Janus Henderson Group PLC Reduces Position in Federal Realty Investment Trust (NYSE:FRT)

Janus Henderson Group PLC trimmed its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 595,416 shares of the real estate investment trust's stock after selling 15,670 shares during the period. Janus Henderson Group PLC owned approximately 0.72% of Federal Realty Investment Trust worth $66,660,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kapitalo Investimentos Ltda acquired a new stake in shares of Federal Realty Investment Trust in the 4th quarter worth $51,000. Venturi Wealth Management LLC raised its stake in Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock valued at $53,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock worth $62,000 after acquiring an additional 111 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of Federal Realty Investment Trust by 592.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust's stock worth $77,000 after acquiring an additional 592 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at about $91,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of FRT traded down $0.37 during trading hours on Monday, hitting $97.58. The stock had a trading volume of 85,927 shares, compared to its average volume of 682,092. The firm has a 50-day moving average price of $94.34 and a 200 day moving average price of $104.19. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.34. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 2.20 and a beta of 1.10. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.01. The firm had revenue of $302.29 million for the quarter, compared to analysts' expectations of $307.55 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The company's quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the firm earned $1.64 EPS. As a group, research analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a $1.10 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.51%. Federal Realty Investment Trust's dividend payout ratio is currently 126.07%.

Analyst Ratings Changes

Several research firms have weighed in on FRT. Stifel Nicolaus dropped their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a research report on Friday, February 14th. Scotiabank dropped their price objective on shares of Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating on the stock in a report on Wednesday, April 23rd. Truist Financial lowered Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their target price for the stock from $114.00 to $105.00 in a research note on Thursday, March 13th. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Finally, JPMorgan Chase & Co. cut their price objective on Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.