Federal Realty Investment Trust (NYSE:FRT) Shares Acquired by LPL Financial LLC

LPL Financial LLC increased its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 17.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 83,289 shares of the real estate investment trust’s stock after purchasing an additional 12,387 shares during the period. LPL Financial LLC owned 0.10% of Federal Realty Investment Trust worth $9,324,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after buying an additional 168,885 shares during the period. Geode Capital Management LLC lifted its position in Federal Realty Investment Trust by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock worth $224,565,000 after acquiring an additional 7,160 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Federal Realty Investment Trust by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,285,189 shares of the real estate investment trust’s stock worth $143,877,000 after acquiring an additional 37,274 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its position in Federal Realty Investment Trust by 8.1% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 811,945 shares of the real estate investment trust’s stock valued at $90,897,000 after acquiring an additional 60,671 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Federal Realty Investment Trust by 1,463.8% during the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after purchasing an additional 572,008 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FRT shares. Scotiabank lowered 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, February 28th. Stifel Nicolaus lowered their price objective 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, February 14th. JPMorgan Chase & Co. dropped their price objective on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Wells Fargo & Company reduced their target price on Federal Realty Investment Trust from $125.00 to $113.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Finally, Mizuho dropped 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 research note on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $116.62.

Federal Realty Investment Trust Stock Down 4.0 %

Shares of NYSE:FRT opened at $88.98 on Friday. The company’s fifty day moving average is $102.73 and its two-hundred day moving average is $108.68. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. Federal Realty Investment Trust has a 1-year low of $88.71 and a 1-year high of $118.34. The stock has a market capitalization of $7.62 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting the consensus estimate 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 for the quarter, compared to analyst estimates of $311.85 million. Equities analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.95%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is presently 128.28%.

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.