Federal Realty Investment Trust (NYSE:FRT) Shares Bought by Marshall Wace LLP

Marshall Wace LLP boosted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 35.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 195,030 shares of the real estate investment trust's stock after buying an additional 50,590 shares during the period. Marshall Wace LLP owned approximately 0.24% of Federal Realty Investment Trust worth $19,692,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Assetmark Inc. boosted its position in shares of Federal Realty Investment Trust by 1,667.2% during the fourth quarter. Assetmark Inc. now owns 1,184 shares of the real estate investment trust's stock worth $122,000 after buying an additional 1,117 shares during the period. Franklin Resources Inc. boosted its holdings in Federal Realty Investment Trust by 4.6% during the 4th quarter. Franklin Resources Inc. now owns 17,304 shares of the real estate investment trust's stock valued at $1,783,000 after acquiring an additional 757 shares during the period. Evoke Wealth LLC acquired a new position in Federal Realty Investment Trust in the 4th quarter valued at about $212,000. Bank of Nova Scotia grew its holdings in shares of Federal Realty Investment Trust by 15.8% in the fourth quarter. Bank of Nova Scotia now owns 5,823 shares of the real estate investment trust's stock valued at $600,000 after purchasing an additional 793 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its position in shares of Federal Realty Investment Trust by 59.4% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 20,237 shares of the real estate investment trust's stock worth $2,085,000 after acquiring an additional 7,545 shares during the period. Institutional investors and hedge funds own 93.86% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. 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 report on Wednesday, August 28th. JPMorgan Chase & Co. boosted their price objective on shares of Federal Realty Investment Trust from $112.00 to $121.00 and gave the stock a "neutral" rating in a research report on Thursday, August 8th. Raymond James increased their target price on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday, August 16th. Scotiabank lifted their price target on shares of Federal Realty Investment Trust from $112.00 to $120.00 and gave the stock a "sector outperform" rating in a research note on Monday, August 26th. Finally, Citigroup raised Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and upped their target price for the company from $120.00 to $135.00 in a research report on Friday, September 13th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $122.85.

Federal Realty Investment Trust Price Performance

Shares of FRT traded up $0.75 during trading hours on Friday, reaching $114.38. The company had a trading volume of 409,976 shares, compared to its average volume of 628,140. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.57. Federal Realty Investment Trust has a 12-month low of $85.59 and a 12-month high of $118.34. The firm has a 50 day simple moving average of $113.61 and a 200-day simple moving average of $105.60. The company has a market capitalization of $9.49 billion, a price-to-earnings ratio of 40.70, a PEG ratio of 2.16 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by ($0.36). Federal Realty Investment Trust had a net margin of 24.69% and a return on equity of 10.07%. The company had revenue of $295.80 million for the quarter, compared to analyst estimates of $293.61 million. During the same quarter in the previous year, the business posted $1.67 earnings per share. Federal Realty Investment Trust's revenue was up 5.5% on a year-over-year basis. Research analysts expect that Federal Realty Investment Trust will post 6.81 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $4.40 dividend on an annualized basis and a yield of 3.85%. This is a boost from Federal Realty Investment Trust's previous quarterly dividend of $1.09. Federal Realty Investment Trust's payout ratio is presently 156.58%.

Insider Buying and Selling at Federal Realty Investment Trust

In related news, CEO Donald C. Wood sold 5,937 shares of Federal Realty Investment Trust 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 30,292 shares of the firm's stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $116.17, for a total transaction of $3,519,021.64. Following the sale, the chief executive officer now directly owns 6,637 shares of the company's stock, valued at approximately $771,020.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Donald C. Wood sold 5,937 shares of the business's stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $116.47, for a total transaction of $691,482.39. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.

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.