PNC Financial Services Group Inc. has sold 6415 shares of
Federal Realty Investment Trust (FRT). Despite occasional underperformance compared to competitors and daily losses, FRT has announced its Q2 2024 Earnings Release Date and Conference Call.
Robeco Institutional Asset Management and various others have bought a significant number of shares. The increased
price target to $104.00 by Mizuho signifies confidence in the company's growth. The trust announced its Q1 2024
Operating Results and plans to upsize the pricing of $425 million of
Exchangeable Senior Notes. Meanwhile, it dealt with
economic headwinds and released its
tax status of 2023 Distributions, yet managed to outperform some competitors on strong trading days. Despite a dip and a slight miss on EPS in Q1 2024 Earnings, there has been
strong occupancy and performance. Federal Realty also partnered with
Fifth Wall. Analysts maintain a perspective of the FRT as a moderate buy, amid
lower FFO estimates and favourable dividend analysis. A severe
investment trend appears to rise, with companies and systems investing in Federal Realty despite the slight dip in the recent earnings report.
Federal Realty Investment Trust FRT News Analytics from Mon, 10 Apr 2023 07:00:00 GMT to Sun, 26 May 2024 14:40:35 GMT -
Rating 2
- Innovation -5
- Information 7
- Rumor -3
