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Wealthfront buys $3.51M in First Industrial Realty, company exceeds earnings estimates, raises dividend.
Wealthfront Advisers LLC invested $3.51 million in First Industrial Realty Trust (FR), purchasing 70,010 shares.
FR's stock opened at $54.28, with a market cap of $7.19 billion.
The company reported EPS of $0.71, exceeding estimates, and announced a quarterly dividend of $0.445, increasing the yield to 3.28%.
Analysts at Goldman Sachs and KeyCorp upgraded FR's rating, with a consensus price target of $58.31 and a "Moderate Buy" rating.
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El frente de riqueza compra $3.51M en First Industrial Realty, la compañía supera las estimaciones de ganancias, aumenta los dividendos.