Yousif Capital Management LLC Decreases Stake in Federal Realty Investment Trust $FRT

Yousif Capital Management LLC lessened its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 7.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 76,791 shares of the real estate investment trust’s stock after selling 5,828 shares during the period. Yousif Capital Management LLC’s holdings in Federal Realty Investment Trust were worth $7,780,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new stake in shares of Federal Realty Investment Trust in the second quarter valued at about $690,507,000. GRS Advisors LLC acquired a new stake in Federal Realty Investment Trust in the 2nd quarter valued at about $47,517,000. Resolution Capital Ltd raised its holdings in Federal Realty Investment Trust by 11.8% in the 2nd quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock valued at $310,109,000 after acquiring an additional 344,189 shares during the last quarter. Strs Ohio purchased a new position in Federal Realty Investment Trust in the 1st quarter worth approximately $32,181,000. Finally, Lasalle Investment Management Securities LLC boosted its holdings in shares of Federal Realty Investment Trust by 1,816.7% during the 2nd quarter. Lasalle Investment Management Securities LLC now owns 296,392 shares of the real estate investment trust’s stock worth $28,154,000 after purchasing an additional 280,928 shares during the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $101.08 on Wednesday. The stock has a fifty day simple moving average of $98.26 and a 200-day simple moving average of $97.23. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. The stock has a market cap of $8.72 billion, a PE ratio of 25.65, a P/E/G ratio of 3.73 and a beta of 1.00. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $113.13.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.01. The firm had revenue of $321.97 million for the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. Federal Realty Investment Trust’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.71 EPS. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.5%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 114.72%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wells Fargo & Company started coverage on Federal Realty Investment Trust in a report on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 price target for the company. Barclays reaffirmed an “equal weight” rating and issued a $106.00 target price (down from $113.00) on shares of Federal Realty Investment Trust in a research note on Tuesday, November 18th. LADENBURG THALM/SH SH raised shares of Federal Realty Investment Trust to a “strong-buy” rating in a research report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft set a $105.00 price objective on shares of Federal Realty Investment Trust and gave the company a “hold” rating in a report on Tuesday, October 7th. Finally, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $107.00 to $114.00 in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus price target of $109.30.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.