Federal Realty Investment Trust (NYSE:FRT) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lowered its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 37.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,027 shares of the real estate investment trust’s stock after selling 1,217 shares during the period. Sanctuary Advisors LLC’s holdings in Federal Realty Investment Trust were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC lifted its stake in Federal Realty Investment Trust by 26.3% during the third quarter. Private Advisor Group LLC now owns 3,390 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 706 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of Federal Realty Investment Trust by 12.7% in the 3rd quarter. Van ECK Associates Corp now owns 35,370 shares of the real estate investment trust’s stock valued at $4,047,000 after buying an additional 3,992 shares during the period. Asset Management One Co. Ltd. lifted its stake in Federal Realty Investment Trust by 0.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 111,230 shares of the real estate investment trust’s stock worth $12,788,000 after acquiring an additional 752 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock worth $10,727,000 after acquiring an additional 7,501 shares in the last quarter. Finally, JB Capital LLC boosted its holdings in Federal Realty Investment Trust by 7.1% during the 3rd quarter. JB Capital LLC now owns 14,560 shares of the real estate investment trust’s stock valued at $1,674,000 after acquiring an additional 969 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on FRT. Mizuho reduced their target price on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. upgraded 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 research note on Friday, December 20th. Raymond James lowered their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. StockNews.com raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Finally, Wells Fargo & Company lowered their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $121.85.

Federal Realty Investment Trust Stock Up 0.5 %

NYSE:FRT opened at $103.55 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market capitalization of $8.87 billion, a price-to-earnings ratio of 30.19, a price-to-earnings-growth ratio of 2.20 and a beta of 1.24. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The stock has a 50-day simple moving average of $107.18 and a 200 day simple moving average of $111.49.

Federal Realty Investment Trust (NYSE:FRT) last issued 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 analyst estimates of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. Sell-side analysts predict that Federal Realty Investment Trust will post 7.15 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. Stockholders of record on Tuesday, April 1st will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.25%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 128.28%.

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.