Vest Financial LLC Has $52.23 Million Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Vest Financial LLC raised its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 5.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 454,327 shares of the real estate investment trust's stock after acquiring an additional 24,276 shares during the period. Vest Financial LLC owned approximately 0.55% of Federal Realty Investment Trust worth $52,234,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. boosted its stake in Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock worth $27,000 after buying an additional 107 shares in the last quarter. CWM LLC lifted its holdings in shares of Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock worth $129,000 after acquiring an additional 110 shares during the period. PFG Investments LLC boosted its position in shares of Federal Realty Investment Trust by 2.0% during the 2nd quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust's stock valued at $625,000 after acquiring 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 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust's stock valued at $535,000 after acquiring an additional 143 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its stake in Federal Realty Investment Trust by 9.0% in the third quarter. V Square Quantitative Management LLC now owns 2,289 shares of the real estate investment trust's stock valued at $263,000 after acquiring an additional 189 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT traded up $1.00 during trading on Friday, reaching $114.34. The company had a trading volume of 430,299 shares, compared to its average volume of 620,672. Federal Realty Investment Trust has a 52 week low of $85.59 and a 52 week high of $118.34. The business's 50 day moving average price is $113.93 and its 200-day moving average price is $106.91. The stock has a market cap of $9.48 billion, a PE ratio of 40.69, a PEG ratio of 2.11 and a beta of 1.23. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.74 and a current ratio of 1.74.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $1.32 earnings per share for the quarter, missing the consensus estimate of $1.68 by ($0.36). The company had revenue of $295.80 million during the quarter, compared to the consensus estimate of $293.61 million. Federal Realty Investment Trust had a return on equity of 10.07% and a net margin of 24.69%. The business's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.67 EPS. 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 3.85%. This is a positive change from Federal Realty Investment Trust's previous quarterly dividend of $1.09. The ex-dividend date of this dividend was Tuesday, October 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 156.58%.

Insiders Place Their Bets

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the company'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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald C. Wood sold 30,292 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 6,637 shares in the company, valued at $771,020.29. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FRT shares. JPMorgan Chase & Co. lifted their price objective on Federal Realty Investment Trust from $112.00 to $121.00 and gave the company a "neutral" rating in a report on Thursday, August 8th. Compass Point boosted their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, September 10th. Evercore ISI upped their price target on 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. Raymond James lifted their price objective 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. Finally, Scotiabank reduced their target price on shares of Federal Realty Investment Trust from $120.00 to $119.00 and set a "sector outperform" rating on the stock in a research note on Friday, October 11th. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $122.77.

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.