KBC Group NV Has $301,000 Stake in Federal Realty Investment Trust (NYSE:FRT)

KBC Group NV boosted its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 39.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,693 shares of the real estate investment trust’s stock after purchasing an additional 764 shares during the period. KBC Group NV’s holdings in Federal Realty Investment Trust were worth $301,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. NBC Securities Inc. boosted its holdings 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 buying an additional 107 shares during the period. CWM LLC lifted its holdings in shares of Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock worth $129,000 after acquiring an additional 110 shares during the period. Park Avenue Securities LLC boosted its holdings 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 purchasing an additional 125 shares in the last quarter. M&T Bank Corp grew its position 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 acquiring an additional 149 shares during the period. Finally, Tidal Investments LLC lifted its holdings in Federal Realty Investment Trust by 6.2% during 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 during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FRT. Wells Fargo & Company dropped their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Scotiabank lifted their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a research note on Monday, November 25th. Finally, StockNews.com lowered Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $124.17.

Federal Realty Investment Trust Stock Down 0.3 %

Shares of FRT stock opened at $108.26 on Tuesday. The company has a market capitalization of $8.98 billion, a price-to-earnings ratio of 31.47, a P/E/G ratio of 2.00 and a beta of 1.24. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The firm has a fifty day moving average of $110.05 and a 200-day moving average of $112.14. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48.

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.