Mizuho Markets Americas LLC Grows Stake in Federal Realty Investment Trust (NYSE:FRT)

Mizuho Markets Americas LLC raised its holdings in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 196,946 shares of the real estate investment trust's stock after buying an additional 10,690 shares during the quarter. Mizuho Markets Americas LLC owned about 0.24% of Federal Realty Investment Trust worth $22,643,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. grew its position in Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock worth $27,000 after buying an additional 107 shares in the last quarter. Family Firm Inc. purchased a new position in Federal Realty Investment Trust during the second quarter worth about $33,000. Blue Trust Inc. boosted its holdings in shares of Federal Realty Investment Trust by 885.7% in the 2nd quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 310 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of Federal Realty Investment Trust in the 2nd quarter worth about $42,000. Finally, Eastern Bank purchased a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth about $52,000. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Up 0.1 %

Shares of NYSE:FRT traded up $0.17 during trading on Friday, hitting $113.54. The stock had a trading volume of 2,699,264 shares, compared to its average volume of 631,424. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $9.42 billion, a PE ratio of 33.01, a PEG ratio of 2.15 and a beta of 1.24. The firm's fifty day moving average is $113.58 and its 200 day moving average is $108.61. Federal Realty Investment Trust has a 12 month low of $90.84 and a 12 month high of $118.34.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be paid a $1.10 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 annualized dividend and a dividend yield of 3.88%. Federal Realty Investment Trust's payout ratio is currently 127.91%.

Insider Buying and Selling

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the stock in a transaction on Monday, September 9th. The stock was sold at an average price of $116.47, for a total transaction of $691,482.39. The sale was disclosed in a filing with the SEC, which is available through this link. 1.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FRT shares. Evercore ISI increased their target price on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an "outperform" rating in a report on Monday, September 16th. JPMorgan Chase & Co. upped their price target on Federal Realty Investment Trust from $121.00 to $122.00 and gave the company a "neutral" rating in a research report on Tuesday. Mizuho upped their price target on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a "neutral" rating in a research report on Monday, August 19th. Raymond James upped their price target on Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday, August 16th. Finally, Scotiabank lowered their price target on Federal Realty Investment Trust from $120.00 to $119.00 and set a "sector outperform" rating for the company in a research report on Friday, October 11th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Federal Realty Investment Trust currently has an average rating of "Moderate Buy" and an average target price of $122.85.

About Federal Realty Investment Trust

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.