Federal Realty Investment Trust (NYSE:FRT) Lowered to Sell Rating by StockNews.com

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) was downgraded by stock analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Wednesday.

A number of other research analysts have also recently issued reports on the stock. Compass Point lifted their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, September 10th. Citigroup upgraded Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and lifted their price target for the company from $120.00 to $135.00 in a research note on Friday, September 13th. Evercore ISI raised their price objective 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. Scotiabank lifted their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company 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 increased their target price for the stock from $122.00 to $125.00 in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.62.

Federal Realty Investment Trust Price Performance

FRT stock traded down $0.38 during midday trading on Wednesday, reaching $104.52. The company had a trading volume of 659,416 shares, compared to its average volume of 623,503. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The stock has a 50 day moving average price of $112.92 and a 200-day moving average price of $111.73. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $8.67 billion, a price-to-earnings ratio of 30.38, a price-to-earnings-growth ratio of 2.17 and a beta of 1.25.

Hedge Funds Weigh In On Federal Realty Investment Trust

A number of hedge funds have recently bought and sold shares of FRT. NBC Securities Inc. boosted its holdings in shares of 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 in the last quarter. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter valued at $36,000. Eastern Bank bought a new position in Federal Realty Investment Trust during the third quarter worth $52,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Federal Realty Investment Trust by 2,475.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust's stock worth $71,000 after acquiring an additional 594 shares in the last quarter. Finally, Y.D. More Investments Ltd acquired a new stake in Federal Realty Investment Trust in the second quarter worth $96,000. Institutional investors own 93.86% of the company's stock.

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.