Sumitomo Mitsui Trust Group holds a $16.27M stake in FRT, as CEO sells 82.03% of his shares.

Sumitomo Mitsui Trust Group Inc. has a $16.27 million stake in Federal Realty Investment Trust (FRT), owning 0.17% of the company. CEO Donald C. Wood recently sold shares, reducing his ownership by 82.03%. FRT has a "Moderate Buy" consensus rating and a target price of $122.85. It also announced a quarterly dividend of $1.10, with a 3.88% yield. Institutional investors hold 93.86% of FRT's stock.

November 18, 2024
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