12,500 Shares in Federal Realty Investment Trust (NYSE:FRT) Purchased by Entropy Technologies LP

Entropy Technologies LP bought a new position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,500 shares of the real estate investment trust's stock, valued at approximately $1,437,000.

Several other hedge funds also recently bought and sold shares of FRT. NBC Securities Inc. lifted its holdings in shares of Federal Realty Investment Trust by 81.7% in the 3rd 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 position in 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 valued at $129,000 after purchasing an additional 110 shares during the period. PFG Investments LLC lifted its stake in 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 purchasing an additional 124 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position 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 worth $535,000 after buying an additional 143 shares during the period. Finally, Apollon Wealth Management LLC grew its stake in shares of Federal Realty Investment Trust by 5.6% in the third quarter. Apollon Wealth Management LLC now owns 3,123 shares of the real estate investment trust's stock valued at $359,000 after buying an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FRT. Truist Financial lifted their target price on Federal Realty Investment Trust from $115.00 to $121.00 and gave the company a "buy" rating in a research report on Wednesday, August 28th. Evercore ISI raised their price target on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. Mizuho increased their price objective on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a "neutral" rating in a research note on Monday, August 19th. Citigroup raised Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and increased their price target for the company from $120.00 to $135.00 in a research report on Friday, September 13th. Finally, Compass Point boosted their price objective on Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, September 10th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $122.85.

Federal Realty Investment Trust Stock Up 0.4 %

Shares of NYSE FRT traded up $0.43 during midday trading on Wednesday, reaching $114.08. 171,216 shares of the company's stock were exchanged, compared to its average volume of 620,561. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. Federal Realty Investment Trust has a 52-week low of $90.84 and a 52-week high of $118.34. The business's fifty day moving average price is $113.68 and its two-hundred day moving average price is $108.46. The stock has a market capitalization of $9.46 billion, a PE ratio of 33.25, a price-to-earnings-growth ratio of 2.15 and a beta of 1.24.

Federal Realty Investment Trust Announces Dividend

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 issued a $1.10 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 3.86%. Federal Realty Investment Trust's dividend payout ratio is presently 127.91%.

Insiders Place Their Bets

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the stock in a transaction that occurred on 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 filing with the SEC, which is available at this link. In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the firm's stock in a transaction on Monday, September 9th. The stock was sold at an average price of $116.47, for a total value of $691,482.39. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Donald C. Wood sold 30,292 shares of the business's stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $116.17, for a total transaction of $3,519,021.64. Following the transaction, the chief executive officer now directly owns 6,637 shares in the company, valued at $771,020.29. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

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.