Atria Wealth Solutions Inc. Invests $294,000 in Federal Realty Investment Trust (NYSE:FRT)

Atria Wealth Solutions Inc. bought a new position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,623 shares of the real estate investment trust's stock, valued at approximately $294,000.

A number of other large investors also recently modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Federal Realty Investment Trust during the 3rd quarter worth $36,000. Venturi Wealth Management LLC lifted its stake in shares of Federal Realty Investment Trust by 244.9% during the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 333 shares during the period. Jackson Grant Investment Advisers Inc. boosted its holdings in Federal Realty Investment Trust by 11.5% in 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 acquiring an additional 137 shares during the last quarter. Blue Trust Inc. increased its position in Federal Realty Investment Trust by 14.5% in the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust's stock worth $159,000 after purchasing an additional 175 shares during the period. Finally, National Bank of Canada FI raised its holdings in Federal Realty Investment Trust by 6,700.0% during the 3rd quarter. National Bank of Canada FI now owns 1,700 shares of the real estate investment trust's stock worth $195,000 after purchasing an additional 1,675 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

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Federal Realty Investment Trust Stock Down 1.4 %

Shares of NYSE:FRT traded down $1.51 during mid-day trading on Tuesday, reaching $103.98. 273,701 shares of the stock were exchanged, compared to its average volume of 716,020. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The stock's 50 day simple moving average is $107.37 and its 200-day simple moving average is $111.56. The company has a market cap of $8.91 billion, a P/E ratio of 30.31, a P/E/G ratio of 2.20 and a beta of 1.24.

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, meeting analysts' consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The business had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. As a group, equities research analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business 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 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is 128.28%.

Analyst Ratings Changes

FRT has been the subject of several analyst reports. Wells Fargo & Company lowered 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 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 report on Tuesday, February 25th. StockNews.com raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Raymond James decreased their target price on 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. Finally, JPMorgan Chase & Co. raised Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $121.85.

Federal Realty Investment Trust 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.