Federal Realty Investment Trust (NYSE:FRT) Given Average Rating of “Moderate Buy” by Analysts

Federal Realty Investment Trust (NYSE:FRT) has received a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $123.92.

FRT has been the topic of several research analyst reports. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their target price for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Scotiabank increased their price target on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Finally, StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, January 16th.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several large investors have recently added to or reduced their stakes in FRT. NBC Securities Inc. raised its holdings in shares of Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 107 shares during the last quarter. CWM LLC grew its position in Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 110 shares in the last quarter. Park Avenue Securities LLC increased its stake in Federal Realty Investment Trust by 2.7% in the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 125 shares during the last quarter. M&T Bank Corp lifted its position in shares of Federal Realty Investment Trust by 1.5% during the 3rd quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust’s stock worth $1,123,000 after buying an additional 149 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in shares of Federal Realty Investment Trust by 6.2% in the 3rd quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust’s stock worth $297,000 after buying an additional 153 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

FRT stock opened at $106.48 on Monday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The firm has a market cap of $8.83 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 1.92 and a beta of 1.25. The company’s fifty day simple moving average is $110.70 and its 200 day simple moving average is $112.10. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.13%. The ex-dividend date was Thursday, January 2nd. Federal Realty Investment Trust’s payout ratio is presently 127.91%.

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.