JB Capital LLC Increases Position in Federal Realty Investment Trust (NYSE:FRT)

JB Capital LLC lifted its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 8.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,798 shares of the real estate investment trust’s stock after purchasing an additional 1,238 shares during the period. JB Capital LLC’s holdings in Federal Realty Investment Trust were worth $1,769,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in Federal Realty Investment Trust by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after buying an additional 168,885 shares during the last quarter. Geode Capital Management LLC lifted its stake in Federal Realty Investment Trust by 0.4% during the third quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock worth $224,565,000 after purchasing an additional 7,160 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Federal Realty Investment Trust by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,247,915 shares of the real estate investment trust’s stock valued at $143,473,000 after purchasing an additional 42,209 shares in the last quarter. Janus Henderson Group PLC increased its stake in Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after purchasing an additional 572,008 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Federal Realty Investment Trust by 456.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust’s stock worth $69,544,000 after purchasing an additional 496,129 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their target price for the company from $122.00 to $125.00 in a report on Friday, December 20th. Scotiabank upped their price objective on shares of 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. Wells Fargo & Company cut their target price on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. Finally, StockNews.com downgraded Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $124.17.

Federal Realty Investment Trust Stock Up 0.3 %

Shares of NYSE:FRT opened at $108.65 on Monday. The company has a market cap of $9.01 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 2.00 and a beta of 1.24. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The firm’s 50-day simple moving average is $110.20 and its 200-day simple moving average is $112.15. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.