Federal Realty Investment Trust (NYSE:FRT) Raised to Hold at StockNews.com

StockNews.com upgraded shares of Federal Realty Investment Trust (NYSE:FRT) from a sell rating to a hold rating in a report published on Tuesday.

Other equities analysts have also issued reports about the company. Scotiabank increased their price target on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their target price for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Evercore ISI boosted their price target on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Compass Point upped their price target on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. Finally, Citigroup raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $120.00 to $135.00 in a research note on Friday, September 13th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $123.62.

Federal Realty Investment Trust Trading Down 2.7 %

Federal Realty Investment Trust stock opened at $108.95 on Tuesday. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market capitalization of $9.04 billion, a PE ratio of 31.67, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. The firm has a 50 day simple moving average of $113.27 and a 200-day simple moving average of $111.45.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 127.91%.

Institutional Investors Weigh In On Federal Realty Investment Trust

Hedge funds have recently bought and sold shares of the business. NBC Securities Inc. increased its holdings in shares of Federal Realty Investment Trust by 81.7% in the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 107 shares during the period. CWM LLC lifted its position in Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock worth $129,000 after buying an additional 110 shares in the last quarter. PFG Investments LLC boosted its stake in shares of Federal Realty Investment Trust by 2.0% during the 2nd quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust’s stock valued at $625,000 after buying an additional 124 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Federal Realty Investment Trust by 2.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust’s stock valued at $535,000 after acquiring an additional 143 shares in the last quarter. Finally, M&T Bank Corp increased its stake in shares of Federal Realty Investment Trust by 1.5% in the third quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust’s stock worth $1,123,000 after acquiring an additional 149 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.