Federal Realty Investment Trust (NYSE:FRT) Shares Bought by World Investment Advisors

World Investment Advisors raised its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 305.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,778 shares of the real estate investment trust's stock after buying an additional 5,860 shares during the period. World Investment Advisors' holdings in Federal Realty Investment Trust were worth $871,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in FRT. Venturi Wealth Management LLC raised its stake in shares of Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock worth $53,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Federal Realty Investment Trust by 25.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock valued at $62,000 after acquiring an additional 111 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in Federal Realty Investment Trust by 592.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust's stock worth $77,000 after acquiring an additional 592 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at about $91,000. Finally, Hopwood Financial Services Inc. purchased a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at about $101,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

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Federal Realty Investment Trust Trading Up 1.5 %

Federal Realty Investment Trust stock traded up $1.32 during trading on Friday, reaching $90.28. The company had a trading volume of 949,417 shares, compared to its average volume of 672,923. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market capitalization of $7.74 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 2.20 and a beta of 1.08. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.34. The stock's 50 day moving average price is $99.81 and its two-hundred day moving average price is $107.37.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. The company had revenue of $311.44 million during the quarter, compared to analysts' expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. As a group, equities analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.87%. Federal Realty Investment Trust's dividend payout ratio (DPR) is 128.28%.

Analysts Set New Price Targets

FRT has been the subject of several research reports. JPMorgan Chase & Co. cut their price objective on 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. Raymond James cut their price target on 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. Wells Fargo & Company reduced their price objective on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Stifel Nicolaus dropped their price objective on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a research report on Friday, February 14th. Finally, Truist Financial lowered shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their target price for the company from $114.00 to $105.00 in a report on Thursday, March 13th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $116.00.

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.