Vanderbilt University Grows Stock Holdings in First Industrial Realty Trust, Inc. (NYSE:FR)

Vanderbilt University increased its stake in First Industrial Realty Trust, Inc. (NYSE:FR) by 80.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 103,849 shares of the real estate investment trust’s stock after buying an additional 46,345 shares during the period. First Industrial Realty Trust accounts for about 1.0% of Vanderbilt University’s holdings, making the stock its 16th largest holding. Vanderbilt University owned 0.08% of First Industrial Realty Trust worth $5,206,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of First Industrial Realty Trust during the third quarter valued at approximately $28,000. UMB Bank n.a. boosted its stake in First Industrial Realty Trust by 116.2% during the 3rd quarter. UMB Bank n.a. now owns 867 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 466 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of First Industrial Realty Trust by 201.9% in the 3rd quarter. Blue Trust Inc. now owns 951 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 636 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of First Industrial Realty Trust by 77.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 956 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 417 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of First Industrial Realty Trust by 92.5% in the fourth quarter. Versant Capital Management Inc now owns 1,001 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 481 shares during the last quarter. Hedge funds and other institutional investors own 99.85% of the company’s stock.

First Industrial Realty Trust Trading Up 0.1 %

NYSE:FR opened at $53.79 on Thursday. First Industrial Realty Trust, Inc. has a one year low of $45.10 and a one year high of $57.35. The business has a fifty day moving average price of $51.56 and a 200-day moving average price of $53.49. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 23.09 and a beta of 1.09. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.11 and a quick ratio of 1.11.

First Industrial Realty Trust (NYSE:FR) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.36. First Industrial Realty Trust had a return on equity of 11.53% and a net margin of 47.34%. Sell-side analysts forecast that First Industrial Realty Trust, Inc. will post 2.64 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on FR. Barclays reduced their price objective on First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. KeyCorp upgraded shares of First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of First Industrial Realty Trust in a research report on Tuesday, January 14th. They set a “hold” rating and a $52.00 price objective on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $57.38.

About First Industrial Realty Trust

First Industrial Realty Trust, Inc (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains.