Federal Realty Investment Trust (NYSE:FRT) Position Lessened by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,159 shares of the real estate investment trust’s stock after selling 104 shares during the period. Mutual of America Capital Management LLC’s holdings in Federal Realty Investment Trust were worth $1,025,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FRT. Brooklyn Investment Group acquired a new stake in shares of Federal Realty Investment Trust in the 3rd quarter valued at $36,000. Venturi Wealth Management LLC grew 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 valued at $53,000 after purchasing an additional 333 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of Federal Realty Investment Trust by 11.5% during 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 buying an additional 137 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Federal Realty Investment Trust by 14.5% during the 4th quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $159,000 after purchasing an additional 175 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in Federal Realty Investment Trust by 11.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

Shares of Federal Realty Investment Trust stock opened at $101.21 on Monday. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $8.67 billion, a PE ratio of 29.51, a PEG ratio of 2.20 and a beta of 1.27. The stock’s fifty day simple moving average is $106.56 and its 200 day simple moving average is $111.27.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. The business had revenue of $311.44 million for the quarter, compared to analysts’ expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, research analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.35%. Federal Realty Investment Trust’s payout ratio is presently 128.28%.

Analyst Ratings Changes

FRT has been the topic of a number of research reports. Stifel Nicolaus lowered their price objective on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Wells Fargo & Company cut their target price 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. Raymond James reduced their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. JPMorgan Chase & Co. cut their price objective on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating for the company in a research report on Friday. Finally, StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $121.00.

Federal Realty Investment Trust 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.