Federal Realty Investment Trust (NYSE:FRT) Stock Position Raised by Nordea Investment Management AB

Nordea Investment Management AB raised its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 26.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 141,773 shares of the real estate investment trust's stock after purchasing an additional 29,894 shares during the period. Nordea Investment Management AB owned 0.17% of Federal Realty Investment Trust worth $15,896,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FRT. JPMorgan Chase & Co. increased its holdings in Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock valued at $561,743,000 after buying an additional 168,885 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Federal Realty Investment Trust by 4.7% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust's stock valued at $201,355,000 after acquiring an additional 90,395 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Federal Realty Investment Trust by 0.4% in the third quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust's stock worth $224,565,000 after purchasing an additional 7,160 shares during the period. ProShare Advisors LLC boosted its holdings in Federal Realty Investment Trust by 2.2% in the second quarter. ProShare Advisors LLC now owns 1,732,026 shares of the real estate investment trust's stock worth $174,883,000 after purchasing an additional 36,880 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Federal Realty Investment Trust by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,247,915 shares of the real estate investment trust's stock worth $143,473,000 after purchasing an additional 42,209 shares during the period. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Price Performance

Shares of FRT traded down $0.38 during midday trading on Thursday, reaching $104.52. The stock had a trading volume of 659,416 shares, compared to its average volume of 623,503. 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 market capitalization of $8.67 billion, a P/E ratio of 30.38, a P/E/G ratio of 2.17 and a beta of 1.25. The firm's 50 day moving average price is $112.73 and its 200-day moving average price is $111.68. Federal Realty Investment Trust has a 52 week low of $95.97 and a 52 week high of $118.34.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Thursday, January 2nd. Federal Realty Investment Trust's payout ratio is 127.91%.

Analysts Set New Price Targets

Several research analysts have recently commented on FRT shares. 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 report on Monday, November 25th. StockNews.com lowered Federal Realty Investment Trust from a "hold" rating to a "sell" rating in a report on Wednesday. JPMorgan Chase & Co. raised 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 report on Friday, December 20th. Evercore ISI increased their target price on Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Finally, Citigroup raised shares of Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and boosted their price target for the company from $120.00 to $135.00 in a report on Friday, September 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $123.62.

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.