Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 8.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,860 shares of the real estate investment trust's stock after buying an additional 3,063 shares during the period. UniSuper Management Pty Ltd's holdings in Federal Realty Investment Trust were worth $4,238,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group bought a new stake in Federal Realty Investment Trust in the third quarter worth $36,000. Venturi Wealth Management LLC increased 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 worth $53,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings 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 acquiring an additional 111 shares during the last quarter. Hopwood Financial Services Inc. purchased a new position in Federal Realty Investment Trust in the fourth quarter worth about $101,000. Finally, Jackson Grant Investment Advisers Inc. increased its stake in Federal Realty Investment Trust by 11.5% during 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 acquiring an additional 137 shares during the last quarter. Institutional investors own 93.86% of the company's stock.

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Analysts Set New Price Targets

FRT has been the subject of a number of recent research reports. 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 report on Friday, March 28th. StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Stifel Nicolaus reduced their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a research report on Friday, February 14th. JPMorgan Chase & Co. cut their target price on Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating on the stock in a research note on Friday, March 7th. Finally, Mizuho cut their price objective on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Federal Realty Investment Trust has an average rating of "Moderate Buy" and a consensus price target of $116.62.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock traded up $1.00 during midday trading on Wednesday, hitting $97.99. 148,416 shares of the company were exchanged, compared to its average volume of 644,130. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. Federal Realty Investment Trust has a fifty-two week low of $94.58 and a fifty-two week high of $118.34. The business has a fifty day simple moving average of $103.63 and a two-hundred day simple moving average of $109.20. The firm has a market capitalization of $8.40 billion, a PE ratio of 28.56, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. On average, sell-side analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.49%. Federal Realty Investment Trust's payout ratio is 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.