StockNews.com Downgrades Federal Realty Investment Trust (NYSE:FRT) to Sell

StockNews.com cut shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) from a hold rating to a sell rating in a research note published on Friday morning.

FRT has been the subject of a number of other reports. Scotiabank raised their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a "sector outperform" rating in a report on Monday, November 25th. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Finally, Wells Fargo & Company reduced their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Federal Realty Investment Trust has an average rating of "Moderate Buy" and a consensus target price of $124.17.

Federal Realty Investment Trust Price Performance

Federal Realty Investment Trust stock traded up $0.36 during midday trading on Friday, reaching $108.65. 2,372,139 shares of the stock traded hands, compared to its average volume of 702,792. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The stock's fifty day moving average is $110.20 and its 200-day moving average is $112.11. The stock has a market cap of $9.01 billion, a P/E ratio of 31.58, a PEG ratio of 1.97 and a beta of 1.25.

Institutional Trading of Federal Realty Investment Trust

Several institutional investors and hedge funds have recently modified their holdings of the stock. NBC Securities Inc. increased its position 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 valued at $27,000 after purchasing an additional 107 shares during the period. CWM LLC boosted its stake in shares of Federal Realty Investment Trust by 10.9% during the third 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 in the last quarter. Park Avenue Securities LLC increased its holdings in Federal Realty Investment Trust by 2.7% during the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock valued at $533,000 after buying an additional 125 shares during the period. Jackson Grant Investment Advisers Inc. raised its stake in Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust's stock worth $149,000 after buying an additional 137 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in Federal Realty Investment Trust by 11.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust's stock worth $161,000 after buying an additional 142 shares during the period. Institutional investors own 93.86% of the company's stock.

Federal Realty Investment Trust Company Profile

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.