Van Lanschot Kempen Investment Management N.V. Sells 6,069 Shares of Federal Realty Investment Trust (NYSE:FRT)

Van Lanschot Kempen Investment Management N.V. lessened its holdings in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,781 shares of the real estate investment trust's stock after selling 6,069 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned approximately 0.18% of Federal Realty Investment Trust worth $16,432,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Barclays PLC lifted its position in Federal Realty Investment Trust by 3.4% in the 3rd quarter. Barclays PLC now owns 132,497 shares of the real estate investment trust's stock worth $15,232,000 after buying an additional 4,324 shares in the last quarter. Sanctuary Advisors LLC boosted its position in Federal Realty Investment Trust by 45.3% during the third quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust's stock valued at $373,000 after purchasing an additional 1,012 shares during the last quarter. World Investment Advisors LLC purchased a new position in Federal Realty Investment Trust in the third quarter valued at about $221,000. Tidal Investments LLC grew its stake in Federal Realty Investment Trust by 6.2% in the third quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust's stock valued at $297,000 after purchasing an additional 153 shares in the last quarter. Finally, Retirement Systems of Alabama increased its position in Federal Realty Investment Trust by 0.4% in 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 purchasing an additional 244 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Truist Financial cut Federal Realty Investment Trust from a "buy" rating to a "hold" rating and lowered their price target for the company from $114.00 to $105.00 in a research note on Thursday, March 13th. StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Scotiabank cut their price target on shares of Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating on the stock in a report on Wednesday. Raymond James decreased their price objective on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Finally, Stifel Nicolaus lowered their target price on shares of 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. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

Federal Realty Investment Trust Stock Performance

NYSE:FRT traded down $1.09 during mid-day trading on Friday, hitting $94.42. 418,256 shares of the company's stock traded hands, compared to its average volume of 679,142. The firm has a 50 day moving average of $96.73 and a two-hundred day moving average of $106.11. The firm has a market capitalization of $8.10 billion, a price-to-earnings ratio of 27.53, a price-to-earnings-growth ratio of 2.20 and a beta of 1.08. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. 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 issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting analysts' consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. On average, equities analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 4.66%. The ex-dividend date was Tuesday, April 1st. Federal Realty Investment Trust's payout ratio is presently 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.