Robeco Institutional Asset Management B.V. Sells 30,644 Shares of Federal Realty Investment Trust (NYSE:FRT)

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 20.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,626 shares of the real estate investment trust's stock after selling 30,644 shares during the period. Robeco Institutional Asset Management B.V. owned 0.15% of Federal Realty Investment Trust worth $14,098,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of FRT. Van ECK Associates Corp boosted its stake in shares of Federal Realty Investment Trust by 12.7% in the 3rd quarter. Van ECK Associates Corp now owns 35,370 shares of the real estate investment trust's stock valued at $4,047,000 after purchasing an additional 3,992 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in Federal Realty Investment Trust by 7.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,240 shares of the real estate investment trust's stock worth $717,000 after purchasing an additional 426 shares in the last quarter. New York State Teachers Retirement System lifted its position in shares of Federal Realty Investment Trust by 9.5% during the 3rd quarter. New York State Teachers Retirement System now owns 79,894 shares of the real estate investment trust's stock worth $9,185,000 after buying an additional 6,962 shares in the last quarter. Trajan Wealth LLC purchased a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth approximately $207,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Federal Realty Investment Trust by 29.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,114 shares of the real estate investment trust's stock valued at $1,614,000 after acquiring an additional 3,178 shares in the last quarter. Institutional investors own 93.86% of the company's stock.

Federal Realty Investment Trust Trading Up 0.5 %

FRT traded up $0.54 during trading on Thursday, hitting $113.66. 444,791 shares of the stock traded hands, compared to its average volume of 620,952. Federal Realty Investment Trust has a 12-month low of $90.70 and a 12-month high of $118.34. The firm has a market capitalization of $9.43 billion, a P/E ratio of 32.88, a price-to-earnings-growth ratio of 2.11 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 firm has a 50-day moving average of $113.73 and a 200 day moving average of $108.09.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be paid a dividend of $1.10 per share. 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 (DPR) is presently 127.91%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FRT shares. Mizuho boosted their price target on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a "neutral" rating in a report on Monday, August 19th. Scotiabank reduced their price objective on shares of Federal Realty Investment Trust from $120.00 to $119.00 and set a "sector outperform" rating for the company in a research note on Friday, October 11th. Truist Financial raised their target price on Federal Realty Investment Trust from $115.00 to $121.00 and gave the stock a "buy" rating in a research note on Wednesday, August 28th. Piper Sandler boosted 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 research report on Friday, August 2nd. Finally, Evercore ISI lifted their price objective on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $122.77.

Insider Activity at Federal Realty Investment Trust

In related news, CEO Donald C. Wood sold 30,292 shares of Federal Realty Investment Trust stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $116.17, for a total value of $3,519,021.64. Following the sale, the chief executive officer now owns 6,637 shares in the company, valued at $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 SEC, which is available at this link. In other news, CEO Donald C. Wood sold 5,937 shares of the firm's stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $116.47, for a total transaction of $691,482.39. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Donald C. Wood sold 30,292 shares of the stock in a transaction dated Thursday, September 5th. The shares were 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 in the company, valued at approximately $771,020.29. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.

Federal Realty Investment Trust 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.