Several investment entities have ramped up their positions in Federal Realty Investment Trust (FRT). Gateway Investment Advisers, Tidal Investments, Price T Rowe Associates, and Vident Advisory are among the firms that have increased their shareholdings. The stock has experienced mixed market performance, at times outperforming its competitors and on other occasions underperforming. Notwithstanding, analysts give FRT a moderate buy rating. The company reported favorable Q2 2024 earnings, beating Wall Street estimates for both FFO and revenues. It was also positive about its future outlook as it raised forecast due to sustained leasing demand. In addition, it completed the sale of the Third Street Promenade Portfolio and closed an offering of 3.25% Exchangeable Senior Notes due 2029. Recently, the company hiked its dividends to $1.10 per share and partnered with Fifth Wall. Furthermore, Federal Realty has been identified as a solid Dividend Aristocrat.
Federal Realty Investment Trust FRT News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 11 Aug 2024 15:51:23 GMT - Rating 6 - Innovation -4 - Information 7 - Rumor -3
