First Industrial Realty Trust, Inc. (FR) Position Raised by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC increased its holdings in First Industrial Realty Trust, Inc. (NYSE:FR) by 4.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 249,139 shares of the real estate investment trust’s stock after buying an additional 10,709 shares during the period. Parametric Portfolio Associates LLC owned 0.21% of First Industrial Realty Trust worth $7,130,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Piermont Capital Management Inc. raised its position in shares of First Industrial Realty Trust by 7.7% in the second quarter. Piermont Capital Management Inc. now owns 29,210 shares of the real estate investment trust’s stock worth $836,000 after buying an additional 2,090 shares in the last quarter. California Public Employees Retirement System raised its position in shares of First Industrial Realty Trust by 4.8% in the second quarter. California Public Employees Retirement System now owns 200,444 shares of the real estate investment trust’s stock worth $5,737,000 after buying an additional 9,100 shares in the last quarter. Northern Trust Corp raised its position in shares of First Industrial Realty Trust by 3.5% in the second quarter. Northern Trust Corp now owns 3,322,800 shares of the real estate investment trust’s stock worth $95,098,000 after buying an additional 112,948 shares in the last quarter. Citigroup Inc. raised its position in shares of First Industrial Realty Trust by 60.5% in the second quarter. Citigroup Inc. now owns 91,351 shares of the real estate investment trust’s stock worth $2,614,000 after buying an additional 34,441 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of First Industrial Realty Trust in the second quarter worth $491,000. Institutional investors own 92.00% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “First Industrial Realty Trust, Inc. (FR) Position Raised by Parametric Portfolio Associates LLC” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://ledgergazette.com/2017/10/19/first-industrial-realty-trust-inc-fr-position-raised-by-parametric-portfolio-associates-llc.html.

A number of equities research analysts recently issued reports on FR shares. Janney Montgomery Scott started coverage on First Industrial Realty Trust in a research report on Friday, September 29th. They issued a “buy” rating and a $34.00 price objective on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $33.00 price objective on shares of First Industrial Realty Trust in a research report on Friday, July 28th. BidaskClub upgraded First Industrial Realty Trust from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. KeyCorp reiterated a “hold” rating on shares of First Industrial Realty Trust in a research report on Friday, August 25th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $32.00 price objective (up previously from $30.00) on shares of First Industrial Realty Trust in a research report on Thursday, August 24th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. First Industrial Realty Trust presently has a consensus rating of “Hold” and an average price target of $31.00.

In other First Industrial Realty Trust news, Director Bruce W. Duncan sold 15,146 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $30.15, for a total value of $456,651.90. Following the sale, the director now owns 934,385 shares in the company, valued at approximately $28,171,707.75. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Scott A. Musil sold 20,000 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $30.22, for a total transaction of $604,400.00. Following the completion of the sale, the chief financial officer now owns 107,273 shares in the company, valued at approximately $3,241,790.06. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,988 shares of company stock worth $3,090,138. Corporate insiders own 1.71% of the company’s stock.

First Industrial Realty Trust, Inc. (NYSE:FR) opened at 31.17 on Thursday. The company has a 50-day moving average price of $30.96 and a 200-day moving average price of $29.51. First Industrial Realty Trust, Inc. has a 1-year low of $24.85 and a 1-year high of $31.83. The company has a market cap of $3.74 billion, a PE ratio of 31.74 and a beta of 1.00.

First Industrial Realty Trust (NYSE:FR) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.32 EPS for the quarter, topping the consensus estimate of $0.14 by $0.18. The business had revenue of $97.60 million for the quarter, compared to analysts’ expectations of $97.62 million. First Industrial Realty Trust had a net margin of 29.91% and a return on equity of 8.88%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.36 EPS. On average, analysts expect that First Industrial Realty Trust, Inc. will post $0.83 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.69%. The ex-dividend date was Thursday, September 28th. First Industrial Realty Trust’s payout rat

