Stifel Nicolaus Issues Pessimistic Forecast for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT - Free Report) had its price target reduced by Stifel Nicolaus from $115.75 to $115.00 in a research note issued to investors on Friday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the real estate investment trust's stock.

Several other research analysts have also issued reports on FRT. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Wednesday, February 12th. Scotiabank raised their price target on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a research report on Monday, November 25th. Finally, Wells Fargo & Company reduced their price target on Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust has an average rating of "Moderate Buy" and a consensus target price of $123.23.

Federal Realty Investment Trust Trading Down 0.1 %

Shares of NYSE FRT traded down $0.12 during midday trading on Friday, hitting $104.92. The stock had a trading volume of 1,427,064 shares, compared to its average volume of 748,167. The company's 50-day simple moving average is $108.88 and its 200 day simple moving average is $112.07. The firm has a market cap of $8.70 billion, a P/E ratio of 30.50, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. 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 (NYSE:FRT - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.73. Federal Realty Investment Trust had a return on equity of 10.01% and a net margin of 24.67%. The business had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Research analysts anticipate that Federal Realty Investment Trust will post 6.77 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $1.10 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.19%. Federal Realty Investment Trust's dividend payout ratio (DPR) is 127.91%.

Institutional Trading of Federal Realty Investment Trust

Institutional investors have recently modified their holdings of the company. NBC Securities Inc. lifted 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 purchasing an additional 107 shares in the last quarter. Brooklyn Investment Group bought a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $36,000. Eastern Bank acquired a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $52,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at about $51,000. Finally, Venturi Wealth Management LLC increased its position in shares of Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 333 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors.

About Federal Realty Investment Trust

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.