Jones Financial Companies Lllp Has $267,000 Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Jones Financial Companies Lllp boosted its stake in Federal Realty Investment Trust (NYSE:FRT) by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,389 shares of the real estate investment trust’s stock after purchasing an additional 332 shares during the quarter. Jones Financial Companies Lllp’s holdings in Federal Realty Investment Trust were worth $267,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. grew its stake in shares of Federal Realty Investment Trust by 8.7% during the third 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 last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Federal Realty Investment Trust during the 3rd quarter valued at $226,000. Los Angeles Capital Management LLC grew its position in Federal Realty Investment Trust by 1,244.6% during the 3rd quarter. Los Angeles Capital Management LLC now owns 29,137 shares of the real estate investment trust’s stock worth $3,350,000 after acquiring an additional 26,970 shares during the last quarter. Apollon Wealth Management LLC grew its position in Federal Realty Investment Trust by 5.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 3,123 shares of the real estate investment trust’s stock worth $359,000 after acquiring an additional 167 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in Federal Realty Investment Trust in the 3rd quarter worth about $1,437,000. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of NYSE:FRT opened at $97.03 on Thursday. The firm’s 50 day moving average price is $106.07 and its 200-day moving average price is $111.03. The stock has a market capitalization of $8.31 billion, a PE ratio of 28.29, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. Federal Realty Investment Trust has a twelve month low of $95.97 and a twelve month high of $118.34. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The company had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Equities research analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current 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 given a $1.10 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.53%. Federal Realty Investment Trust’s payout ratio is presently 128.28%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Stifel Nicolaus decreased their price target on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research report on Friday, February 14th. Scotiabank decreased their price objective on 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. JPMorgan Chase & Co. lowered their target price 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 reduced their price target on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. Finally, Mizuho decreased their price target on 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. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus target price of $121.00.

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.