Global X Japan Co. Ltd. Raises Position in Federal Realty Investment Trust (NYSE:FRT)

Global X Japan Co. Ltd. lifted its position in Federal Realty Investment Trust (NYSE:FRT) by 16.1% in the 4th quarter, Holdings Channel reports. The fund owned 4,566 shares of the real estate investment trust’s stock after acquiring an additional 632 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Federal Realty Investment Trust were worth $511,000 as of its most recent SEC filing.

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

Federal Realty Investment Trust Price Performance

Shares of FRT opened at $110.62 on Friday. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The company has a 50 day moving average price of $109.74 and a 200-day moving average price of $112.11. The stock has a market capitalization of $9.18 billion, a PE ratio of 32.16, a PEG ratio of 2.00 and a beta of 1.24. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FRT. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Wells Fargo & Company reduced their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. StockNews.com cut Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Friday, January 31st. Finally, Scotiabank upped their target price 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. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Federal Realty Investment Trust currently has an average rating of “Moderate Buy” and a consensus target price of $124.17.

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.