Mizuho Markets Americas LLC Has $13.98 Million Holdings in Federal Realty Investment Trust $FRT

by · The Markets Daily

Mizuho Markets Americas LLC lifted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT – Free Report) by 21.4% during the 1st quarter, Holdings Channel reports. The firm owned 131,598 shares of the real estate investment trust’s stock after purchasing an additional 23,216 shares during the period. Mizuho Markets Americas LLC’s holdings in Federal Realty Investment Trust were worth $13,977,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FRT. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Federal Realty Investment Trust by 97.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 31,120 shares of the real estate investment trust’s stock worth $3,148,000 after buying an additional 15,329 shares during the last quarter. M&T Bank Corp purchased a new position in Federal Realty Investment Trust in the 4th quarter valued at approximately $4,472,000. UBS Group AG grew its position in shares of Federal Realty Investment Trust by 23.3% in the fourth quarter. UBS Group AG now owns 382,183 shares of the real estate investment trust’s stock valued at $38,524,000 after purchasing an additional 72,293 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Federal Realty Investment Trust by 11.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 436,018 shares of the real estate investment trust’s stock valued at $43,951,000 after buying an additional 43,685 shares during the period. Finally, Farmers & Merchants Investments Inc. increased its holdings 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 worth $2,128,000 after acquiring an additional 21,059 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Trading Down 0.3%

NYSE:FRT opened at $124.71 on Friday. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $126.86. The company has a market cap of $10.77 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 2.97 and a beta of 0.93. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.51. The company has a 50 day simple moving average of $121.71 and a two-hundred day simple moving average of $112.00.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Wednesday, July 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 78.47%.

Analysts Set New Price Targets

Several research firms have weighed in on FRT. Citigroup raised their price target on Federal Realty Investment Trust from $106.00 to $120.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Mizuho set a $130.00 price objective on Federal Realty Investment Trust and gave the stock an “outperform” rating in a report on Monday, June 1st. UBS Group upped their price target on shares of Federal Realty Investment Trust from $118.00 to $127.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. 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. Finally, JPMorgan Chase & Co. lifted their target price 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 analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and an average target price of $127.62.

View Our Latest Analysis on Federal Realty Investment Trust

Federal Realty Investment Trust Company Profile

(Free Report)

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.

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