Federal Realty Investment Trust (NYSE:FRT) Stock Position Raised by National Bank of Canada FI

National Bank of Canada FI raised its holdings in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 2,082.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,109 shares of the real estate investment trust's stock after purchasing an additional 35,409 shares during the period. National Bank of Canada FI's holdings in Federal Realty Investment Trust were worth $4,155,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund lifted its holdings in Federal Realty Investment Trust by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock worth $734,000 after buying an additional 110 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 111 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in Federal Realty Investment Trust by 2.7% in the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock worth $533,000 after purchasing an additional 125 shares during the period. Keybank National Association OH boosted its holdings in Federal Realty Investment Trust by 5.1% in the fourth quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock worth $293,000 after purchasing an additional 128 shares during the period. Finally, Jackson Grant Investment Advisers Inc. increased its stake in Federal Realty Investment Trust by 11.5% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust's stock valued at $149,000 after purchasing an additional 137 shares during the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several research firms have recently commented on FRT. JPMorgan Chase & Co. decreased 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. Truist Financial lowered Federal Realty Investment Trust from a "buy" rating to a "hold" rating and lowered their target price for the company from $114.00 to $105.00 in a report on Thursday, March 13th. Stifel Nicolaus dropped their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a research report on Friday, February 14th. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Finally, Citigroup reaffirmed a "neutral" rating and issued a $106.00 target price (down from $135.00) on shares of Federal Realty Investment Trust in a research report on Friday, March 28th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and an average price target of $116.00.

Federal Realty Investment Trust Price Performance

Shares of FRT stock traded up $1.32 during midday trading on Friday, reaching $90.28. 949,417 shares of the company were exchanged, compared to its average volume of 672,923. The company's 50 day moving average price is $99.81 and its two-hundred day moving average price is $107.37. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $7.74 billion, a P/E ratio of 26.32, a PEG ratio of 2.20 and a beta of 1.08. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $118.34.

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

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.87%. 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.