Analysts Set Federal Realty Investment Trust (NYSE:FRT) Price Target at $123.38

Shares of Federal Realty Investment Trust (NYSE:FRT - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the thirteen research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $123.38.

A number of equities analysts have recently weighed in on FRT shares. Wells Fargo & Company increased their price target on Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an "overweight" rating in a report on Wednesday, August 28th. JPMorgan Chase & Co. raised their price target on Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. Raymond James boosted their price objective on Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, August 16th. Mizuho raised their target price on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a "neutral" rating in a report on Monday, August 19th. Finally, Citigroup upgraded shares of Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $120.00 to $135.00 in a research note on Friday, September 13th.

Insiders Place Their Bets

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $116.47, for a total value of $691,482.39. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. NBC Securities Inc. grew its stake in Federal Realty Investment Trust by 81.7% during the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock worth $27,000 after buying an additional 107 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at $36,000. Family Firm Inc. acquired a new position in shares of Federal Realty Investment Trust in the 2nd quarter valued at $33,000. Blue Trust Inc. raised its position in Federal Realty Investment Trust by 885.7% in the 2nd quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 310 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in Federal Realty Investment Trust during the 2nd quarter worth $42,000. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Price Performance

FRT stock traded up $0.28 during mid-day trading on Friday, reaching $113.89. The company's stock had a trading volume of 314,201 shares, compared to its average volume of 658,758. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48. The company's 50 day moving average is $113.37 and its two-hundred day moving average is $109.99. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The stock has a market cap of $9.45 billion, a PE ratio of 33.11, a P/E/G ratio of 2.17 and a beta of 1.24.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend 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.