3,898 Shares in Federal Realty Investment Trust (NYSE:FRT) Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC acquired a new position in Federal Realty Investment Trust (NYSE:FRT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,898 shares of the real estate investment trust’s stock, valued at approximately $436,000.

Several other large investors also recently bought and sold shares of the business. Stephens Inc. AR increased its holdings in Federal Realty Investment Trust by 3.6% in the 4th quarter. Stephens Inc. AR now owns 4,196 shares of the real estate investment trust’s stock worth $470,000 after buying an additional 144 shares in the last quarter. Empowered Funds LLC bought a new stake in Federal Realty Investment Trust in the 4th quarter worth about $316,000. Vest Financial LLC grew its stake in shares of Federal Realty Investment Trust by 9.7% during the 4th quarter. Vest Financial LLC now owns 498,244 shares of the real estate investment trust’s stock valued at $55,778,000 after purchasing an additional 43,917 shares during the period. Global X Japan Co. Ltd. grew its stake in shares of Federal Realty Investment Trust by 16.1% during the 4th quarter. Global X Japan Co. Ltd. now owns 4,566 shares of the real estate investment trust’s stock valued at $511,000 after purchasing an additional 632 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Federal Realty Investment Trust by 4.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,665 shares of the real estate investment trust’s stock valued at $2,313,000 after purchasing an additional 911 shares during the period. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Stock Down 6.1 %

NYSE FRT opened at $105.03 on Monday. The stock’s 50 day moving average is $109.06 and its 200 day moving average is $112.12. 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 12 month low of $95.97 and a 12 month high of $118.34. The stock has a market cap of $8.71 billion, a PE ratio of 30.53, a P/E/G ratio of 2.34 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a return on equity of 10.01% and a net margin of 24.67%. The company had revenue of $311.44 million for the quarter, compared to analysts’ expectations of $311.85 million. Research analysts predict that Federal Realty Investment Trust will post 6.77 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $1.10 dividend. 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 4.19%. Federal Realty Investment Trust’s dividend payout ratio is presently 127.91%.

Wall Street Analysts Forecast Growth

FRT has been the subject of a number of recent research reports. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, February 12th. Stifel Nicolaus cut their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research note on Friday. Scotiabank boosted 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. Wells Fargo & Company cut their price target on 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. Finally, JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $123.46.

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.