Federated Investors Inc. PA Has $760,000 Position in Federal Realty Investment Trust (FRT)

Federated Investors Inc. PA cut its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,344 shares of the real estate investment trust’s stock after selling 346 shares during the period. Federated Investors Inc. PA’s holdings in Federal Realty Investment Trust were worth $760,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. TLP Group LLC purchased a new position in shares of Federal Realty Investment Trust during the third quarter valued at approximately $117,000. Global X Management Co. LLC increased its position in shares of Federal Realty Investment Trust by 63.2% in the third quarter. Global X Management Co. LLC now owns 1,234 shares of the real estate investment trust’s stock valued at $190,000 after buying an additional 478 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Federal Realty Investment Trust by 1,643.4% in the third quarter. Tower Research Capital LLC TRC now owns 1,325 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 1,249 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Federal Realty Investment Trust by 49.6% in the third quarter. Victory Capital Management Inc. now owns 1,354 shares of the real estate investment trust’s stock valued at $208,000 after buying an additional 449 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. purchased a new position in shares of Federal Realty Investment Trust during the third quarter valued at approximately $212,000. 90.81% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 134.44 on Tuesday. The stock’s 50 day moving average is $137.73 and its 200-day moving average is $143.44. Federal Realty Investment Trust has a 12-month low of $126.02 and a 12-month high of $171.08. The company has a market capitalization of $9.69 billion, a P/E ratio of 38.41 and a beta of 0.31.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Monday, February 13th. The real estate investment trust reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.01. Federal Realty Investment Trust had a return on equity of 10.89% and a net margin of 31.18%. The company had revenue of $204.10 million for the quarter, compared to analyst estimates of $203.74 million. During the same period in the prior year, the firm posted $1.37 EPS. The business’s revenue was up 6.0% compared to the same quarter last year. Analysts anticipate that Federal Realty Investment Trust will post $3.20 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 17th. Shareholders of record on Tuesday, March 14th will be given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 2.92%. The ex-dividend date is Friday, March 10th. Federal Realty Investment Trust’s payout ratio is currently 112.00%.

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FRT has been the subject of several analyst reports. Sandler O’Neill raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 price target for the company in a report on Monday, March 13th. Mizuho reissued a “buy” rating on shares of Federal Realty Investment Trust in a report on Friday, December 23rd. Citigroup Inc raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating in a report on Tuesday, December 13th. Finally, Zacks Investment Research raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Tuesday, November 29th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $161.30.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

5 Day Chart for NYSE:FRT

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