Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $4.89 Million Position in Federal Realty Investment Trust (NYSE:FRT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 42.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,720 shares of the real estate investment trust's stock after acquiring an additional 12,927 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of Federal Realty Investment Trust worth $4,894,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of 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 grew its stake in Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 333 shares during the last quarter. Smartleaf Asset Management LLC grew 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 worth $62,000 after purchasing an additional 111 shares during the last quarter. Hopwood Financial Services Inc. acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at about $101,000. Finally, Jackson Grant Investment Advisers Inc. increased its position in shares of Federal Realty Investment Trust by 11.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust's stock valued at $149,000 after acquiring an additional 137 shares during the period. Hedge funds and other institutional investors own 93.86% of the company's stock.

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Federal Realty Investment Trust Price Performance

FRT stock traded down $0.65 during midday trading on Thursday, hitting $96.86. 417,711 shares of the stock were exchanged, compared to its average volume of 608,089. Federal Realty Investment Trust has a fifty-two week low of $94.58 and a fifty-two week high of $118.34. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 2.20 and a beta of 1.27. The stock's 50-day moving average price is $104.25 and its 200-day moving average price is $109.75. 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 (NYSE:FRT - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting 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 during the quarter, compared to analyst estimates of $311.85 million. Research analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio is presently 128.28%.

Analyst Upgrades and Downgrades

FRT has been the topic of a number of recent analyst reports. StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday, February 21st. Mizuho cut their price objective on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a research report on Tuesday, February 25th. 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 on the stock in a research report on Wednesday. Raymond James lowered their target price on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 18th. Finally, Scotiabank decreased their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating on the stock in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $118.85.

Federal Realty Investment Trust 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.