Federal Realty Investment Trust $FRT Shares Sold by Yousif Capital Management LLC

by · The Markets Daily

Yousif Capital Management LLC reduced its position in shares of Federal Realty Investment Trust (NYSE:FRT – Free Report) by 10.9% during the third quarter, Holdings Channel.com reports. The fund owned 73,489 shares of the real estate investment trust’s stock after selling 9,019 shares during the quarter. Yousif Capital Management LLC’s holdings in Federal Realty Investment Trust were worth $7,958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FRT. MBL Wealth LLC bought a new position in shares of Federal Realty Investment Trust during the 3rd quarter valued at about $254,000. Root Financial Partners LLC acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth approximately $40,000. Axxcess Wealth Management LLC bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter worth approximately $238,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of Federal Realty Investment Trust by 38.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 133,285 shares of the real estate investment trust’s stock worth $14,433,000 after purchasing an additional 36,947 shares in the last quarter. Finally, USA Financial Formulas bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter worth approximately $433,000. 93.86% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Nicole Lamb-Hale sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $108.89, for a total transaction of $163,335.00. Following the sale, the director owned 4,613 shares in the company, valued at $502,309.57. The trade was a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by corporate insiders.

Federal Realty Investment Trust Trading Down 0.1%

NYSE:FRT opened at $108.76 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46. Federal Realty Investment Trust has a 1-year low of $90.03 and a 1-year high of $128.21. The firm has a market capitalization of $9.40 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 2.72 and a beta of 0.93. The stock has a fifty day simple moving average of $111.76 and a 200 day simple moving average of $116.31.

Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last issued its quarterly 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 analysts’ expectations of $331.92 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Sell-side analysts forecast that Federal Realty Investment Trust will post 7.54 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a dividend of $1.16 per share. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Thursday, October 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 93.74%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Federal Realty Investment Trust from $124.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, September 4th. Citigroup lifted their price target on shares of Federal Realty Investment Trust from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Wells Fargo & Company dropped their price target on Federal Realty Investment Trust from $126.00 to $119.00 and set an “overweight” rating on the stock in a report on Friday. Weiss Ratings cut Federal Realty Investment Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, September 1st. Finally, Raymond James Financial reiterated an “outperform” rating and set a $135.00 price objective on shares of Federal Realty Investment Trust in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $124.62.

Check Out Our Latest Research Report on FRT

Federal Realty Investment Trust Company Profile

(Free Report)

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates and redevelops high-quality retail and mixed-use properties. Its portfolio includes shopping centers, street retail, and mixed-use developments that combine retail, residential, office and hospitality uses.

The company focuses on densely populated, affluent communities and prominent locations in major metropolitan markets. Its properties are concentrated in regions including the Northeast, Mid-Atlantic, California and South Florida, and are leased to a broad range of retailers, restaurants, service providers and other commercial tenants.

Founded in 1962, Federal Realty has developed and managed properties designed to serve both local communities and national retailers.

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