Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 3.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,247,915 shares of the real estate investment trust's stock after buying an additional 42,209 shares during the period. Charles Schwab Investment Management Inc. owned 1.50% of Federal Realty Investment Trust worth $143,473,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. NBC Securities Inc. grew its stake in shares of Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 107 shares during the last quarter. CWM LLC raised its holdings in shares of Federal Realty Investment Trust by 10.9% in the third quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock worth $129,000 after buying an additional 110 shares during the last quarter. PFG Investments LLC lifted its stake in shares of Federal Realty Investment Trust by 2.0% during the second quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust's stock worth $625,000 after buying an additional 124 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Federal Realty Investment Trust by 2.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust's stock valued at $535,000 after buying an additional 143 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its position in shares of Federal Realty Investment Trust by 5.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 3,123 shares of the real estate investment trust's stock valued at $359,000 after acquiring an additional 167 shares during the period. Institutional investors own 93.86% of the company's stock.

Insider Buying and Selling

In other news, CEO Donald C. Wood sold 30,292 shares of the company's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $116.17, for a total transaction of $3,519,021.64. Following the completion of the sale, the chief executive officer now owns 6,637 shares of the company's stock, valued at $771,020.29. This represents a 82.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have commented on FRT. Truist Financial lifted their price target on Federal Realty Investment Trust from $115.00 to $121.00 and gave the stock a "buy" rating in a research report on Wednesday, August 28th. Compass Point increased their price target on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, September 10th. Raymond James lifted their price objective on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an "outperform" rating in a research note on Friday, August 16th. Scotiabank raised their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a report on Monday. Finally, Piper Sandler upped their price target on shares of Federal Realty Investment Trust from $122.00 to $135.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $123.38.

Federal Realty Investment Trust Price Performance

NYSE:FRT traded up $1.12 during trading hours on Monday, reaching $115.98. 938,479 shares of the company were exchanged, compared to its average volume of 630,210. The stock's 50-day moving average is $113.27 and its 200-day moving average is $109.05. Federal Realty Investment Trust has a twelve month low of $91.62 and a twelve month high of $118.34. The firm has a market cap of $9.62 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 2.19 and a beta of 1.24. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust's dividend payout ratio is presently 127.91%.

Federal Realty Investment Trust Company Profile

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.