Asset Management One Co. Ltd. Has $13.34 Million Position in Federal Realty Investment Trust (NYSE:FRT)

Asset Management One Co. Ltd. boosted its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 7.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 119,698 shares of the real estate investment trust's stock after acquiring an additional 8,468 shares during the quarter. Asset Management One Co. Ltd. owned about 0.14% of Federal Realty Investment Trust worth $13,338,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. NBC Securities Inc. lifted its holdings in shares of Federal Realty Investment Trust by 81.7% in the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 107 shares during the period. CWM LLC grew its position in shares of Federal Realty Investment Trust by 10.9% in the third quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock valued at $129,000 after purchasing an additional 110 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Federal Realty Investment Trust by 2.7% in the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock valued at $533,000 after purchasing an additional 125 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in shares of 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 valued at $149,000 after buying an additional 137 shares during the period. Finally, Stephens Inc. AR lifted its stake in shares of Federal Realty Investment Trust by 3.6% during the fourth quarter. Stephens Inc. AR now owns 4,196 shares of the real estate investment trust's stock valued at $470,000 after buying an additional 144 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on FRT shares. Scotiabank increased their price target on shares of 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. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Raymond James lowered 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. Stifel Nicolaus decreased their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a report on Friday, February 14th. Finally, Wells Fargo & Company decreased 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 report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and an average target price of $123.23.

Federal Realty Investment Trust Price Performance

Shares of FRT stock traded down $0.49 during midday trading on Thursday, reaching $104.52. 535,989 shares of the company were exchanged, compared to its average volume of 741,033. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The company has a market cap of $8.96 billion, a P/E ratio of 30.47, a PEG ratio of 2.21 and a beta of 1.24. The company's 50 day moving average price is $108.58 and its two-hundred day moving average price is $111.97. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.73. The company had revenue of $311.44 million for the quarter, compared to analysts' expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, sell-side analysts expect 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 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 4.21%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is currently 128.28%.

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.