Federal Realty Investment Trust (NYSE:FRT) Trading Down 5% Following Analyst Downgrade

Federal Realty Investment Trust (NYSE:FRT - Get Free Report)'s stock price fell 5% on Friday after Stifel Nicolaus lowered their price target on the stock from $115.75 to $115.00. Stifel Nicolaus currently has a hold rating on the stock. Federal Realty Investment Trust traded as low as $106.33 and last traded at $106.19. 621,921 shares traded hands during trading, a decline of 9% from the average session volume of 684,870 shares. The stock had previously closed at $111.82.

Several other research firms have also issued reports on FRT. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Scotiabank raised their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a report on Monday, November 25th. Wells Fargo & Company lowered their price target on Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating for the company in a research note on Wednesday, January 29th. Finally, StockNews.com upgraded shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and a consensus price target of $123.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in Federal Realty Investment Trust by 3.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock valued at $561,743,000 after acquiring an additional 168,885 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Federal Realty Investment Trust by 8.7% in the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust's stock valued at $10,727,000 after purchasing an additional 7,501 shares during the period. Meridian Wealth Management LLC bought a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $1,322,000. Vert Asset Management LLC boosted its position in shares of Federal Realty Investment Trust by 12.3% during the fourth quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust's stock worth $3,697,000 after buying an additional 3,617 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of Federal Realty Investment Trust by 14.5% during the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust's stock worth $159,000 after buying an additional 175 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Performance

The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a 50-day moving average of $108.88 and a 200-day moving average of $112.07. The firm has a market cap of $8.67 billion, a price-to-earnings ratio of 30.40, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts' consensus estimates of $1.73. The business had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a net margin of 24.67% and a return on equity of 10.01%. As a group, analysts anticipate that Federal Realty Investment Trust will post 6.77 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The business 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. This represents a $4.40 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's payout ratio is 127.91%.

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.