Federal Realty Investment Trust (NYSE:FRT) Given Consensus Rating of "Moderate Buy" by Brokerages

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $123.62.

FRT has been the subject of a number of research reports. JPMorgan Chase & Co. upgraded 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 report on Friday, December 20th. Citigroup upgraded shares of Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $120.00 to $135.00 in a research note on Friday, September 13th. Evercore ISI increased their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Scotiabank raised their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a report on Monday, November 25th. Finally, Compass Point upped their target price on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, September 10th.

Institutional Trading of Federal Realty Investment Trust

Large investors have recently made changes to their positions in the business. NBC Securities Inc. raised its holdings in shares of Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 107 shares during the last quarter. CWM LLC raised its stake in shares of Federal Realty Investment Trust by 10.9% in the third quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock worth $129,000 after acquiring an additional 110 shares during the last quarter. PFG Investments LLC lifted its position in shares of Federal Realty Investment Trust by 2.0% during the second quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust's stock worth $625,000 after purchasing an additional 124 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Federal Realty Investment Trust by 2.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust's stock valued at $535,000 after purchasing an additional 143 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in shares of Federal Realty Investment Trust by 1.5% in the third quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust's stock valued at $1,123,000 after purchasing an additional 149 shares in the last quarter. Institutional investors own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Performance

Shares of FRT traded down $3.00 during trading hours on Thursday, reaching $108.95. 558,923 shares of the company traded hands, compared to its average volume of 624,179. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The stock has a market cap of $9.04 billion, a P/E ratio of 31.67, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. The stock's fifty day moving average is $113.27 and its 200 day moving average is $111.45. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56.

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be given a $1.10 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 4.04%. Federal Realty Investment Trust's payout ratio is 127.91%.

About Federal Realty Investment Trust

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.