125,358 Shares in Federal Realty Investment Trust $FRT Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in Federal Realty Investment Trust (NYSE:FRT) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 125,358 shares of the real estate investment trust’s stock, valued at approximately $15,474,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new stake in shares of Federal Realty Investment Trust during the fourth quarter worth $25,000. Advisory Services Network LLC acquired a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $35,000. SJS Investment Consulting Inc. lifted its stake in shares of Federal Realty Investment Trust by 72.4% in the first quarter. SJS Investment Consulting Inc. now owns 362 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 152 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Federal Realty Investment Trust by 64.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 370 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 145 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Federal Realty Investment Trust during the fourth quarter worth about $39,000. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of FRT stock opened at $116.95 on Monday. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market capitalization of $10.10 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. The firm’s 50-day moving average is $121.51 and its two-hundred day moving average is $115.27. Federal Realty Investment Trust has a 12 month low of $90.03 and a 12 month high of $128.21.

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

Federal Realty Investment Trust Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on FRT. Wolfe Research initiated coverage on shares of Federal Realty Investment Trust in a report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price objective for the company. Piper Sandler upped their price target on Federal Realty Investment Trust from $127.00 to $149.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Citigroup increased their price target on Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Wells Fargo & Company lifted their price objective on Federal Realty Investment Trust from $129.00 to $134.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on Federal Realty Investment Trust from $115.00 to $124.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and an average target price of $128.44.

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.