Federal Realty Investment Trust (NYSE:FRT) Shares Sold by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. lessened its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,369 shares of the real estate investment trust’s stock after selling 894 shares during the quarter. Blackhawk Capital Partners LLC.’s holdings in Federal Realty Investment Trust were worth $1,767,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its position in Federal Realty Investment Trust by 4.7% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust’s stock valued at $201,355,000 after purchasing an additional 90,395 shares during the period. ProShare Advisors LLC boosted its stake in shares of Federal Realty Investment Trust by 2.2% in the second quarter. ProShare Advisors LLC now owns 1,732,026 shares of the real estate investment trust’s stock valued at $174,883,000 after buying an additional 36,880 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Federal Realty Investment Trust by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,138,967 shares of the real estate investment trust’s stock worth $115,000,000 after acquiring an additional 8,933 shares during the period. Westwood Holdings Group Inc. lifted its holdings in Federal Realty Investment Trust by 571.1% in the second quarter. Westwood Holdings Group Inc. now owns 642,446 shares of the real estate investment trust’s stock valued at $64,868,000 after acquiring an additional 546,711 shares during the period. Finally, Vest Financial LLC boosted its position in shares of Federal Realty Investment Trust by 5.6% during the 3rd quarter. Vest Financial LLC now owns 454,327 shares of the real estate investment trust’s stock worth $52,234,000 after purchasing an additional 24,276 shares in the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on FRT shares. Truist Financial boosted their price objective on shares of Federal Realty Investment Trust from $115.00 to $121.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Evercore ISI upped their price target on Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Piper Sandler upped their target price on Federal Realty Investment Trust from $122.00 to $135.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Compass Point lifted their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Finally, Wells Fargo & Company increased their price objective on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $122.85.

Federal Realty Investment Trust Stock Down 0.1 %

FRT stock opened at $113.13 on Thursday. The company has a 50 day moving average price of $113.36 and a two-hundred day moving average price of $108.83. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market capitalization of $9.38 billion, a P/E ratio of 32.89, a PEG ratio of 2.15 and a beta of 1.24. Federal Realty Investment Trust has a one year low of $90.84 and a one year high of $118.34.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 3.89%. The ex-dividend date is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 127.91%.

Insider Activity

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $116.47, for a total transaction of $691,482.39. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.00% of the company’s stock.

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.