Quantinno Capital Management LP Acquires 5,575 Shares of Federal Realty Investment Trust (NYSE:FRT)

Quantinno Capital Management LP boosted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 23.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,826 shares of the real estate investment trust's stock after acquiring an additional 5,575 shares during the period. Quantinno Capital Management LP's holdings in Federal Realty Investment Trust were worth $3,429,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its holdings in Federal Realty Investment Trust by 274.5% in the 1st quarter. Cetera Investment Advisers now owns 21,711 shares of the real estate investment trust's stock valued at $2,217,000 after purchasing an additional 15,914 shares during the period. Cetera Advisors LLC grew its position in Federal Realty Investment Trust by 57.7% during the first quarter. Cetera Advisors LLC now owns 4,681 shares of the real estate investment trust's stock valued at $478,000 after acquiring an additional 1,713 shares during the last quarter. Czech National Bank raised its stake in shares of Federal Realty Investment Trust by 10.1% during the second quarter. Czech National Bank now owns 14,226 shares of the real estate investment trust's stock worth $1,436,000 after acquiring an additional 1,303 shares in the last quarter. Blue Trust Inc. lifted 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 acquiring an additional 310 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Federal Realty Investment Trust by 12.1% in the 2nd quarter. Raymond James & Associates now owns 131,680 shares of the real estate investment trust's stock valued at $13,296,000 after purchasing an additional 14,175 shares in the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT traded down $1.44 during midday trading on Tuesday, reaching $112.77. 388,712 shares of the stock traded hands, compared to its average volume of 625,026. The stock has a market capitalization of $9.35 billion, a PE ratio of 33.19, a P/E/G ratio of 2.17 and a beta of 1.24. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. 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's 50 day moving average is $113.35 and its 200 day moving average is $110.10.

Federal Realty Investment Trust Announces Dividend

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 issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 3.90%. Federal Realty Investment Trust's payout ratio is presently 127.91%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Mizuho increased their price target on shares of 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 shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, August 16th. Citigroup upgraded Federal Realty Investment Trust from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $120.00 to $135.00 in a research note on Friday, September 13th. JPMorgan Chase & Co. increased their price target on Federal Realty Investment Trust from $121.00 to $122.00 and gave the company a "neutral" rating in a report on Tuesday, November 12th. Finally, Truist Financial boosted their target price on shares of Federal Realty Investment Trust from $115.00 to $121.00 and gave the company a "buy" rating in a research report on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $123.38.

Federal Realty Investment Trust Company Profile

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.