Charles Schwab Investment Management Inc. Buys 42,209 Shares of Federal Realty Investment Trust (NYSE:FRT)

Charles Schwab Investment Management Inc. increased its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,247,915 shares of the real estate investment trust’s stock after buying an additional 42,209 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.50% of Federal Realty Investment Trust worth $143,473,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Massachusetts Financial Services Co. MA grew its holdings in shares of Federal Realty Investment Trust by 4.7% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust’s stock worth $201,355,000 after purchasing an additional 90,395 shares during the last quarter. ProShare Advisors LLC grew its stake in Federal Realty Investment Trust by 2.2% during the second quarter. ProShare Advisors LLC now owns 1,732,026 shares of the real estate investment trust’s stock worth $174,883,000 after buying an additional 36,880 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of 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 buying an additional 8,933 shares in the last quarter. Westwood Holdings Group Inc. increased its holdings in shares of Federal Realty Investment Trust by 571.1% during the second quarter. Westwood Holdings Group Inc. now owns 642,446 shares of the real estate investment trust’s stock worth $64,868,000 after buying an additional 546,711 shares in the last quarter. Finally, Vest Financial LLC raised its stake in shares of Federal Realty Investment Trust by 5.6% in the third quarter. Vest Financial LLC now owns 454,327 shares of the real estate investment trust’s stock valued at $52,234,000 after acquiring an additional 24,276 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Insider Buying and Selling at Federal Realty Investment Trust

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 30,292 shares of Federal Realty Investment Trust stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $116.17, for a total value of $3,519,021.64. Following the sale, the chief executive officer now owns 6,637 shares of the company’s stock, valued at $771,020.29. This trade represents a 82.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

FRT has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on Federal Realty Investment Trust from $121.00 to $122.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Mizuho increased their price objective on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a research report on Monday, August 19th. Truist Financial boosted their target price on Federal Realty Investment Trust from $115.00 to $121.00 and gave the stock a “buy” rating in a research report on Wednesday, August 28th. Compass Point raised their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. Finally, Piper Sandler lifted their price objective on Federal Realty Investment Trust from $122.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and an average price target of $122.85.

Federal Realty Investment Trust Trading Up 0.4 %

NYSE FRT opened at $114.86 on Monday. Federal Realty Investment Trust has a one year low of $91.40 and a one year high of $118.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market cap of $9.53 billion, a P/E ratio of 33.39, a P/E/G ratio of 2.18 and a beta of 1.24. The stock’s 50-day moving average is $113.27 and its 200-day moving average is $109.05.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 3.83%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 127.91%.

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.