Ossiam Raises Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Ossiam raised its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 23.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,371 shares of the real estate investment trust's stock after acquiring an additional 2,904 shares during the period. Ossiam's holdings in Federal Realty Investment Trust were worth $1,721,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FRT. Barclays PLC increased its position in 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 worth $15,232,000 after acquiring an additional 4,324 shares during the period. Sanctuary Advisors LLC raised its position in shares of Federal Realty Investment Trust by 45.3% in the third quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust's stock valued at $373,000 after buying an additional 1,012 shares in the last quarter. World Investment Advisors LLC bought a new stake in shares of Federal Realty Investment Trust in the third quarter valued at approximately $221,000. Tidal Investments LLC grew its position in Federal Realty Investment Trust by 6.2% during the third quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust's stock worth $297,000 after buying an additional 153 shares in the last quarter. Finally, Retirement Systems of Alabama increased its stake in Federal Realty Investment Trust by 0.4% during the 3rd quarter. Retirement Systems of Alabama now owns 59,392 shares of the real estate investment trust's stock worth $6,828,000 after acquiring an additional 244 shares during the period. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Trading Down 1.1 %

Shares of Federal Realty Investment Trust stock traded down $1.09 on Friday, hitting $94.42. The stock had a trading volume of 418,253 shares, compared to its average volume of 826,609. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $118.34. The stock's 50-day simple moving average is $96.94 and its two-hundred day simple moving average is $106.21. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 27.53, a PEG ratio of 2.20 and a beta of 1.08.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. As a group, sell-side analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date of this dividend was Tuesday, April 1st. Federal Realty Investment Trust's payout ratio is 128.28%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on FRT. Stifel Nicolaus cut their price target on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a report on Friday, February 14th. Citigroup reaffirmed a "neutral" rating and issued a $106.00 target price (down previously from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. 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. Scotiabank decreased their target price on Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating on the stock in a research report on Wednesday. Finally, Truist Financial cut shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and dropped their target price for the stock from $114.00 to $105.00 in a report on Thursday, March 13th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company 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.