Federal Realty Investment Trust (FRT) Holdings Lifted by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. grew its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 695,545 shares of the real estate investment trust’s stock after purchasing an additional 45,860 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.96% of Federal Realty Investment Trust worth $86,394,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of FRT. Advisor Group Inc. increased its position in shares of Federal Realty Investment Trust by 27.4% during the 2nd quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $173,000 after purchasing an additional 297 shares during the last quarter. Global X Management Co. LLC increased its position in shares of Federal Realty Investment Trust by 16.0% during the 2nd quarter. Global X Management Co. LLC now owns 1,444 shares of the real estate investment trust’s stock worth $183,000 after purchasing an additional 199 shares during the last quarter. Advisor Partners LLC acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth approximately $203,000. Timber Hill LLC acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth approximately $215,000. Finally, Pacer Advisors Inc. increased its position in shares of Federal Realty Investment Trust by 9.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,740 shares of the real estate investment trust’s stock worth $220,000 after purchasing an additional 145 shares during the last quarter. 94.60% of the stock is currently owned by hedge funds and other institutional investors.

FRT has been the topic of several recent analyst reports. Stifel Nicolaus started coverage on Federal Realty Investment Trust in a research report on Thursday. They set a “buy” rating and a $144.00 price target on the stock. Boenning Scattergood set a $140.00 target price on Federal Realty Investment Trust and gave the stock a “buy” rating in a report on Friday, August 4th. Citigroup boosted their target price on Federal Realty Investment Trust from $147.00 to $148.00 and gave the stock a “buy” rating in a report on Monday, August 14th. Jefferies Group decreased their target price on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, September 15th. Finally, Mizuho reissued a “buy” rating and set a $142.00 target price on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. Federal Realty Investment Trust has an average rating of “Buy” and a consensus target price of $140.82.

In related news, insider Donald C. Wood sold 9,286 shares of the business’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $131.12, for a total value of $1,217,580.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dawn M. Becker sold 21,814 shares of the business’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $130.91, for a total value of $2,855,670.74. Following the completion of the sale, the executive vice president now owns 145,809 shares of the company’s stock, valued at $19,087,856.19. The disclosure for this sale can be found here. Insiders sold a total of 102,342 shares of company stock valued at $13,452,421 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

Federal Realty Investment Trust (NYSE FRT) opened at $132.54 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market capitalization of $9,591.42, a P/E ratio of 22.45, a P/E/G ratio of 3.73 and a beta of 0.34. Federal Realty Investment Trust has a 1-year low of $119.37 and a 1-year high of $145.80.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.03. The business had revenue of $217.95 million for the quarter, compared to analyst estimates of $213.63 million. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.41 EPS. analysts anticipate that Federal Realty Investment Trust will post 5.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd will be paid a $1.00 dividend. The ex-dividend date is Friday, December 29th. This represents a $4.00 annualized dividend and a yield of 3.02%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 97.56%.

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Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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