First Industrial Realty Trust, Inc. (FR) Shares Bought by Citadel Advisors LLC

Citadel Advisors LLC increased its holdings in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 149.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,188,022 shares of the real estate investment trust’s stock after buying an additional 712,517 shares during the quarter. Citadel Advisors LLC’s holdings in First Industrial Realty Trust were worth $37,387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FR. Raymond James Financial Services Advisors Inc. acquired a new stake in First Industrial Realty Trust during the third quarter valued at $213,000. Lourd Capital LLC acquired a new stake in First Industrial Realty Trust during the fourth quarter valued at $244,000. First Capital Advisors Group LLC. acquired a new stake in First Industrial Realty Trust during the third quarter valued at $307,000. Clarus Wealth Advisors acquired a new stake in First Industrial Realty Trust during the fourth quarter valued at $370,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in First Industrial Realty Trust during the third quarter valued at $396,000. 93.47% of the stock is owned by hedge funds and other institutional investors.

In other First Industrial Realty Trust news, Director Bruce W. Duncan sold 16,854 shares of the business’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $32.42, for a total value of $546,406.68. Following the completion of the sale, the director now owns 866,966 shares of the company’s stock, valued at $28,107,037.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.71% of the stock is owned by insiders.

A number of analysts recently issued reports on FR shares. JPMorgan Chase & Co. cut First Industrial Realty Trust from a “neutral” rating to an “underweight” rating and set a $31.00 price objective for the company. in a research report on Friday, December 15th. Robert W. Baird reissued a “hold” rating and set a $31.00 price objective on shares of First Industrial Realty Trust in a research report on Tuesday, January 9th. Jefferies Group reissued a “hold” rating and set a $34.00 price objective on shares of First Industrial Realty Trust in a research report on Friday, November 24th. SunTrust Banks reissued a “buy” rating and set a $34.00 price objective on shares of First Industrial Realty Trust in a research report on Friday, November 10th. Finally, ValuEngine raised First Industrial Realty Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $32.29.

Shares of First Industrial Realty Trust, Inc. (NYSE FR) opened at $28.96 on Monday. First Industrial Realty Trust, Inc. has a 12-month low of $25.56 and a 12-month high of $32.91. The firm has a market capitalization of $3,470.77, a PE ratio of 27.07 and a beta of 0.90. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.81 and a quick ratio of 0.81.

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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.

Want to see what other hedge funds are holding FR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Industrial Realty Trust, Inc. (NYSE:FR).

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

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First Industrial Realty Trust, Inc. (FR) Shares Bought by Citadel Advisors LLC

Citadel Advisors LLC grew its position in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 149.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,188,022 shares of the real estate investment trust’s stock after purchasing an additional 712,517 shares during the quarter. Citadel Advisors LLC owned 0.99% of First Industrial Realty Trust worth $37,387,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of FR. Dimensional Fund Advisors LP increased its position in shares of First Industrial Realty Trust by 3.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,668,832 shares of the real estate investment trust’s stock valued at $47,762,000 after purchasing an additional 56,330 shares during the period. Cornerstone Capital Management Holdings LLC. acquired a new position in shares of First Industrial Realty Trust during the 2nd quarter valued at $1,611,000. The Manufacturers Life Insurance Company grew its holdings in shares of First Industrial Realty Trust by 1.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 258,793 shares of the real estate investment trust’s stock worth $7,406,000 after acquiring an additional 2,757 shares during the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of First Industrial Realty Trust by 2.9% in the 3rd quarter. Mutual of America Capital Management LLC now owns 98,171 shares of the real estate investment trust’s stock worth $2,954,000 after acquiring an additional 2,744 shares during the last quarter. Finally, Aperio Group LLC grew its holdings in shares of First Industrial Realty Trust by 11.0% in the 3rd quarter. Aperio Group LLC now owns 44,076 shares of the real estate investment trust’s stock worth $1,326,000 after acquiring an additional 4,364 shares during the last quarter. Institutional investors own 93.47% of the company’s stock.

In other news, Director Bruce W. Duncan sold 16,854 shares of First Industrial Realty Trust stock in a transaction on Friday, December 8th. The stock was sold at an average price of $32.42, for a total transaction of $546,406.68. Following the transaction, the director now owns 866,966 shares in the company, valued at $28,107,037.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.71% of the company’s stock.

First Industrial Realty Trust, Inc. (NYSE:FR) opened at $28.96 on Monday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $3,470.77, a price-to-earnings ratio of 27.07 and a beta of 0.90. First Industrial Realty Trust, Inc. has a 1-year low of $25.56 and a 1-year high of $32.91.

FR has been the topic of a number of recent research reports. SunTrust Banks restated a “buy” rating and issued a $32.00 target price on shares of First Industrial Realty Trust in a report on Friday, October 27th. Stifel Nicolaus lifted their target price on First Industrial Realty Trust from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, November 6th. JPMorgan Chase & Co. cut First Industrial Realty Trust from a “neutral” rating to an “underweight” rating and set a $31.00 target price on the stock. in a report on Friday, December 15th. ValuEngine cut First Industrial Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. Finally, KeyCorp restated a “hold” rating on shares of First Industrial Realty Trust in a report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $32.29.

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About First Industrial Realty Trust

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.

Want to see what other hedge funds are holding FR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Industrial Realty Trust, Inc. (NYSE:FR).

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

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