Federal Realty Investment Trust (NYSE:FRT) Stock Rating Upgraded by StockNews.com

Federal Realty Investment Trust (NYSE:FRT) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.

Other research analysts also recently issued reports about the company. Scotiabank raised their price target 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. 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. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $123.62.

Federal Realty Investment Trust Trading Down 0.1 %

Federal Realty Investment Trust stock opened at $103.88 on Thursday. The company has a market cap of $8.62 billion, a price-to-earnings ratio of 30.20, a P/E/G ratio of 2.17 and a beta of 1.25. The firm has a 50-day moving average of $111.88 and a 200-day moving average of $111.80. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several institutional investors and hedge funds have recently modified their holdings of FRT. Commonwealth Equity Services LLC boosted its holdings in shares of Federal Realty Investment Trust by 4.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 6,522 shares of the real estate investment trust’s stock worth $659,000 after buying an additional 303 shares during the period. American Century Companies Inc. boosted its holdings in shares of Federal Realty Investment Trust by 7.0% during the second quarter. American Century Companies Inc. now owns 28,247 shares of the real estate investment trust’s stock worth $2,852,000 after acquiring an additional 1,849 shares during the period. DekaBank Deutsche Girozentrale boosted its holdings in shares of Federal Realty Investment Trust by 1,242.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 25,862 shares of the real estate investment trust’s stock worth $2,606,000 after acquiring an additional 23,935 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Federal Realty Investment Trust by 9.4% in the second quarter. Envestnet Asset Management Inc. now owns 77,126 shares of the real estate investment trust’s stock valued at $7,787,000 after purchasing an additional 6,654 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Federal Realty Investment Trust by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,138,967 shares of the real estate investment trust’s stock worth $115,000,000 after purchasing an additional 8,933 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.