Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by Advisor Group Holdings Inc.

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Advisor Group Holdings Inc. increased its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 5.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,573 shares of the real estate investment trust’s stock after purchasing an additional 2,136 shares during the quarter. Advisor Group Holdings Inc.’s holdings in Federal Realty Investment Trust were worth $5,267,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Federal Realty Investment Trust by 3.7% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 2,353 shares of the real estate investment trust’s stock worth $278,000 after purchasing an additional 84 shares during the period. CIBC Asset Management Inc raised its position in Federal Realty Investment Trust by 1.4% during the second quarter. CIBC Asset Management Inc now owns 6,297 shares of the real estate investment trust’s stock valued at $738,000 after acquiring an additional 86 shares in the last quarter. Independent Advisor Alliance raised its position in Federal Realty Investment Trust by 1.2% during the second quarter. Independent Advisor Alliance now owns 8,342 shares of the real estate investment trust’s stock valued at $977,000 after acquiring an additional 100 shares in the last quarter. Bbva USA raised its position in Federal Realty Investment Trust by 8.3% during the third quarter. Bbva USA now owns 1,351 shares of the real estate investment trust’s stock valued at $159,000 after acquiring an additional 103 shares in the last quarter. Finally, Securian Asset Management Inc raised its position in Federal Realty Investment Trust by 1.8% during the second quarter. Securian Asset Management Inc now owns 5,963 shares of the real estate investment trust’s stock valued at $699,000 after acquiring an additional 104 shares in the last quarter. 84.73% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:FRT opened at $134.17 on Tuesday. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.42 and a quick ratio of 1.42. The business’s 50 day moving average price is $130.43 and its 200-day moving average price is $123.22. The firm has a market capitalization of $10.44 billion, a PE ratio of 44.28, a P/E/G ratio of 2.37 and a beta of 1.12. Federal Realty Investment Trust has a 1 year low of $81.85 and a 1 year high of $140.51.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Thursday, November 4th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.28 by ($0.64). The firm had revenue of $247.30 million during the quarter, compared to analyst estimates of $228.23 million. Federal Realty Investment Trust had a return on equity of 10.02% and a net margin of 26.33%. The business’s revenue was up 18.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.12 earnings per share. As a group, analysts expect that Federal Realty Investment Trust will post 5.5 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 18th. Stockholders of record on Monday, January 3rd will be paid a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Friday, December 31st. Federal Realty Investment Trust’s dividend payout ratio is presently 141.25%.

Several brokerages recently weighed in on FRT. TheStreet upgraded Federal Realty Investment Trust from a “c+” rating to a “b” rating in a research report on Thursday, November 4th. Citigroup lifted their price target on Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, December 2nd. BMO Capital Markets upgraded Federal Realty Investment Trust from a “market perform” rating to an “outperform” rating and set a $145.00 price target for the company in a research report on Wednesday, December 1st. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $135.00 to $142.00 in a research report on Monday, December 20th. Finally, Truist boosted their price objective on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, December 10th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $126.92.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the ownership, management and redevelopment of high quality retail focus properties. The company was founded by Samuel J. Gorlitz in 1962 and is headquartered in North Bethesda, MD.

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