Federal Realty Investment Trust $FRT Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 15.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,008 shares of the real estate investment trust’s stock after purchasing an additional 16,343 shares during the period. Janney Montgomery Scott LLC owned approximately 0.14% of Federal Realty Investment Trust worth $12,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FRT. Danske Bank A S grew its position in Federal Realty Investment Trust by 16.7% during the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 100 shares during the period. New Mexico Educational Retirement Board boosted its stake in shares of Federal Realty Investment Trust by 2.8% in the fourth quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock worth $368,000 after buying an additional 100 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of Federal Realty Investment Trust by 2.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock worth $388,000 after buying an additional 103 shares during the last quarter. Equitable Holdings Inc. boosted its stake in shares of Federal Realty Investment Trust by 3.5% in the third quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock worth $315,000 after buying an additional 105 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Federal Realty Investment Trust by 18.8% during the second quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after acquiring an additional 109 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on FRT. Piper Sandler reissued an “overweight” rating on shares of Federal Realty Investment Trust in a report on Tuesday, May 26th. Weiss Ratings raised shares of Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Scotiabank lifted their target price on shares of Federal Realty Investment Trust from $118.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. UBS Group set a $130.00 target price on shares of Federal Realty Investment Trust in a research note on Monday, June 1st. Finally, Citigroup increased their price target on shares of Federal Realty Investment Trust from $106.00 to $120.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $124.20.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $120.47 on Thursday. The stock has a market capitalization of $10.41 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 2.94 and a beta of 0.93. The stock has a 50-day moving average of $118.61 and a 200 day moving average of $109.56. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.51. Federal Realty Investment Trust has a twelve month low of $89.99 and a twelve month high of $126.41.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, July 1st. Federal Realty Investment Trust’s dividend payout ratio is presently 78.47%.

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.