State Teachers Retirement System of California has been selling Federal Realty Investment Trust (FRT) shares, while Westwood Holdings Group Inc. has increased its stake by $8.28 million. Despite occasional underperformance, FRT’s stock has seen notable competitiveness, especially in comparison to others in the industry. The third Street Promenade Portfolio sale has concluded. During the mentioned period, newly established investments in FRT were made by 1832 Asset Management L.P. and CWA Asset Management Group LLC. Additionally, FRT announced its Q1 and Q2 2024 operating results, with many observers discussing it as a potential top real estate dividend aristocrat stock or high dividend REIT stock to consider. In collaboration with Fifth Wall, FRT purchased the Virginia Gateway retail center for $215M in addition to selling a 110-acre property for the same price in Northern Virginia. Additionally, FRT’s 2023 Sustainability Report and mixed results amidst economic headwinds were noteworthy. Despite some short-term fluctuations, FRT’s stock showed overall growth and outperformance against its competitors on several strong trading days.
Federal Realty Investment Trust FRT News Analytics from Fri, 01 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 16:14:01 GMT - Rating 3 - Innovation 0 - Information 8 - Rumor 4
