Wellington Management Group LLP Makes New Investment in Federal Realty Investment Trust $FRT

Wellington Management Group LLP acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT) in the 2nd quarter, HoldingsChannel reports. The fund acquired 484,702 shares of the real estate investment trust’s stock, valued at approximately $59,832,000.

Other hedge funds also recently modified their holdings of the company. Public Employees Retirement System of Ohio bought a new position in Federal Realty Investment Trust during the second quarter worth $15,474,000. Adelante Capital Management LLC bought a new stake in Federal Realty Investment Trust in the second quarter valued at $27,480,000. Compass Financial Management LLC acquired a new position in shares of Federal Realty Investment Trust during the second quarter valued at about $226,000. Sound Financial Strategies Group LLC acquired a new position in shares of Federal Realty Investment Trust during the second quarter valued at about $338,000. Finally, Trust Co. of Vermont bought a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth about $160,000. Institutional investors own 93.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on FRT shares. Scotiabank boosted their target price on Federal Realty Investment Trust from $118.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 price objective for the company in a report on Friday, May 29th. Jefferies Financial Group raised Federal Realty Investment Trust to a “strong-buy” rating in a research report on Friday, June 26th. Barclays lifted their price target on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “equal weight” rating in a research report on Monday, August 17th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Federal Realty Investment Trust from $115.00 to $124.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $128.44.

Federal Realty Investment Trust Stock Performance

Shares of FRT opened at $117.02 on Friday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a 50 day moving average price of $120.99 and a two-hundred day moving average price of $115.58. The firm has a market capitalization of $10.11 billion, a P/E ratio of 23.64, a P/E/G ratio of 2.90 and a beta of 0.91. Federal Realty Investment Trust has a 52 week low of $90.03 and a 52 week high of $128.21.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). The company had revenue of $335.71 million during the quarter, compared to the consensus estimate of $331.92 million. Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Equities analysts forecast that Federal Realty Investment Trust will post 7.54 earnings per share for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.16 per share. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. The ex-dividend date is Thursday, October 1st. This represents a $4.64 annualized dividend and a yield of 4.0%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 91.31%.

Federal Realty Investment Trust 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.