2,445 Shares in Federal Realty Investment Trust (FRT) Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in shares of Federal Realty Investment Trust (NYSE:FRT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,445 shares of the real estate investment trust’s stock, valued at approximately $304,000.

Several other large investors have also added to or reduced their stakes in FRT. Pacer Advisors Inc. lifted its holdings in shares of Federal Realty Investment Trust by 9.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,740 shares of the real estate investment trust’s stock valued at $220,000 after purchasing an additional 145 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Federal Realty Investment Trust by 8.8% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 1,920 shares of the real estate investment trust’s stock valued at $243,000 after purchasing an additional 156 shares in the last quarter. State of Tennessee Treasury Department lifted its holdings in shares of Federal Realty Investment Trust by 0.3% during the 2nd quarter. State of Tennessee Treasury Department now owns 19,757 shares of the real estate investment trust’s stock valued at $2,497,000 after purchasing an additional 60 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Federal Realty Investment Trust by 0.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,367 shares of the real estate investment trust’s stock valued at $678,000 after purchasing an additional 18 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of Federal Realty Investment Trust by 51.2% during the 2nd quarter. Schroder Investment Management Group now owns 216,549 shares of the real estate investment trust’s stock valued at $27,656,000 after purchasing an additional 73,336 shares in the last quarter. Institutional investors and hedge funds own 94.42% of the company’s stock.

Several equities analysts have recently weighed in on FRT shares. Jefferies Group cut their price objective on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, September 15th. BMO Capital Markets initiated coverage on Federal Realty Investment Trust in a report on Sunday, September 17th. They set an “outperform” rating and a $145.00 price objective on the stock. Boenning Scattergood restated a “buy” rating and issued a $140.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Mizuho restated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Finally, UBS Group upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and boosted their target price for the company from $131.00 to $141.00 in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $140.55.

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 9,900 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $132.44, for a total value of $1,311,156.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.10% of the company’s stock.

Shares of Federal Realty Investment Trust (NYSE FRT) opened at $125.44 on Wednesday. The company has a market capitalization of $9,100.00, a P/E ratio of 39.95, a price-to-earnings-growth ratio of 3.47 and a beta of 0.34. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.23 and a quick ratio of 1.23. Federal Realty Investment Trust has a 12 month low of $119.37 and a 12 month high of $143.79.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.03. The firm had revenue of $217.95 million for the quarter, compared to analysts’ expectations of $213.63 million. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.41 EPS. equities research analysts expect that Federal Realty Investment Trust will post 5.91 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 3.19%. The ex-dividend date is Friday, December 29th. Federal Realty Investment Trust’s payout ratio is 127.39%.

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Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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