Quadrature Capital Ltd Makes New Investment in Federal Realty Investment Trust (NYSE:FRT)

Quadrature Capital Ltd acquired a new stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,671 shares of the real estate investment trust's stock, valued at approximately $1,571,000.

A number of other hedge funds also recently made changes to their positions in the business. NBC Securities Inc. boosted its holdings in shares of Federal Realty Investment Trust by 81.7% during the 3rd 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 during the period. Brooklyn Investment Group bought a new stake in shares of Federal Realty Investment Trust during the third quarter worth approximately $36,000. Family Firm Inc. acquired a new position in shares of Federal Realty Investment Trust in the second quarter valued at approximately $33,000. Blue Trust Inc. increased its stake 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 Federal Realty Investment Trust during the 2nd quarter worth approximately $42,000. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

Shares of FRT traded up $0.28 during midday trading on Friday, hitting $113.89. The company's stock had a trading volume of 314,201 shares, compared to its average volume of 658,758. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The stock has a market capitalization of $9.45 billion, a price-to-earnings ratio of 33.11, a price-to-earnings-growth ratio of 2.17 and a beta of 1.24. The company's fifty day simple moving average is $113.37 and its two-hundred day simple moving average is $109.86.

Federal Realty Investment Trust Announces Dividend

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

Insider Activity at Federal Realty Investment Trust

In related news, CEO Donald C. Wood sold 5,937 shares of the firm's stock in a transaction on Monday, September 9th. The stock was 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 accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on FRT shares. Truist Financial increased their price objective 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. Mizuho lifted their price objective on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a "neutral" rating in a research note on Monday, August 19th. Raymond James increased their target price on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, August 16th. Compass Point lifted their price target on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, September 10th. Finally, Evercore ISI boosted their price target 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 investment 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.

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.