Federal Realty Investment Trust (NYSE:FRT - Get Free Report) had its target price decreased by equities research analysts at Wells Fargo & Company from $125.00 to $113.00 in a research note issued on Wednesday, MarketBeat Ratings reports. The brokerage currently has an "overweight" rating on the real estate investment trust's stock. Wells Fargo & Company's target price suggests a potential upside of 16.73% from the stock's previous close.
A number of other research firms have also recently commented on FRT. JPMorgan Chase & Co. reduced their price target on Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a report on Friday, March 7th. Mizuho decreased their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a report on Tuesday, February 25th. Scotiabank dropped their price target on Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating on the stock in a research note on Friday, February 28th. Stifel Nicolaus reduced their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a research report on Friday, February 14th. Finally, StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $116.62.
Check Out Our Latest Research Report on Federal Realty Investment Trust
Federal Realty Investment Trust Stock Up 0.0 %
Shares of NYSE:FRT traded up $0.02 during midday trading on Wednesday, reaching $96.80. The company had a trading volume of 849,667 shares, compared to its average volume of 642,768. The business's 50 day moving average price is $103.78 and its 200 day moving average price is $109.38. Federal Realty Investment Trust has a 1-year low of $94.58 and a 1-year high of $118.34. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The stock has a market cap of $8.29 billion, a PE ratio of 28.22, a P/E/G ratio of 2.20 and a beta of 1.27.
Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its earnings results 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 during the quarter, compared to analysts' expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. Research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Park Square Financial Group LLC acquired a new position in shares of Federal Realty Investment Trust in the 4th quarter valued at approximately $30,000. Brooklyn Investment Group acquired a new position in Federal Realty Investment Trust during the third quarter valued at approximately $36,000. Kapitalo Investimentos Ltda bought a new stake in Federal Realty Investment Trust during the fourth quarter worth $51,000. Venturi Wealth Management LLC boosted its holdings in shares of Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 333 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Federal Realty Investment Trust by 25.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock valued at $62,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.
Federal Realty Investment Trust Company Profile
(
Get Free Report)
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.
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