Sei Investments Co. Boosts Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Sei Investments Co. raised its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 419,208 shares of the real estate investment trust's stock after acquiring an additional 18,790 shares during the quarter. Sei Investments Co. owned approximately 0.51% of Federal Realty Investment Trust worth $46,930,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FRT. Janus Henderson Group PLC boosted its holdings in shares of Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust's stock valued at $70,251,000 after acquiring an additional 572,008 shares during the period. FMR LLC lifted its position in shares of Federal Realty Investment Trust by 667.2% during the 3rd quarter. FMR LLC now owns 572,809 shares of the real estate investment trust's stock valued at $65,856,000 after acquiring an additional 498,146 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Federal Realty Investment Trust by 456.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust's stock valued at $69,544,000 after purchasing an additional 496,129 shares during the last quarter. Wellington Management Group LLP acquired a new position in Federal Realty Investment Trust during the third quarter worth about $26,548,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after acquiring an additional 168,885 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

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Federal Realty Investment Trust Stock Up 0.0 %

Federal Realty Investment Trust stock traded up $0.02 during mid-day trading on Friday, reaching $96.80. The stock had a trading volume of 849,667 shares, compared to its average volume of 642,768. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. Federal Realty Investment Trust has a fifty-two week low of $94.58 and a fifty-two week high of $118.34. The firm has a market capitalization of $8.29 billion, a PE ratio of 28.22, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. The stock's 50-day simple moving average is $103.78 and its 200-day simple moving average is $109.43.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, sell-side analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's payout ratio is 128.28%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Mizuho reduced their price target on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. Wells Fargo & Company dropped their target price on shares of Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a research report on Wednesday. Truist Financial downgraded shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their price target for the stock from $114.00 to $105.00 in a research report on Thursday, March 13th. Finally, Raymond James dropped their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 18th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $116.62.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.