Healthcare of Ontario Pension Plan Trust Fund Has $9.27 Million Holdings in Federal Realty Investment Trust (NYSE:FRT)

Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 601.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 80,644 shares of the real estate investment trust's stock after buying an additional 69,144 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 0.10% of Federal Realty Investment Trust worth $9,272,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of FRT. NBC Securities Inc. grew its stake in shares of Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock valued at $27,000 after acquiring an additional 107 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth approximately $36,000. Family Firm Inc. acquired a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth approximately $33,000. Blue Trust Inc. increased its holdings in shares of Federal Realty Investment Trust by 885.7% during the second quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 310 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in shares of Federal Realty Investment Trust in the second quarter valued at approximately $42,000. Institutional investors and hedge funds own 93.86% of the company's stock.

Insiders Place Their Bets

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of Federal Realty Investment Trust 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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company's stock.

Federal Realty Investment Trust Trading Down 0.7 %

Federal Realty Investment Trust stock traded down $0.88 during trading hours on Friday, hitting $116.65. The stock had a trading volume of 350,060 shares, compared to its average volume of 628,448. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 33.91, a P/E/G ratio of 2.33 and a beta of 1.24. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The business's 50 day simple moving average is $113.43 and its 200-day simple moving average is $109.50. Federal Realty Investment Trust has a one year low of $94.24 and a one year high of $118.34.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be given a dividend of $1.10 per share. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 3.77%. Federal Realty Investment Trust's dividend payout ratio is presently 127.91%.

Analyst Ratings Changes

Several analysts have recently issued reports on FRT shares. Wells Fargo & Company increased their target price on Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an "overweight" rating in a report on Wednesday, August 28th. Truist Financial raised their target price on shares of Federal Realty Investment Trust from $115.00 to $121.00 and gave the company a "buy" rating in a report on Wednesday, August 28th. Citigroup raised shares of Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and upped their price target for the stock from $120.00 to $135.00 in a report on Friday, September 13th. JPMorgan Chase & Co. lifted their price objective on shares of Federal Realty Investment Trust from $121.00 to $122.00 and gave the company a "neutral" rating in a research note on Tuesday, November 12th. Finally, Scotiabank upped their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a research note on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.38.

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.