Federal Realty Investment Trust (NYSE:FRT) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Federal Realty Investment Trust (NYSE:FRT) have been given a consensus rating of “Moderate Buy” by the thirteen analysts that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $122.54.

A number of equities analysts have recently issued reports on the stock. Raymond James cut their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. 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. Mizuho lowered their price target on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Scotiabank lifted their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th.

Federal Realty Investment Trust Price Performance

Shares of FRT opened at $104.09 on Friday. The firm has a market capitalization of $8.92 billion, a PE ratio of 30.35, a P/E/G ratio of 2.20 and a beta of 1.24. The stock’s 50 day moving average is $107.75 and its two-hundred day moving average is $111.72. Federal Realty Investment Trust has a twelve month low of $95.97 and a twelve month high of $118.34. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.73. The firm had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. Research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 128.28%.

Hedge Funds Weigh In On Federal Realty Investment Trust

A number of large investors have recently modified their holdings of the company. Brooklyn Investment Group acquired a new stake in Federal Realty Investment Trust during the 3rd quarter worth approximately $36,000. Kapitalo Investimentos Ltda purchased a new stake in Federal Realty Investment Trust during the fourth quarter worth approximately $51,000. Eastern Bank purchased a new stake in Federal Realty Investment Trust during the third quarter worth approximately $52,000. Venturi Wealth Management LLC increased its holdings in Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 333 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 111 shares during the period. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Company 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.