Empowered Funds LLC Buys Shares of 2,850 Federal Realty Investment Trust (NYSE:FRT)

Empowered Funds LLC purchased a new position in Federal Realty Investment Trust (NYSE:FRT - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,850 shares of the real estate investment trust's stock, valued at approximately $316,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Janus Henderson Group PLC grew its holdings in shares of Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust's stock valued at $70,251,000 after purchasing an additional 572,008 shares in the last quarter. FMR LLC raised its holdings in shares of Federal Realty Investment Trust by 667.2% in the 3rd quarter. FMR LLC now owns 572,809 shares of the real estate investment trust's stock valued at $65,856,000 after purchasing an additional 498,146 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Federal Realty Investment Trust by 456.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust's stock worth $69,544,000 after acquiring an additional 496,129 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter valued at about $26,548,000. Finally, JPMorgan Chase & Co. increased its position in shares of Federal Realty Investment Trust by 3.6% during the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after purchasing an additional 168,885 shares in the last quarter. Institutional investors own 93.86% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Scotiabank boosted their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a "sector outperform" rating in a research report on Monday, November 25th. StockNews.com upgraded shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday. Raymond James decreased their price objective on Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a research note on Tuesday. Finally, Stifel Nicolaus lowered their price target 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. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $123.23.

Federal Realty Investment Trust Trading Down 0.2 %

Shares of NYSE:FRT traded down $0.25 during mid-day trading on Friday, reaching $104.29. 620,860 shares of the company's stock were exchanged, compared to its average volume of 737,499. Federal Realty Investment Trust has a twelve month low of $95.97 and a twelve month high of $118.34. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The business's fifty day moving average price is $108.20 and its 200-day moving average price is $111.88. The firm has a market capitalization of $8.94 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 2.21 and a beta of 1.24.

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

Federal Realty Investment Trust Dividend Announcement

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 dividend on an annualized basis and a yield of 4.22%. Federal Realty Investment Trust's dividend 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.