Federal Realty Investment Trust (NYSE:FRT) Price Target Cut to $125.00 by Analysts at Wells Fargo & Company

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) had its price objective dropped by stock analysts at Wells Fargo & Company from $126.00 to $125.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an "overweight" rating on the real estate investment trust's stock. Wells Fargo & Company's price target would suggest a potential upside of 15.13% from the company's previous close.

Several other research analysts have also recently weighed in on FRT. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Thursday, January 16th. Scotiabank boosted their target price 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, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and raised their price target for the company from $122.00 to $125.00 in a report on Friday, December 20th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $124.17.

Federal Realty Investment Trust Stock Down 0.1 %

Shares of NYSE:FRT traded down $0.14 during trading on Wednesday, reaching $108.57. 59,231 shares of the stock traded hands, compared to its average volume of 592,527. The stock has a market cap of $9.01 billion, a P/E ratio of 31.56, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a 50-day moving average of $110.56 and a two-hundred day moving average of $112.15. Federal Realty Investment Trust has a 52-week low of $95.97 and a 52-week high of $118.34.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. NBC Securities Inc. raised its position in shares of Federal Realty Investment Trust by 81.7% during 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. Brooklyn Investment Group bought a new stake in Federal Realty Investment Trust in the 3rd quarter valued at $36,000. Eastern Bank purchased a new stake in Federal Realty Investment Trust in the 3rd quarter worth $52,000. Whittier Trust Co. of Nevada Inc. lifted its stake in Federal Realty Investment Trust by 2,475.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust's stock worth $71,000 after purchasing an additional 594 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock valued at $129,000 after purchasing an additional 110 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other 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.

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