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

Federal Realty Investment Trust (NYSE:FRT) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Friday.

A number of other analysts have also recently weighed in on FRT. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Wells Fargo & Company reduced their price objective 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. Raymond James reduced their price objective on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday. Stifel Nicolaus reduced their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Finally, Scotiabank boosted their price objective on shares of 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. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $123.23.

Federal Realty Investment Trust Stock Performance

FRT stock opened at $104.52 on Friday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $8.96 billion, a price-to-earnings ratio of 30.47, a P/E/G ratio of 2.21 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 50 day moving average of $108.40 and a two-hundred day moving average of $111.91.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The company had revenue of $311.44 million during the quarter, compared to the consensus estimate 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 anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Hedge Funds Weigh In On Federal Realty Investment Trust

A number of hedge funds have recently made changes to their positions in FRT. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at $36,000. Kapitalo Investimentos Ltda acquired a new position in shares of Federal Realty Investment Trust in the 4th quarter valued at $51,000. Eastern Bank acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at $52,000. Venturi Wealth Management LLC raised its stake in shares of Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 333 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Federal Realty Investment Trust by 25.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 111 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

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.