FR Stock Fair Value Calculation – Natixis Advisors LLC reduces stake in First Industrial Realty Trust by 12.8% in 2nd quarter

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First Industrial Realty ($NYSE:FR) Trust, Inc. is a real estate investment trust (REIT) that specializes in industrial properties across the United States. As the demand for modern and efficient industrial spaces continues to grow, First Industrial is well-positioned to capitalize on this trend. One way in which investors track the movements of institutional investors in a company’s stock is through 13F filings, which are required by the Securities and Exchange Commission (SEC) for all institutional investment managers with assets above a certain threshold. These filings provide valuable insight into the buying and selling activities of large investors, such as Natixis Advisors LLC. According to recent 13F filings, Natixis Advisors LLC reduced its stake in First Industrial Realty Trust by 12.8% during the 2nd quarter. This means that the investment firm sold off a portion of its shares in the company during this time period. While the exact reason for this move is unclear, it could be due to a variety of factors such as changing market conditions or a shift in investment strategy. In fact, First Industrial’s net income and funds from operations have both shown steady growth over the past few years.

In addition, First Industrial has continued to expand its presence through acquisitions and developments, further solidifying its position as a top player in the industrial real estate market. This, coupled with its strong balance sheet and ability to generate consistent rental income from its properties, makes it an attractive investment opportunity for both institutional and individual investors. With a solid track record and a promising future in the rapidly growing industrial real estate sector, First Industrial continues to be a noteworthy stock to watch.

Analysis – FR Stock Fair Value Calculation

Hello everyone, GoodWhale here. We recently conducted an analysis of FIRST INDUSTRIAL REALTY TRUST’s overall health and have some key points to share with you all. After careful consideration, we have determined that the fair value of FIRST INDUSTRIAL REALTY TRUST share is approximately $59.6. This calculation was based on our proprietary Valuation Line, which takes into account various factors such as financial performance, market trends, and potential growth opportunities. Currently, FIRST INDUSTRIAL REALTY TRUST stock is trading at $55.6, which means it is undervalued by 6.8% according to our analysis. This presents a potential buying opportunity for investors, as the market price does not accurately reflect the true value of the company. We believe that FIRST INDUSTRIAL REALTY TRUST has strong fundamentals and a promising future. By investing at the current price, investors have the potential to see significant returns in the long run as the stock reaches its fair value. Overall, we highly recommend considering FIRST INDUSTRIAL REALTY TRUST as a valuable addition to your investment portfolio. As always, it is important to conduct your own research and consult with a financial advisor before making any investment decisions. That being said, we are confident in the potential of FIRST INDUSTRIAL REALTY TRUST and will continue to monitor its progress closely. Thank you for tuning in, and happy investing! More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for FR. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for FR. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for FR. More…

Key Ratios Snapshot

Some of the financial key ratios for FR are shown below. More…

Peers

First Industrial‘s competitors include LXP Industrial Trust, Prologis Inc, and Stag Industrial Inc.

– LXP Industrial Trust ($NYSE:LXP)

LXP Industrial Trust is a real estate investment trust that owns, operates, and leases a portfolio of approximately 50 industrial properties in the United States. The company’s properties are located in major markets across the country, including Los Angeles, Chicago, Dallas, Houston, and Atlanta. LXP Industrial Trust is publicly traded on the New York Stock Exchange under the ticker symbol “LXP.”

– Prologis Inc ($NYSE:PLD)

Prologis Inc is a real estate investment trust (REIT) that owns, operates, and develops warehouses and distribution centers. As of December 31, 2020, the company owned or had investments in 3,813 properties in 19 countries.

The company’s market capitalization is $94.6 billion as of 2022. Prologis Inc is one of the largest REITs in the world and is the largest owner, operator, and developer of warehouses and distribution centers.

– Stag Industrial Inc ($NYSE:STAG)

Stag Industrial Inc is a publicly traded real estate investment trust focused on the acquisition, ownership, and operation of single-tenant industrial properties across the United States. The company’s portfolio includes over 170 properties in 33 states, totaling over 26 million square feet of leasable space.

Summary

Natixis Advisors LLC decreased their stake in First Industrial Realty Trust, Inc. by 12.8% during the 2nd quarter. This investment analysis suggests that Natixis Advisors LLC has lost confidence in the stock and has reduced their position in the company. This may be due to a variety of factors, such as changes in the market or company performance.

Investors should take note of this decrease in holdings and consider the potential impact on the stock’s value. Further research and analysis may be necessary to fully understand the reasoning behind this decision and its potential implications for First Industrial Realty Trust, Inc. as an investment opportunity.