First Industrial Realty Trust: Institutional Holdings and Analyst Ratings

O Shaughnessy Asset Management LLC Increases Holdings in First Industrial Realty Trust, Inc. (NYSE:FR)

O Shaughnessy Asset Management LLC has raised its holdings in First Industrial Realty Trust, Inc. (NYSE:FR) by 4.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund now owns 13,600 shares of the real estate investment trust’s stock after acquiring an additional 588 shares during the quarter, with a value of $715,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of First Industrial Realty Trust. State of Michigan Retirement System, Vanderbilt University, Cornercap Investment Counsel Inc., CWM LLC, and Azzad Asset Management Inc. ADV are among the investors who have increased their holdings in the company.

Wall Street analysts have weighed in on the company, with varying price targets and ratings. The average rating for First Industrial Realty Trust is currently “Hold” with an average price target of $53.55.

Shares of First Industrial Realty Trust were trading up 2.0% on Friday, opening at $53.71. The company has a market capitalization of $7.11 billion and a PE ratio of 24.75.

First Industrial Realty Trust recently announced its quarterly earnings, reporting $0.39 EPS for the quarter, missing analysts’ consensus estimates. The company also declared a quarterly dividend of $0.37 per share, with a dividend payout ratio of 68.20%.

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer, and acquirer of logistics properties, providing high-quality facilities and customer service to multinational corporations and regional firms essential for their supply chains.

Overall, First Industrial Realty Trust continues to attract investor interest and remains a key player in the real estate investment trust sector.