Federal Realty Investment Trust (NYSE:FRT) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its holdings in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 25.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,732 shares of the real estate investment trust's stock after buying an additional 3,618 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Federal Realty Investment Trust were worth $1,976,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Yousif Capital Management LLC grew its holdings in Federal Realty Investment Trust by 4.8% in the fourth quarter. Yousif Capital Management LLC now owns 79,189 shares of the real estate investment trust's stock valued at $8,865,000 after purchasing an additional 3,613 shares during the period. Retirement Systems of Alabama grew its stake in shares of Federal Realty Investment Trust by 1.1% during the 4th quarter. Retirement Systems of Alabama now owns 60,064 shares of the real estate investment trust's stock valued at $6,724,000 after buying an additional 672 shares during the period. abrdn plc increased its holdings in shares of Federal Realty Investment Trust by 58.7% during the 4th quarter. abrdn plc now owns 38,573 shares of the real estate investment trust's stock worth $4,303,000 after buying an additional 14,273 shares during the last quarter. JB Capital LLC raised its position in shares of Federal Realty Investment Trust by 8.5% in the 4th quarter. JB Capital LLC now owns 15,798 shares of the real estate investment trust's stock worth $1,769,000 after buying an additional 1,238 shares during the period. Finally, Vert Asset Management LLC boosted its holdings in Federal Realty Investment Trust by 12.3% in the fourth quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust's stock valued at $3,697,000 after acquiring an additional 3,617 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Up 1.0 %

Federal Realty Investment Trust stock traded up $1.14 during midday trading on Tuesday, hitting $110.94. 575,362 shares of the stock were exchanged, compared to its average volume of 681,591. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The company has a 50 day moving average price of $109.40 and a two-hundred day moving average price of $112.18. The firm has a market cap of $9.20 billion, a P/E ratio of 32.25, a P/E/G ratio of 2.34 and a beta of 1.24. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34.

Analyst Upgrades and Downgrades

FRT has been the subject of several research analyst reports. Wells Fargo & Company dropped 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. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Scotiabank lifted their price target on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a "sector outperform" rating in a research report on Monday, November 25th. Finally, StockNews.com lowered shares of Federal Realty Investment Trust from a "hold" rating to a "sell" rating in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $124.17.

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.