Blair William & Co. IL Has $300,000 Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Blair William & Co. IL increased its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 49.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,683 shares of the real estate investment trust’s stock after buying an additional 891 shares during the quarter. Blair William & Co. IL’s holdings in Federal Realty Investment Trust were worth $300,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in FRT. JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 168,885 shares in the last quarter. Vert Asset Management LLC increased its stake in Federal Realty Investment Trust by 12.3% during the 4th quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust’s stock worth $3,697,000 after purchasing an additional 3,617 shares in the last quarter. Principal Financial Group Inc. raised its holdings 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 buying an additional 7,501 shares during the period. Blue Trust Inc. lifted its stake in 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 valued at $159,000 after buying an additional 175 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of Federal Realty Investment Trust by 45.3% in the third quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust’s stock valued at $373,000 after buying an additional 1,012 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Mizuho dropped their price objective 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. Truist Financial downgraded Federal Realty Investment Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $114.00 to $105.00 in a research note on Thursday, March 13th. JPMorgan Chase & Co. reduced 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, March 7th. Wells Fargo & Company cut their target price on Federal Realty Investment Trust from $125.00 to $113.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 26th. 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 research note on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $116.00.

Federal Realty Investment Trust Stock Performance

Shares of FRT stock opened at $88.98 on Friday. The company has a market capitalization of $7.62 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 2.20 and a beta of 1.27. 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 52 week low of $88.71 and a 52 week high of $118.34. The company has a 50-day simple moving average of $102.73 and a 200 day simple moving average of $108.68.

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

Federal Realty Investment Trust Dividend Announcement

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