Vert Asset Management LLC Has $3.70 Million Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Vert Asset Management LLC raised its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 12.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,024 shares of the real estate investment trust's stock after acquiring an additional 3,617 shares during the period. Federal Realty Investment Trust makes up 1.3% of Vert Asset Management LLC's investment portfolio, making the stock its 24th biggest holding. Vert Asset Management LLC's holdings in Federal Realty Investment Trust were worth $3,697,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. NBC Securities Inc. raised its position in shares of Federal Realty Investment Trust by 81.7% during the 3rd 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 last quarter. CWM LLC boosted its holdings in shares of Federal Realty Investment Trust by 10.9% during the third quarter. CWM LLC now owns 1,121 shares of the real estate investment trust's stock worth $129,000 after purchasing an additional 110 shares during the last quarter. Park Avenue Securities LLC grew its position in Federal Realty Investment Trust by 2.7% during the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock valued at $533,000 after acquiring an additional 125 shares during the period. M&T Bank Corp boosted its holdings in Federal Realty Investment Trust by 1.5% in the third quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust's stock valued at $1,123,000 after purchasing an additional 149 shares during the last quarter. Finally, Tidal Investments LLC raised its position in shares of Federal Realty Investment Trust by 6.2% in the 3rd 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. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Down 1.2 %

NYSE FRT traded down $1.28 during trading on Tuesday, reaching $108.66. The company's stock had a trading volume of 239,136 shares, compared to its average volume of 607,785. The stock has a market capitalization of $9.01 billion, a PE ratio of 31.58, a PEG ratio of 1.92 and a beta of 1.25. The business has a 50-day moving average price of $110.65 and a 200-day moving average price of $112.14. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.05%. The ex-dividend date was Thursday, January 2nd. Federal Realty Investment Trust's payout ratio is 127.91%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Scotiabank upped their target price on shares of 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. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Finally, StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $123.92.

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.