GeoWealth Management LLC Raises Holdings in Federal Realty Investment Trust (NYSE:FRT)

GeoWealth Management LLC boosted its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 29.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,443 shares of the real estate investment trust's stock after buying an additional 3,060 shares during the period. GeoWealth Management LLC's holdings in Federal Realty Investment Trust were worth $1,505,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC grew its stake in shares of Federal Realty Investment Trust by 3.4% during the third quarter. Barclays PLC now owns 132,497 shares of the real estate investment trust's stock valued at $15,232,000 after buying an additional 4,324 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in Federal Realty Investment Trust by 45.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust's stock valued at $373,000 after acquiring an additional 1,012 shares during the period. World Investment Advisors LLC bought a new position in Federal Realty Investment Trust in the 3rd quarter valued at $221,000. Tidal Investments LLC increased its stake in Federal Realty Investment Trust by 6.2% in the third quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust's stock worth $297,000 after purchasing an additional 153 shares during the period. Finally, Retirement Systems of Alabama lifted its position in shares of Federal Realty Investment Trust by 0.4% during the third quarter. Retirement Systems of Alabama now owns 59,392 shares of the real estate investment trust's stock worth $6,828,000 after purchasing an additional 244 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Stock Up 1.2 %

Shares of NYSE:FRT traded up $1.13 on Thursday, reaching $95.80. The company had a trading volume of 406,640 shares, compared to its average volume of 678,284. 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 firm has a market capitalization of $8.22 billion, a PE ratio of 27.92, a PEG ratio of 2.20 and a beta of 1.08. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $118.34. The firm's 50 day simple moving average is $97.12 and its 200-day simple moving average is $106.31.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts' consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The business had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. As a group, analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.59%. The ex-dividend date was Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio is currently 128.28%.

Analyst Ratings Changes

Several research firms recently commented on FRT. Wells Fargo & Company reduced their price target on shares of Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. JPMorgan Chase & Co. lowered their price target on 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. Citigroup reissued a "neutral" rating and issued a $106.00 price objective (down previously from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday, March 28th. Finally, Raymond James decreased their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $116.00.

About Federal Realty Investment Trust

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.