Federal Realty Investment TrustFRT
Market Cap: $9.66B
About: Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 102 properties, which includes 26.0 million square feet of retail space and over 3,100 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.
Employees: 322
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
112% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $8.75M
18% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 40
11% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 151
7.25% more ownership
Funds ownership: 88.0% [Q1] → 95.25% (+7.25%) [Q2]
7% more capital invested
Capital invested by funds: $7.46B [Q1] → $7.98B (+$515M) [Q2]
2% more funds holding
Funds holding: 436 [Q1] → 443 (+7) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Truist Securities Ki Bin Kim 70% 1-year accuracy 28 / 40 met price target | 5%upside $121 | Buy Maintained | 28 Aug 2024 |
Evercore ISI Group Steve Sakwa 66% 1-year accuracy 31 / 47 met price target | 4%upside $120 | Outperform Maintained | 28 Aug 2024 |
Wells Fargo Dori Kesten 61% 1-year accuracy 14 / 23 met price target | 6%upside $122 | Overweight Maintained | 28 Aug 2024 |
Scotiabank Nicholas Yulico 68% 1-year accuracy 15 / 22 met price target | 4%upside $120 | Sector Outperform Maintained | 26 Aug 2024 |
Mizuho Vikram Malhorta 95% 1-year accuracy 19 / 20 met price target | 0%upside $116 | Neutral Maintained | 19 Aug 2024 |
Financial journalist opinion
Based on 11 articles about FRT published over the past 30 days