Federal Realty Investment Trust (FRT) Given Average Rating of “Buy” by Brokerages

Shares of Federal Realty Investment Trust (NYSE:FRT) have earned a consensus rating of “Buy” from the eighteen analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $135.00.

A number of equities research analysts recently commented on FRT shares. Jefferies Group set a $133.00 target price on Federal Realty Investment Trust and gave the company a “hold” rating in a research report on Tuesday, February 13th. Stifel Nicolaus reiterated a “buy” rating and issued a $130.00 target price (down previously from $144.00) on shares of Federal Realty Investment Trust in a research report on Wednesday, February 14th. SunTrust Banks reiterated a “hold” rating and issued a $123.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, April 3rd. Boenning Scattergood set a $140.00 target price on Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Thursday, February 15th. Finally, BMO Capital Markets set a $142.00 target price on Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Tuesday, February 13th.

NYSE FRT traded down $1.86 during trading hours on Thursday, reaching $114.45. The stock had a trading volume of 70,581 shares, compared to its average volume of 523,714. The firm has a market cap of $8,472.79, a P/E ratio of 19.37, a P/E/G ratio of 3.13 and a beta of 0.25. Federal Realty Investment Trust has a 52-week low of $106.41 and a 52-week high of $138.12. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.25.



Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Tuesday, February 13th. The real estate investment trust reported $1.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.57. The firm had revenue of $223.96 million for the quarter, compared to analyst estimates of $218.68 million. Federal Realty Investment Trust had a return on equity of 12.68% and a net margin of 33.81%. During the same quarter in the prior year, the firm earned $0.80 earnings per share. research analysts expect that Federal Realty Investment Trust will post 6.17 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Wednesday, March 14th will be given a $1.00 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $4.00 annualized dividend and a yield of 3.49%. Federal Realty Investment Trust’s dividend payout ratio is presently 67.68%.

In other Federal Realty Investment Trust news, insider Donald C. Wood sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $117.76, for a total value of $3,532,800.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in FRT. Renaissance Technologies LLC boosted its position in Federal Realty Investment Trust by 1,891.5% in the 4th quarter. Renaissance Technologies LLC now owns 233,000 shares of the real estate investment trust’s stock worth $30,945,000 after purchasing an additional 221,300 shares in the last quarter. APG Asset Management US Inc. raised its stake in shares of Federal Realty Investment Trust by 16.1% during the 4th quarter. APG Asset Management US Inc. now owns 963,500 shares of the real estate investment trust’s stock worth $127,962,000 after buying an additional 133,947 shares during the period. Millennium Management LLC raised its stake in shares of Federal Realty Investment Trust by 520.0% during the 4th quarter. Millennium Management LLC now owns 151,677 shares of the real estate investment trust’s stock worth $20,144,000 after buying an additional 127,214 shares during the period. BlackRock Inc. raised its stake in shares of Federal Realty Investment Trust by 1.6% during the 4th quarter. BlackRock Inc. now owns 7,899,850 shares of the real estate investment trust’s stock worth $1,049,178,000 after buying an additional 126,701 shares during the period. Finally, Strs Ohio raised its stake in shares of Federal Realty Investment Trust by 37.8% during the 4th quarter. Strs Ohio now owns 423,492 shares of the real estate investment trust’s stock worth $56,243,000 after buying an additional 116,113 shares during the period. Institutional investors and hedge funds own 97.76% of the company’s stock.

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Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply.

Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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