Federal Realty Investment Trust (NYSE:FRT) Shares Acquired by MQS Management LLC

MQS Management LLC boosted its stake in Federal Realty Investment Trust (NYSE:FRT) by 15.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,480 shares of the real estate investment trust’s stock after buying an additional 1,245 shares during the quarter. Federal Realty Investment Trust makes up about 0.6% of MQS Management LLC’s investment portfolio, making the stock its 10th largest position. MQS Management LLC’s holdings in Federal Realty Investment Trust were worth $1,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Texas Permanent School Fund Corp boosted its stake in shares of Federal Realty Investment Trust by 4.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 15,182 shares of the real estate investment trust’s stock valued at $1,550,000 after purchasing an additional 627 shares in the last quarter. Swiss National Bank boosted its position in Federal Realty Investment Trust by 0.3% in the first quarter. Swiss National Bank now owns 145,000 shares of the real estate investment trust’s stock valued at $14,807,000 after buying an additional 400 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in Federal Realty Investment Trust during the first quarter worth about $657,000. Headlands Technologies LLC bought a new stake in Federal Realty Investment Trust during the first quarter worth about $73,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of Federal Realty Investment Trust by 15.7% during the first quarter. Russell Investments Group Ltd. now owns 147,379 shares of the real estate investment trust’s stock worth $15,050,000 after buying an additional 19,971 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Donald C. Wood sold 5,937 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $116.47, for a total transaction of $691,482.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 30,292 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $116.17, for a total value of $3,519,021.64. Following the completion of the transaction, the chief executive officer now directly owns 6,637 shares of the company’s stock, valued at approximately $771,020.29. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Donald C. Wood sold 5,937 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $116.47, for a total value of $691,482.39. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Federal Realty Investment Trust Trading Down 1.1 %

Shares of NYSE FRT opened at $113.65 on Wednesday. Federal Realty Investment Trust has a fifty-two week low of $90.70 and a fifty-two week high of $118.34. The firm has a market capitalization of $9.43 billion, a P/E ratio of 33.04, a P/E/G ratio of 2.17 and a beta of 1.24. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The company’s 50 day simple moving average is $113.68 and its 200 day simple moving average is $108.46.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be given a $1.10 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 annualized dividend and a dividend yield of 3.87%. Federal Realty Investment Trust’s dividend payout ratio is currently 127.91%.

Analysts Set New Price Targets

A number of research firms recently commented on FRT. Wells Fargo & Company increased their price target on Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. increased their target price on Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Tuesday. Scotiabank cut their price target on Federal Realty Investment Trust from $120.00 to $119.00 and set a “sector outperform” rating for the company in a report on Friday, October 11th. Evercore ISI increased their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Mizuho boosted their target price on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a “neutral” rating in a research note on Monday, August 19th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $122.85.

About Federal Realty Investment Trust

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.