Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,041,061 shares of the real estate investment trust's stock after buying an additional 218,671 shares during the quarter. Vanguard Group Inc. owned about 15.72% of Federal Realty Investment Trust worth $1,459,947,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FRT. Commerce Bank acquired a new stake in shares of Federal Realty Investment Trust in the third quarter worth $219,000. Cerity Partners LLC grew its position in Federal Realty Investment Trust by 47.0% during the 3rd quarter. Cerity Partners LLC now owns 4,382 shares of the real estate investment trust's stock worth $504,000 after purchasing an additional 1,401 shares during the period. Bank of Montreal Can raised its stake in shares of Federal Realty Investment Trust by 0.6% during the 3rd quarter. Bank of Montreal Can now owns 184,297 shares of the real estate investment trust's stock valued at $21,080,000 after buying an additional 1,039 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Federal Realty Investment Trust by 5.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 48,522 shares of the real estate investment trust's stock valued at $5,579,000 after buying an additional 2,383 shares during the period. Finally, FMR LLC boosted its stake in shares of Federal Realty Investment Trust by 667.2% in the third quarter. FMR LLC now owns 572,809 shares of the real estate investment trust's stock worth $65,856,000 after buying an additional 498,146 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Wells Fargo & Company reduced their price target on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. Stifel Nicolaus cut their target price 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 reiterated a "neutral" rating and issued a $106.00 target price (down from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday. Scotiabank dropped their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $116.62.

Federal Realty Investment Trust Price Performance

Federal Realty Investment Trust stock traded down $0.92 during midday trading on Tuesday, reaching $96.90. The company had a trading volume of 1,035,797 shares, compared to its average volume of 646,061. Federal Realty Investment Trust has a 12-month low of $94.58 and a 12-month high of $118.34. The firm's fifty day simple moving average is $103.63 and its 200-day simple moving average is $109.20. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market capitalization of $8.30 billion, a P/E ratio of 28.25, a P/E/G ratio of 2.20 and a beta of 1.27.

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 (EPS) for the quarter, hitting analysts' consensus estimates of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The firm had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. As a group, equities analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is 128.28%.

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.