Janus Henderson Group PLC Boosts Stake in Federal Realty Investment Trust (NYSE:FRT)

Janus Henderson Group PLC lifted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 1,463.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 611,086 shares of the real estate investment trust's stock after buying an additional 572,008 shares during the period. Janus Henderson Group PLC owned about 0.74% of Federal Realty Investment Trust worth $70,251,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. lifted its holdings in 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 buying an additional 107 shares during the period. Family Firm Inc. acquired a new position in Federal Realty Investment Trust during the second quarter valued at approximately $33,000. Blue Trust Inc. grew its position in shares of Federal Realty Investment Trust by 885.7% in the 2nd quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust's stock valued at $35,000 after acquiring an additional 310 shares during the period. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the third quarter valued at $36,000. Finally, Rothschild Investment LLC acquired a new position in shares of Federal Realty Investment Trust in the second quarter valued at approximately $42,000. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of NYSE:FRT traded up $0.29 during trading on Friday, hitting $113.90. The company's stock had a trading volume of 314,201 shares, compared to its average volume of 625,839. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The firm has a market cap of $9.45 billion, a price-to-earnings ratio of 33.02, a P/E/G ratio of 2.26 and a beta of 1.24. The company has a 50-day moving average of $113.38 and a 200-day moving average of $109.77.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be paid a $1.10 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 3.86%. Federal Realty Investment Trust's payout ratio is 127.91%.

Insider Activity at Federal Realty Investment Trust

In related 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 value of $691,482.39. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Scotiabank raised their price objective 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. Mizuho boosted their target price 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. Raymond James upped their target price on Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, August 16th. Evercore ISI lifted their price objective on Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Finally, Compass Point increased their target price on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, September 10th. Two 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 target price of $123.38.

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.