Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 42.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,720 shares of the real estate investment trust's stock after purchasing an additional 12,927 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of Federal Realty Investment Trust worth $4,894,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust's stock valued at $70,251,000 after acquiring an additional 572,008 shares during the period. FMR LLC raised its stake in Federal Realty Investment Trust by 667.2% in the 3rd quarter. FMR LLC now owns 572,809 shares of the real estate investment trust's stock worth $65,856,000 after purchasing an additional 498,146 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Federal Realty Investment Trust by 456.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust's stock valued at $69,544,000 after purchasing an additional 496,129 shares during the period. Wellington Management Group LLP acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth approximately $26,548,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Federal Realty Investment Trust by 3.6% during the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after purchasing an additional 168,885 shares during the period. 93.86% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FRT. StockNews.com raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Wells Fargo & Company reduced their target price on Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating on the stock in a report on Wednesday, January 29th. Truist Financial lowered shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and decreased their price target for the company from $114.00 to $105.00 in a report on Thursday, March 13th. JPMorgan Chase & Co. lowered their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a report on Friday, March 7th. Finally, Stifel Nicolaus cut their price objective on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $119.77.

Federal Realty Investment Trust Trading Down 0.4 %

NYSE:FRT traded down $0.44 on Tuesday, reaching $97.82. 456,828 shares of the stock traded hands, compared to its average volume of 606,420. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 28.56, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. Federal Realty Investment Trust has a 1-year low of $94.58 and a 1-year high of $118.34. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. The company's 50 day moving average is $104.37 and its 200-day moving average is $109.87.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting 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 anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.50%. Federal Realty Investment Trust's dividend payout ratio is currently 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.