Federal Realty Investment Trust (NYSE:FRT) Stock Position Reduced by AlphaQuest LLC

AlphaQuest LLC lessened its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 93.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,165 shares of the real estate investment trust's stock after selling 16,464 shares during the quarter. AlphaQuest LLC's holdings in Federal Realty Investment Trust were worth $130,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in FRT. Oregon Public Employees Retirement Fund increased its position in Federal Realty Investment Trust by 1.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock worth $734,000 after buying an additional 110 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of 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 buying an additional 111 shares in the last quarter. Park Avenue Securities LLC boosted its position in Federal Realty Investment Trust by 2.7% during the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock worth $533,000 after purchasing an additional 125 shares in the last quarter. Keybank National Association OH boosted its position in Federal Realty Investment Trust by 5.1% during the fourth quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock worth $293,000 after purchasing an additional 128 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. boosted its position in Federal Realty Investment Trust by 11.5% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust's stock worth $149,000 after purchasing an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company's stock.

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Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Scotiabank cut their price target on Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. Raymond James dropped 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 research report on Tuesday, February 18th. Truist Financial lowered shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $114.00 to $105.00 in a research report on Thursday, March 13th. Wells Fargo & Company dropped their price objective 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. Finally, Mizuho decreased their target price on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a research note on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $119.77.

Federal Realty Investment Trust Trading Down 2.3 %

Shares of FRT traded down $2.29 during midday trading on Friday, hitting $95.03. The stock had a trading volume of 1,661,430 shares, compared to its average volume of 604,987. The business has a 50-day simple moving average of $104.60 and a two-hundred day simple moving average of $110.20. The firm has a market cap of $8.14 billion, a P/E ratio of 27.71, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. 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 has a fifty-two week low of $94.58 and a fifty-two week high of $118.34.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. As a group, equities analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is currently 128.28%.

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.