BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $9.37 Million Stake in Federal Realty Investment Trust (NYSE:FRT)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Federal Realty Investment Trust (NYSE:FRT) by 14.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 81,935 shares of the real estate investment trust’s stock after purchasing an additional 10,456 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Federal Realty Investment Trust were worth $9,372,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC acquired a new stake in Federal Realty Investment Trust in the 1st quarter valued at approximately $231,000. Price T Rowe Associates Inc. MD grew its stake in shares of Federal Realty Investment Trust by 6.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 309,103 shares of the real estate investment trust’s stock worth $31,567,000 after acquiring an additional 19,453 shares during the last quarter. Kinloch Capital LLC increased its position in Federal Realty Investment Trust by 23.4% during the first quarter. Kinloch Capital LLC now owns 33,847 shares of the real estate investment trust’s stock worth $3,456,000 after acquiring an additional 6,410 shares during the period. Tidal Investments LLC acquired a new position in Federal Realty Investment Trust during the 1st quarter valued at $252,000. Finally, iA Global Asset Management Inc. boosted its holdings in Federal Realty Investment Trust by 19.5% in the 1st quarter. iA Global Asset Management Inc. now owns 2,221 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 362 shares during the period. 93.86% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Donald C. Wood sold 5,937 shares of Federal Realty Investment Trust 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 accessible through the SEC website. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on FRT shares. Piper Sandler boosted their price objective on shares of Federal Realty Investment Trust from $122.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Mizuho boosted their price target on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a research note on Monday, August 19th. Raymond James raised their price objective on Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, August 16th. Evercore ISI boosted their price objective on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Finally, JPMorgan Chase & Co. raised their target price on Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, Federal Realty Investment Trust currently has an average rating of “Moderate Buy” and a consensus target price of $122.85.

Federal Realty Investment Trust Stock Up 0.4 %

Shares of NYSE:FRT opened at $114.86 on Friday. The company’s fifty day moving average is $113.27 and its 200-day moving average is $108.96. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. Federal Realty Investment Trust has a 52 week low of $91.40 and a 52 week high of $118.34. The company has a market capitalization of $9.53 billion, a PE ratio of 33.39, a P/E/G ratio of 2.18 and a beta of 1.24.

Federal Realty Investment Trust Announces Dividend

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

About Federal Realty Investment Trust

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.