Curi RMB Capital LLC Grows Holdings in Federal Realty Investment Trust (NYSE:FRT)

Curi RMB Capital LLC raised its holdings in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 42.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,238 shares of the real estate investment trust's stock after purchasing an additional 41,511 shares during the quarter. Curi RMB Capital LLC owned 0.17% of Federal Realty Investment Trust worth $15,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Barclays PLC increased its holdings in Federal Realty Investment Trust by 3.4% during the third quarter. Barclays PLC now owns 132,497 shares of the real estate investment trust's stock worth $15,232,000 after buying an additional 4,324 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in Federal Realty Investment Trust by 45.3% in the third quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust's stock valued at $373,000 after purchasing an additional 1,012 shares during the last quarter. World Investment Advisors LLC bought a new position in Federal Realty Investment Trust during the third quarter valued at $221,000. Tidal Investments LLC raised its stake in shares of Federal Realty Investment Trust by 6.2% in the third quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust's stock valued at $297,000 after buying an additional 153 shares during the period. Finally, Retirement Systems of Alabama lifted its position in shares of Federal Realty Investment Trust by 0.4% during the 3rd quarter. Retirement Systems of Alabama now owns 59,392 shares of the real estate investment trust's stock valued at $6,828,000 after buying an additional 244 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on FRT. JPMorgan Chase & Co. dropped their price objective on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Raymond James dropped their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 18th. Truist Financial cut Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their price target for the company from $114.00 to $105.00 in a research report on Thursday, March 13th. Mizuho reduced their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. Finally, Wells Fargo & Company reduced their price objective on shares of Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and an average price target of $116.00.

Federal Realty Investment Trust Price Performance

Shares of FRT stock traded up $1.06 during trading hours on Thursday, hitting $95.73. 530,210 shares of the company's stock were exchanged, compared to its average volume of 678,558. The company has a market capitalization of $8.21 billion, a PE ratio of 27.88, a PEG ratio of 2.20 and a beta of 1.08. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.34. The business's 50 day simple moving average is $97.12 and its 200-day simple moving average is $106.31.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.60%. The ex-dividend date was Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is 128.28%.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.