Vanderbilt University Takes $494,000 Position in Federal Realty Investment Trust (NYSE:FRT)

Vanderbilt University bought a new stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,413 shares of the real estate investment trust's stock, valued at approximately $494,000.

A number of other institutional investors have also recently added to or reduced their stakes in FRT. NBC Securities Inc. boosted its stake in shares of Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 107 shares during the period. CWM LLC lifted its holdings in Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock worth $129,000 after buying an additional 110 shares in the last quarter. Park Avenue Securities LLC boosted its position in Federal Realty Investment Trust by 2.7% in the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock valued at $533,000 after buying an additional 125 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its stake in shares of Federal Realty Investment Trust by 11.5% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust's stock valued at $149,000 after acquiring an additional 137 shares in the last quarter. Finally, M&T Bank Corp increased its position in shares of Federal Realty Investment Trust by 1.5% during the third quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust's stock worth $1,123,000 after acquiring an additional 149 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of NYSE FRT traded up $0.29 during mid-day trading on Friday, hitting $111.01. The company had a trading volume of 721,173 shares, compared to its average volume of 671,837. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 2.34 and a beta of 1.24. 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 firm's 50 day simple moving average is $109.49 and its two-hundred day simple moving average is $112.11.

Wall Street Analysts Forecast Growth

FRT has been the subject of a number of recent analyst reports. Scotiabank raised their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a "sector outperform" rating in a research note on Monday, November 25th. Wells Fargo & Company reduced their target price on Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating for the company in a research note on Wednesday, January 29th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Finally, StockNews.com downgraded shares of Federal Realty Investment Trust from a "hold" rating to a "sell" rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $124.17.

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.