Federal Realty Investment Trust (NYSE:FRT) Receives $122.85 Consensus Target Price from Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT - Get Free Report) have been assigned an average rating of "Moderate Buy" from the thirteen research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $122.85.

FRT has been the subject of several analyst reports. Evercore ISI upped their target price on 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. Wells Fargo & Company upped their price objective on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the company an "overweight" rating in a research note on Wednesday, August 28th. Raymond James raised their target price on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, August 16th. Truist Financial upped their price target on shares of Federal Realty Investment Trust from $115.00 to $121.00 and gave the stock a "buy" rating in a research report on Wednesday, August 28th. Finally, Scotiabank decreased their price target on shares of Federal Realty Investment Trust from $120.00 to $119.00 and set a "sector outperform" rating on the stock in a report on Friday, October 11th.

Insider Transactions at Federal Realty Investment Trust

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 30,292 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $116.17, for a total value of $3,519,021.64. Following the completion of the sale, the chief executive officer now owns 6,637 shares of the company's stock, valued at $771,020.29. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Donald C. Wood sold 5,937 shares of the business's stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $116.47, for a total value of $691,482.39. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Donald C. Wood sold 30,292 shares of the firm's stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $116.17, for a total value of $3,519,021.64. Following the sale, the chief executive officer now owns 6,637 shares of the company's stock, valued at approximately $771,020.29. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several institutional investors and hedge funds have recently made changes to their positions in FRT. NBC Securities Inc. raised its holdings in 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 acquiring an additional 107 shares in the last quarter. Family Firm Inc. acquired a new stake in shares of Federal Realty Investment Trust in the 2nd quarter valued at about $33,000. Blue Trust Inc. lifted its position in shares of Federal Realty Investment Trust by 885.7% during the second quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 310 shares during the last quarter. Brooklyn Investment Group acquired a new position in Federal Realty Investment Trust in the third quarter worth about $36,000. Finally, Rothschild Investment LLC bought a new stake in Federal Realty Investment Trust in the second quarter valued at about $42,000. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Trading Up 0.3 %

FRT traded up $0.30 during trading on Wednesday, hitting $113.95. The company's stock had a trading volume of 203,545 shares, compared to its average volume of 620,708. Federal Realty Investment Trust has a twelve month low of $90.84 and a twelve month high of $118.34. The stock has a market cap of $9.45 billion, a PE ratio of 33.25, a PEG ratio of 2.15 and a beta of 1.24. The firm's 50 day moving average price is $113.68 and its 200-day moving average price is $108.46. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56.

Federal Realty Investment Trust Dividend Announcement

The business 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. This represents a $4.40 annualized dividend and a yield of 3.86%. The ex-dividend date is Thursday, January 2nd. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 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.