Dimensional Fund Advisors LP Increases Position in Federal Realty Investment Trust (NYSE:FRT)

Dimensional Fund Advisors LP boosted its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,165,798 shares of the real estate investment trust's stock after purchasing an additional 28,933 shares during the period. Dimensional Fund Advisors LP owned approximately 1.41% of Federal Realty Investment Trust worth $130,509,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. FIL Ltd raised its stake in shares of Federal Realty Investment Trust by 0.3% during the 4th quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock valued at $3,984,000 after buying an additional 95 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Federal Realty Investment Trust by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock valued at $734,000 after buying an additional 110 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Federal Realty Investment Trust by 25.0% during the 4th 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 during the last quarter. Park Avenue Securities LLC raised its stake in shares of Federal Realty Investment Trust by 2.7% during the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock valued at $533,000 after buying an additional 125 shares during the last quarter. Finally, Keybank National Association OH increased its stake in shares of Federal Realty Investment Trust by 5.1% in the 4th quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock valued at $293,000 after purchasing an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Mizuho cut their price target on 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. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Wells Fargo & Company cut their price target on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. Truist Financial lowered 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. Finally, Scotiabank lowered their price objective on Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating on the stock in a report on Wednesday, April 23rd. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $116.00.

Federal Realty Investment Trust Price Performance

Shares of Federal Realty Investment Trust stock traded down $0.70 on Tuesday, hitting $94.05. 733,265 shares of the company were exchanged, compared to its average volume of 679,150. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 2.20 and a beta of 1.08. 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 company has a 50-day moving average price of $96.52 and a 200 day moving average price of $105.92. Federal Realty Investment Trust has a 1-year low of $80.65 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 EPS for the quarter, meeting the consensus estimate of $1.73. The firm had revenue of $311.44 million for the quarter, compared to analyst estimates 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, sell-side analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.68%. The ex-dividend date of this dividend was Tuesday, April 1st. Federal Realty Investment Trust's payout ratio is presently 128.28%.

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.