Delta Lloyd Asset Management N.V. purchased a new stake in shares of Federal Realty Investment Trust (NYSE:FRT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 98,863 shares of the real estate investment trust’s stock, valued at approximately $12,495,000. Delta Lloyd Asset Management N.V. owned 0.14% of Federal Realty Investment Trust at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. State Treasurer State of Michigan raised its position in shares of Federal Realty Investment Trust by 0.9% in the first quarter. State Treasurer State of Michigan now owns 23,716 shares of the real estate investment trust’s stock valued at $3,166,000 after buying an additional 200 shares during the period. Commerzbank Aktiengesellschaft FI purchased a new position in shares of Federal Realty Investment Trust during the first quarter valued at about $416,000. Wells Fargo & Company MN raised its position in shares of Federal Realty Investment Trust by 26.6% in the first quarter. Wells Fargo & Company MN now owns 321,450 shares of the real estate investment trust’s stock valued at $42,912,000 after buying an additional 67,616 shares during the period. Oregon Public Employees Retirement Fund raised its position in shares of Federal Realty Investment Trust by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 7,531 shares of the real estate investment trust’s stock valued at $1,005,000 after buying an additional 135 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD raised its position in shares of Federal Realty Investment Trust by 1.2% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 9,245 shares of the real estate investment trust’s stock valued at $1,234,000 after buying an additional 107 shares during the period. 93.94% of the stock is owned by institutional investors.

Shares of Federal Realty Investment Trust (NYSE FRT) opened at 126.93 on Friday. The company has a market capitalization of $9.17 billion, a PE ratio of 36.76 and a beta of 0.29. Federal Realty Investment Trust has a 12 month low of $120.50 and a 12 month high of $162.06. The firm’s 50-day moving average is $130.04 and its 200 day moving average is $130.76.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The firm had revenue of $208 million during the quarter, compared to analysts’ expectations of $208.33 million. Federal Realty Investment Trust had a net margin of 30.40% and a return on equity of 10.91%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $1.42 earnings per share. Equities research analysts predict that Federal Realty Investment Trust will post $3.35 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 22nd will be issued a dividend of $1.00 per share. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, September 21st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 113.62%.

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Several brokerages have recently issued reports on FRT. Boenning Scattergood set a $140.00 price target on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a report on Friday, August 4th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $136.00 target price on shares of Federal Realty Investment Trust in a research note on Tuesday, July 25th. BidaskClub raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Bank of America Corporation raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their target price for the stock from $140.00 to $146.00 in a research note on Friday, July 21st. Finally, Evercore ISI lowered shares of Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 target price for the company. in a research note on Monday, August 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $140.43.

In other news, insider Donald C. Wood sold 2,772 shares of Federal Realty Investment Trust stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $133.06, for a total transaction of $368,842.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dawn M. Becker sold 2,281 shares of Federal Realty Investment Trust stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $133.05, for a total transaction of $303,487.05. Following the transaction, the executive vice president now owns 123,744 shares of the company’s stock, valued at $16,464,139.20. The disclosure for this sale can be found here. 1.10% of the stock is owned by company insiders.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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

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