Several other hedge funds have also modified their holdings of the stock. Piermont Capital Management Inc. raised its position in shares of First Industrial Realty Trust by 7.7% in the second quarter. Piermont Capital Management Inc. now owns 29,210 shares of the real estate investment trust’s stock worth $836,000 after buying an additional 2,090 shares in the last quarter. California Public Employees Retirement System raised its position in shares of First Industrial Realty Trust by 4.8% in the second quarter. California Public Employees Retirement System now owns 200,444 shares of the real estate investment trust’s stock worth $5,737,000 after buying an additional 9,100 shares in the last quarter. Northern Trust Corp raised its position in shares of First Industrial Realty Trust by 3.5% in the second quarter. Northern Trust Corp now owns 3,322,800 shares of the real estate investment trust’s stock worth $95,098,000 after buying an additional 112,948 shares in the last quarter. Citigroup Inc. raised its position in shares of First Industrial Realty Trust by 60.5% in the second quarter. Citigroup Inc. now owns 91,351 shares of the real estate investment trust’s stock worth $2,614,000 after buying an additional 34,441 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of First Industrial Realty Trust in the second quarter worth $491,000. Institutional investors own 92.00% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “First Industrial Realty Trust, Inc. (FR) Position Raised by Parametric Portfolio Associates LLC” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://ledgergazette.com/2017/10/19/first-industrial-realty-trust-inc-fr-position-raised-by-parametric-portfolio-associates-llc.html.

A number of equities research analysts recently issued reports on FR shares. Janney Montgomery Scott started coverage on First Industrial Realty Trust in a research report on Friday, September 29th. They issued a “buy” rating and a $34.00 price objective on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $33.00 price objective on shares of First Industrial Realty Trust in a research report on Friday, July 28th. BidaskClub upgraded First Industrial Realty Trust from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. KeyCorp reiterated a “hold” rating on shares of First Industrial Realty Trust in a research report on Friday, August 25th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $32.00 price objective (up previously from $30.00) on shares of First Industrial Realty Trust in a research report on Thursday, August 24th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. First Industrial Realty Trust presently has a consensus rating of “Hold” and an average price target of $31.00.

In other First Industrial Realty Trust news, Director Bruce W. Duncan sold 15,146 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $30.15, for a total value of $456,651.90. Following the sale, the director now owns 934,385 shares in the company, valued at approximately $28,171,707.75. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Scott A. Musil sold 20,000 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $30.22, for a total transaction of $604,400.00. Following the completion of the sale, the chief financial officer now owns 107,273 shares in the company, valued at approximately $3,241,790.06. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,988 shares of company stock worth $3,090,138. Corporate insiders own 1.71% of the company’s stock.

First Industrial Realty Trust, Inc. (NYSE:FR) opened at 31.17 on Thursday. The company has a 50-day moving average price of $30.96 and a 200-day moving average price of $29.51. First Industrial Realty Trust, Inc. has a 1-year low of $24.85 and a 1-year high of $31.83. The company has a market cap of $3.74 billion, a PE ratio of 31.74 and a beta of 1.00.

First Industrial Realty Trust (NYSE:FR) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.32 EPS for the quarter, topping the consensus estimate of $0.14 by $0.18. The business had revenue of $97.60 million for the quarter, compared to analysts’ expectations of $97.62 million. First Industrial Realty Trust had a net margin of 29.91% and a return on equity of 8.88%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.36 EPS. On average, analysts expect that First Industrial Realty Trust, Inc. will post $0.83 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.69%. The ex-dividend date was Thursday, September 28th. First Industrial Realty Trust’s payout ratio is currently 85.71%.

First Industrial Realty Trust Company Profile

First Industrial Realty Trust, Inc is a real estate investment trust (REIT). The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. As of December 31, 2016, the Company’s in-service portfolio consisted of 215 light industrial properties, 53 research and development (R&D)/flex properties, 167 bulk warehouse properties and 100 regional warehouse properties containing an aggregate of approximately 62.2 million square feet of gross leasable area (GLA) located in 23 states.

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Institutional Ownership by Quarter for First Industrial Realty Trust (NYSE:FR)

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