First Industrial Realty Trust, Inc. (FR) Position Boosted by Dupont Capital Management Corp

Dupont Capital Management Corp boosted its position in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 172.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,381 shares of the real estate investment trust’s stock after acquiring an additional 85,617 shares during the period. Dupont Capital Management Corp owned 0.11% of First Industrial Realty Trust worth $3,907,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. grew its stake in First Industrial Realty Trust by 1.5% in the 3rd quarter. BlackRock Inc. now owns 18,969,360 shares of the real estate investment trust’s stock worth $595,639,000 after buying an additional 274,196 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of First Industrial Realty Trust by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 18,681,684 shares of the real estate investment trust’s stock valued at $586,605,000 after purchasing an additional 215,720 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of First Industrial Realty Trust by 1.2% in the 3rd quarter. Vanguard Group Inc now owns 18,681,684 shares of the real estate investment trust’s stock valued at $586,605,000 after purchasing an additional 215,720 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of First Industrial Realty Trust by 8.8% in the 3rd quarter. Renaissance Technologies LLC now owns 3,386,000 shares of the real estate investment trust’s stock valued at $106,320,000 after purchasing an additional 273,500 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of First Industrial Realty Trust by 7.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,450,435 shares of the real estate investment trust’s stock valued at $81,697,000 after purchasing an additional 161,037 shares in the last quarter. 91.44% of the stock is owned by institutional investors.

In related news, Director Bruce W. Duncan sold 90,000 shares of the company’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $32.24, for a total transaction of $2,901,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.59% of the company’s stock.

NYSE:FR opened at $33.10 on Wednesday. First Industrial Realty Trust, Inc. has a 52 week low of $27.30 and a 52 week high of $34.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a market cap of $4.17 billion, a P/E ratio of 20.92 and a beta of 0.81.

FR has been the subject of a number of research reports. Zacks Investment Research raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research note on Monday, January 28th. BMO Capital Markets reaffirmed an “average” rating and issued a $8.50 price objective on shares of First Industrial Realty Trust in a research note on Monday, December 17th. ValuEngine raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, October 26th. JPMorgan Chase & Co. raised shares of First Industrial Realty Trust from an “underweight” rating to a “neutral” rating in a research note on Wednesday, December 19th. Finally, Raymond James cut shares of First Industrial Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 8th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $30.79.

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First Industrial Realty Trust Company Profile

First Industrial Realty Trust, Inc (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types.

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

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