Federal Realty Investment Trust (NYSE:FRT) Holdings Decreased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 11.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 124,629 shares of the real estate investment trust's stock after selling 16,912 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.15% of Federal Realty Investment Trust worth $13,952,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. NBC Securities Inc. raised its stake 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 purchasing an additional 107 shares during the period. Brooklyn Investment Group acquired a new position in Federal Realty Investment Trust during the 3rd quarter worth approximately $36,000. Eastern Bank acquired a new position in Federal Realty Investment Trust during the 3rd quarter worth approximately $52,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Federal Realty Investment Trust by 2,475.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust's stock worth $71,000 after acquiring an additional 594 shares in the last quarter. Finally, CWM LLC grew its holdings in Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock worth $129,000 after acquiring an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Scotiabank boosted their price target on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a report on Monday, November 25th. Wells Fargo & Company cut their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating for the company in a research report on Wednesday, January 29th. 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. StockNews.com upgraded shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $123.46.

Federal Realty Investment Trust Trading Down 6.1 %

Shares of FRT traded down $6.79 during mid-day trading on Friday, hitting $105.03. The company had a trading volume of 1,771,952 shares, compared to its average volume of 671,837. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The business's 50-day simple moving average is $109.06 and its 200-day simple moving average is $112.12. 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 stock has a market cap of $8.71 billion, a PE ratio of 30.53, a P/E/G ratio of 2.34 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.67% and a return on equity of 10.01%. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Sell-side analysts forecast that Federal Realty Investment Trust will post 6.77 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. Shareholders of record on Tuesday, April 1st will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio is presently 127.91%.

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.