Creative Financial Designs Inc. ADV Has $717,000 Stake in Federal Realty Investment Trust (NYSE:FRT)

Creative Financial Designs Inc. ADV raised its position in Federal Realty Investment Trust (NYSE:FRT) by 7.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 6,240 shares of the real estate investment trust’s stock after purchasing an additional 426 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Federal Realty Investment Trust were worth $717,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. NBC Securities Inc. lifted its position in Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 107 shares during the period. CWM LLC lifted its holdings in Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 110 shares in the last quarter. PFG Investments LLC lifted its position in Federal Realty Investment Trust by 2.0% during the second quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust’s stock valued at $625,000 after acquiring an additional 124 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Federal Realty Investment Trust by 2.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust’s stock valued at $535,000 after acquiring an additional 143 shares during the last quarter. Finally, V Square Quantitative Management LLC increased its stake in Federal Realty Investment Trust by 9.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 2,289 shares of the real estate investment trust’s stock valued at $263,000 after purchasing an additional 189 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

Insider Activity

In other news, CEO Donald C. Wood sold 30,292 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $116.17, for a total transaction of $3,519,021.64. Following the transaction, the chief executive officer now directly owns 6,637 shares in the company, valued at approximately $771,020.29. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $116.47, for a total value of $691,482.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Donald C. Wood sold 30,292 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $116.17, for a total transaction of $3,519,021.64. Following the sale, the chief executive officer now directly owns 6,637 shares in the company, valued at $771,020.29. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on FRT. Truist Financial increased their price target 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. Compass Point lifted their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. Wells Fargo & Company lifted their price target on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Mizuho boosted their price objective on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a “neutral” rating in a research report on Monday, August 19th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Federal Realty Investment Trust from $112.00 to $121.00 and gave the company a “neutral” rating in a research note on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $122.77.

Federal Realty Investment Trust Trading Down 0.4 %

NYSE:FRT opened at $110.43 on Friday. Federal Realty Investment Trust has a twelve month low of $90.70 and a twelve month high of $118.34. The business has a 50 day moving average price of $113.88 and a two-hundred day moving average price of $107.72. The company has a quick ratio of 1.74, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The company has a market cap of $9.16 billion, a P/E ratio of 32.10, a price-to-earnings-growth ratio of 2.09 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.36). The firm had revenue of $295.80 million during the quarter, compared to analysts’ expectations of $293.61 million. Federal Realty Investment Trust had a return on equity of 10.01% and a net margin of 24.67%. Federal Realty Investment Trust’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 earnings per share. As a group, analysts expect that Federal Realty Investment Trust will post 6.81 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 127.91%.

Federal Realty Investment Trust 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.