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Federal Realty Investment Trust (NYSE:FRT) Shares Acquired by Securian Asset Management Inc.

Securian Asset Management Inc. lifted its holdings in shares of Federal Realty Investment Trust (NYSE:FRTGet Rating) by 79.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,940 shares of the real estate investment trust’s stock after purchasing an additional 2,633 shares during the quarter. Securian Asset Management Inc.’s holdings in Federal Realty Investment Trust were worth $535,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. US Bancorp DE raised its position in shares of Federal Realty Investment Trust by 19.3% in the 3rd quarter. US Bancorp DE now owns 5,441 shares of the real estate investment trust’s stock worth $490,000 after buying an additional 880 shares during the period. Prospera Financial Services Inc raised its position in shares of Federal Realty Investment Trust by 153.8% in the 3rd quarter. Prospera Financial Services Inc now owns 4,348 shares of the real estate investment trust’s stock worth $392,000 after buying an additional 2,635 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Federal Realty Investment Trust by 15.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 90,000 shares of the real estate investment trust’s stock worth $8,111,000 after buying an additional 11,957 shares during the period. Strs Ohio raised its position in shares of Federal Realty Investment Trust by 7.7% in the 3rd quarter. Strs Ohio now owns 103,695 shares of the real estate investment trust’s stock worth $9,344,000 after buying an additional 7,379 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in Federal Realty Investment Trust by 1.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 10,826 shares of the real estate investment trust’s stock worth $975,000 after buying an additional 119 shares during the period. Institutional investors and hedge funds own 86.20% of the company’s stock.

Federal Realty Investment Trust Stock Up 2.4 %

Shares of NYSE:FRT opened at $109.59 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.55. The company has a fifty day simple moving average of $105.60 and a 200 day simple moving average of $101.53. The firm has a market cap of $8.90 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.14. Federal Realty Investment Trust has a 12-month low of $86.43 and a 12-month high of $137.17.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Tuesday, January 3rd will be paid a $1.08 dividend. The ex-dividend date of this dividend is Friday, December 30th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.94%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 91.72%.

Analyst Ratings Changes

Several research firms have recently issued reports on FRT. Raymond James dropped their price objective on shares of Federal Realty Investment Trust from $130.00 to $120.00 and set a “strong-buy” rating for the company in a research report on Wednesday, January 4th. JPMorgan Chase & Co. lowered Federal Realty Investment Trust from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $118.00 to $115.00 in a research report on Friday, December 16th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Tuesday. Piper Sandler lowered shares of Federal Realty Investment Trust from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $115.00 to $112.00 in a research note on Thursday, December 15th. Finally, Evercore ISI dropped their price objective on shares of Federal Realty Investment Trust to $104.00 in a research note on Thursday, October 20th. Eight research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.00.

Federal Realty Investment Trust Profile

(Get Rating)

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.

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Want to see what other hedge funds are holding FRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Realty Investment Trust (NYSE:FRTGet Rating).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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