Nomura Holdings Inc. Purchases Shares of 13,053 Federal Realty Investment Trust (NYSE:FRT)

Nomura Holdings Inc. purchased a new stake in shares of Federal Realty Investment Trust (NYSE:FRT) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,053 shares of the real estate investment trust’s stock, valued at approximately $1,345,000.

Several other large investors have also added to or reduced their stakes in FRT. Pathstone Family Office LLC purchased a new stake in Federal Realty Investment Trust during the 3rd quarter valued at about $330,000. UBS Group AG grew its stake in Federal Realty Investment Trust by 4.4% during the 3rd quarter. UBS Group AG now owns 155,823 shares of the real estate investment trust’s stock valued at $14,122,000 after purchasing an additional 6,552 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Federal Realty Investment Trust by 2.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 37,280 shares of the real estate investment trust’s stock valued at $3,379,000 after purchasing an additional 841 shares during the last quarter. Rafferty Asset Management LLC grew its stake in Federal Realty Investment Trust by 4.8% during the 3rd quarter. Rafferty Asset Management LLC now owns 8,200 shares of the real estate investment trust’s stock valued at $743,000 after purchasing an additional 375 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Federal Realty Investment Trust by 7.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 53,574 shares of the real estate investment trust’s stock valued at $4,855,000 after buying an additional 3,753 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FRT shares. Scotiabank boosted their price objective on Federal Realty Investment Trust from $109.00 to $112.00 and gave the company a “sector outperform” rating in a report on Thursday, May 16th. Truist Financial reduced their price target on Federal Realty Investment Trust from $117.00 to $115.00 and set a “buy” rating for the company in a report on Monday, May 20th. Deutsche Bank Aktiengesellschaft raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their price target for the stock from $109.00 to $110.00 in a report on Monday, April 22nd. Mizuho increased their target price on Federal Realty Investment Trust from $101.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, May 23rd. Finally, Evercore ISI reduced their target price on Federal Realty Investment Trust from $115.00 to $114.00 and set an “outperform” rating for the company in a report on Friday, May 3rd. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average target price of $114.00.

Federal Realty Investment Trust Price Performance

FRT stock opened at $100.99 on Thursday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.69 and a quick ratio of 1.69. The business has a 50 day simple moving average of $101.04 and a 200-day simple moving average of $101.30. The firm has a market capitalization of $8.38 billion, a PE ratio of 35.94, a price-to-earnings-growth ratio of 2.01 and a beta of 1.21. Federal Realty Investment Trust has a 1 year low of $85.59 and a 1 year high of $107.61.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 21st will be given a $1.09 dividend. The ex-dividend date is Friday, June 21st. This represents a $4.36 dividend on an annualized basis and a dividend yield of 4.32%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 155.16%.

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.