Cinctive Capital Management LP Purchases 25,813 Shares of Federal Realty Investment Trust (NYSE:FRT)

Cinctive Capital Management LP increased its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 131.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,483 shares of the real estate investment trust's stock after acquiring an additional 25,813 shares during the quarter. Cinctive Capital Management LP owned about 0.05% of Federal Realty Investment Trust worth $5,092,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FRT. Vanguard Group Inc. raised its holdings in Federal Realty Investment Trust by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 13,041,061 shares of the real estate investment trust's stock worth $1,459,947,000 after purchasing an additional 218,671 shares during the last quarter. Norges Bank acquired a new position in Federal Realty Investment Trust in the fourth quarter valued at approximately $810,544,000. JPMorgan Chase & Co. lifted its holdings in Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock valued at $561,743,000 after buying an additional 168,885 shares during the period. Geode Capital Management LLC boosted its stake in Federal Realty Investment Trust by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 2,033,880 shares of the real estate investment trust's stock valued at $227,457,000 after acquiring an additional 77,783 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Federal Realty Investment Trust by 3.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,285,189 shares of the real estate investment trust's stock worth $143,877,000 after acquiring an additional 37,274 shares during the period. Institutional investors and hedge funds own 93.86% of the company's stock.

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Federal Realty Investment Trust Stock Up 0.7 %

NYSE:FRT traded up $0.62 on Tuesday, hitting $87.19. 397,980 shares of the company's stock were exchanged, compared to its average volume of 657,964. The firm has a 50-day moving average price of $102.26 and a 200-day moving average price of $108.39. Federal Realty Investment Trust has a 52 week low of $84.56 and a 52 week high of $118.34. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market cap of $7.48 billion, a P/E ratio of 25.46, a price-to-earnings-growth ratio of 2.20 and a beta of 1.08.

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 (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to analyst estimates of $311.85 million. As a group, analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 5.05%. Federal Realty Investment Trust's dividend payout ratio is presently 128.28%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on FRT shares. Truist Financial downgraded Federal Realty Investment Trust from a "buy" rating to a "hold" rating and cut their price target for the company from $114.00 to $105.00 in a research note on Thursday, March 13th. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Raymond James dropped their target price on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. Scotiabank lowered their price objective on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Finally, 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. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

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.