Atria Wealth Solutions Inc. Invests $294,000 in Federal Realty Investment Trust (NYSE:FRT)

Atria Wealth Solutions Inc. bought a new position in Federal Realty Investment Trust (NYSE:FRT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,623 shares of the real estate investment trust’s stock, valued at approximately $294,000.

Other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new position in shares of Federal Realty Investment Trust in the third quarter worth approximately $36,000. Venturi Wealth Management LLC increased its position in shares of Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 333 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its position in shares of Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after acquiring an additional 137 shares in the last quarter. Blue Trust Inc. increased its position in shares of Federal Realty Investment Trust by 14.5% in the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $159,000 after acquiring an additional 175 shares in the last quarter. Finally, National Bank of Canada FI increased its position in shares of Federal Realty Investment Trust by 6,700.0% in the third quarter. National Bank of Canada FI now owns 1,700 shares of the real estate investment trust’s stock worth $195,000 after acquiring an additional 1,675 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Price Performance

NYSE FRT opened at $105.54 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 stock has a market capitalization of $9.04 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 2.20 and a beta of 1.24. The company has a 50 day moving average price of $107.64 and a two-hundred day moving average price of $111.67. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm had revenue of $311.44 million during the quarter, compared to analysts’ expectations of $311.85 million. As a group, equities analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s payout ratio is 128.28%.

Analysts Set New Price Targets

Several research firms recently commented on FRT. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. JPMorgan Chase & Co. upgraded shares of 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 report on Friday, December 20th. Mizuho decreased their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating for the company in a report on Tuesday. Wells Fargo & Company decreased their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Finally, Scotiabank decreased their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating for the company in a report on Friday. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $121.85.

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.