Federal Realty Investment Trust (NYSE:FRT) Cut to “Sell” at StockNews.com

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

A number of other analysts have also commented on the company. Scotiabank upped their price target on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a research note on Monday, November 25th. Wells Fargo & Company decreased their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. upgraded 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 report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $124.17.

Federal Realty Investment Trust Trading Up 0.3 %

FRT opened at $108.65 on Friday. The company has a fifty day moving average price of $110.20 and a two-hundred day moving average price of $112.11. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The company has a market cap of $9.01 billion, a P/E ratio of 31.58, a price-to-earnings-growth ratio of 1.97 and a beta of 1.25. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48.

Hedge Funds Weigh In On Federal Realty Investment Trust

A number of hedge funds have recently bought and sold shares of the company. NBC Securities Inc. raised its holdings in shares of Federal Realty Investment Trust by 81.7% in the third 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 last quarter. CWM LLC grew 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 purchasing an additional 110 shares in the last quarter. Park Avenue Securities LLC increased its stake in Federal Realty Investment Trust by 2.7% in the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 125 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in shares of Federal Realty Investment Trust by 11.5% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 137 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in shares of Federal Realty Investment Trust by 11.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 142 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

About Federal Realty Investment Trust

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.