Federal Realty Investment Trust (NYSE:FRT) Given Consensus Rating of "Moderate Buy" by Analysts

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) has received a consensus rating of "Moderate Buy" from the twelve analysts that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $116.00.

FRT has been the topic of a number of research analyst reports. Truist Financial downgraded Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their target price for the company from $114.00 to $105.00 in a report on Thursday, March 13th. Scotiabank dropped their price objective on Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Citigroup reiterated a "neutral" rating and issued a $106.00 target price (down previously from $135.00) on shares of Federal Realty Investment Trust in a research report on Friday, March 28th. Wells Fargo & Company dropped their target price on shares of Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating on the stock in a report on Friday, March 7th.

Remove Ads

Institutional Trading of Federal Realty Investment Trust

A number of institutional investors and hedge funds have recently bought and sold shares of FRT. FIL Ltd grew its position in shares of Federal Realty Investment Trust by 0.3% in the 4th quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock valued at $3,984,000 after buying an additional 95 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Federal Realty Investment Trust by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock valued at $734,000 after acquiring an additional 110 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock valued at $62,000 after acquiring an additional 111 shares during the last quarter. Park Avenue Securities LLC increased its position in Federal Realty Investment Trust by 2.7% during the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock valued at $533,000 after purchasing an additional 125 shares during the period. Finally, Keybank National Association OH raised its holdings in Federal Realty Investment Trust by 5.1% during the 4th quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock worth $293,000 after purchasing an additional 128 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

FRT stock traded up $1.15 during midday trading on Friday, reaching $93.22. The company had a trading volume of 59,265 shares, compared to its average volume of 672,296. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 27.17, a price-to-earnings-growth ratio of 2.20 and a beta of 1.08. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $118.34. The stock has a 50 day moving average price of $98.72 and a 200-day moving average price of $106.96.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. The company 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%. Equities research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.72%. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 128.28%.

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.