Federal Realty Investment Trust $FRT Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its stake in Federal Realty Investment Trust (NYSE:FRT) by 95.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 12,016 shares of the real estate investment trust’s stock after acquiring an additional 5,854 shares during the quarter. Pacer Advisors Inc.’s holdings in Federal Realty Investment Trust were worth $1,276,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FRT. M&T Bank Corp acquired a new stake in shares of Federal Realty Investment Trust in the 4th quarter worth approximately $4,472,000. UBS Group AG raised its holdings in Federal Realty Investment Trust by 23.3% during the fourth quarter. UBS Group AG now owns 382,183 shares of the real estate investment trust’s stock worth $38,524,000 after purchasing an additional 72,293 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in Federal Realty Investment Trust by 11.1% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 436,018 shares of the real estate investment trust’s stock worth $43,951,000 after purchasing an additional 43,685 shares during the period. Farmers & Merchants Investments Inc. boosted its stake in Federal Realty Investment Trust by 42,977.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 21,108 shares of the real estate investment trust’s stock valued at $2,128,000 after purchasing an additional 21,059 shares in the last quarter. Finally, Mattern Capital Management LLC boosted its stake in Federal Realty Investment Trust by 9.1% during the 4th quarter. Mattern Capital Management LLC now owns 81,244 shares of the real estate investment trust’s stock valued at $8,189,000 after purchasing an additional 6,758 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Down 0.2%

Shares of Federal Realty Investment Trust stock opened at $118.44 on Monday. Federal Realty Investment Trust has a 1 year low of $90.03 and a 1 year high of $128.21. The company has a market cap of $10.23 billion, a P/E ratio of 23.93 and a beta of 0.93. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.46. The stock has a 50-day moving average price of $122.89 and a 200 day moving average price of $113.67.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The company had revenue of $338.39 million for the quarter, compared to analysts’ expectations of $331.92 million. During the same period in the previous year, the firm posted $1.91 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, analysts expect that Federal Realty Investment Trust will post 7.53 EPS for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Thursday, October 1st. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s payout ratio is currently 93.74%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on FRT shares. Jefferies Financial Group raised Federal Realty Investment Trust to a “strong-buy” rating in a research note on Friday, June 26th. UBS Group raised their price objective on shares of Federal Realty Investment Trust from $118.00 to $127.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Mizuho set a $130.00 price objective on shares of Federal Realty Investment Trust and gave the stock an “outperform” rating in a research note on Monday, June 1st. Citigroup raised their target price on shares of Federal Realty Investment Trust from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, Bank of America upped their price target on Federal Realty Investment Trust from $128.00 to $131.00 and gave the company a “buy” rating in a report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.25.

About Federal Realty Investment Trust

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.