Vest Financial LLC Acquires 43,917 Shares of Federal Realty Investment Trust (NYSE:FRT)

Vest Financial LLC increased its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 9.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 498,244 shares of the real estate investment trust's stock after purchasing an additional 43,917 shares during the quarter. Federal Realty Investment Trust makes up approximately 1.0% of Vest Financial LLC's portfolio, making the stock its 27th largest position. Vest Financial LLC owned about 0.60% of Federal Realty Investment Trust worth $55,778,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FRT. JPMorgan Chase & Co. increased its holdings in Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after buying an additional 168,885 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust's stock worth $10,727,000 after purchasing an additional 7,501 shares during the last quarter. Meridian Wealth Management LLC acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth $1,322,000. Vert Asset Management LLC raised its holdings in shares of Federal Realty Investment Trust by 12.3% during the 4th quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust's stock valued at $3,697,000 after purchasing an additional 3,617 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of Federal Realty Investment Trust by 45.3% in the 3rd 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. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Price Performance

NYSE FRT traded down $0.46 during trading on Wednesday, reaching $110.51. 707,051 shares of the company traded hands, compared to its average volume of 682,495. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The company has a market cap of $9.17 billion, a price-to-earnings ratio of 32.13, a P/E/G ratio of 2.34 and a beta of 1.24. The stock's 50 day moving average price is $109.28 and its two-hundred day moving average price is $112.18. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on FRT shares. JPMorgan Chase & Co. raised 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 report on Friday, December 20th. Wells Fargo & Company lowered their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 29th. StockNews.com cut Federal Realty Investment Trust from a "hold" rating to a "sell" rating in a research report on Friday, January 31st. Finally, Scotiabank raised their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a "sector outperform" rating in a report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has an average rating of "Moderate Buy" and a consensus price target 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.