1,462 Shares in Federal Realty Investment Trust (NYSE:FRT) Purchased by Mather Group LLC.

Mather Group LLC. bought a new position in shares of Federal Realty Investment Trust (NYSE:FRT) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,462 shares of the real estate investment trust’s stock, valued at approximately $151,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. raised its holdings in Federal Realty Investment Trust by 20.3% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 574 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 97 shares in the last quarter. State of Michigan Retirement System increased its position in Federal Realty Investment Trust by 0.5% during the fourth quarter. State of Michigan Retirement System now owns 20,162 shares of the real estate investment trust’s stock worth $2,078,000 after buying an additional 100 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Federal Realty Investment Trust by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 36,527 shares of the real estate investment trust’s stock worth $3,310,000 after buying an additional 130 shares during the last quarter. GAMMA Investing LLC increased its position in Federal Realty Investment Trust by 7.6% during the first quarter. GAMMA Investing LLC now owns 1,837 shares of the real estate investment trust’s stock worth $188,000 after buying an additional 130 shares during the last quarter. Finally, Mariner LLC increased its position in Federal Realty Investment Trust by 2.2% during the third quarter. Mariner LLC now owns 6,264 shares of the real estate investment trust’s stock worth $568,000 after buying an additional 134 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Up 0.0 %

Shares of FRT stock opened at $101.02 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.59. The stock has a market cap of $8.38 billion, a P/E ratio of 35.95, a price-to-earnings-growth ratio of 2.02 and a beta of 1.21. The stock has a 50 day simple moving average of $101.06 and a 200 day simple moving average of $101.30. 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. Investors of record on Friday, June 21st will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Friday, June 21st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 155.16%.

Analyst Ratings Changes

A number of brokerages have weighed in on FRT. Bank of America boosted their price target on Federal Realty Investment Trust from $118.00 to $124.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Wells Fargo & Company boosted their price target on Federal Realty Investment Trust from $112.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 28th. Truist Financial lowered their price target on Federal Realty Investment Trust from $117.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, May 20th. Evercore ISI decreased their target price on Federal Realty Investment Trust from $115.00 to $114.00 and set an “outperform” rating on the stock in a research report on Friday, May 3rd. Finally, Scotiabank upped their target price on Federal Realty Investment Trust from $109.00 to $112.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 16th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $114.00.

Federal Realty Investment Trust Company 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.