AssuredPartners Investment Advisors LLC Takes Position in Federal Realty Investment Trust (NYSE:FRT)

AssuredPartners Investment Advisors LLC bought a new stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,563 shares of the real estate investment trust's stock, valued at approximately $511,000.

Other large investors have also bought and sold shares of the company. Commerce Bank purchased a new stake in shares of Federal Realty Investment Trust during the third quarter valued at $219,000. Cerity Partners LLC increased its position in shares of Federal Realty Investment Trust by 47.0% in the third quarter. Cerity Partners LLC now owns 4,382 shares of the real estate investment trust's stock worth $504,000 after acquiring an additional 1,401 shares in the last quarter. Bank of Montreal Can grew its position in Federal Realty Investment Trust by 0.6% during the 3rd quarter. Bank of Montreal Can now owns 184,297 shares of the real estate investment trust's stock worth $21,080,000 after purchasing an additional 1,039 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Federal Realty Investment Trust by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 48,522 shares of the real estate investment trust's stock valued at $5,579,000 after purchasing an additional 2,383 shares during the period. Finally, FMR LLC raised its position in Federal Realty Investment Trust by 667.2% during the third quarter. FMR LLC now owns 572,809 shares of the real estate investment trust's stock valued at $65,856,000 after buying an additional 498,146 shares during the period. Institutional investors own 93.86% of the company's stock.

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Federal Realty Investment Trust Price Performance

NYSE:FRT traded up $0.16 on Tuesday, reaching $96.88. The stock had a trading volume of 196,446 shares, compared to its average volume of 642,415. The company has a market capitalization of $8.30 billion, a P/E ratio of 28.22, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. The stock has a fifty day moving average price of $103.63 and a 200-day moving average price of $109.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a 1-year low of $94.58 and a 1-year high of $118.34.

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

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.54%. Federal Realty Investment Trust's payout ratio is presently 128.28%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company dropped their target price on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Stifel Nicolaus cut their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a research report on Friday, February 14th. JPMorgan Chase & Co. decreased their target price on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. Raymond James reduced their price objective on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. Finally, StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.62.

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.