Vert Asset Management LLC Has $3.70 Million Holdings in Federal Realty Investment Trust (NYSE:FRT)

Vert Asset Management LLC increased its position in Federal Realty Investment Trust (NYSE:FRT) by 12.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,024 shares of the real estate investment trust’s stock after acquiring an additional 3,617 shares during the quarter. Federal Realty Investment Trust comprises about 1.3% of Vert Asset Management LLC’s investment portfolio, making the stock its 24th biggest position. Vert Asset Management LLC’s holdings in Federal Realty Investment Trust were worth $3,697,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Public Sector Pension Investment Board increased its stake in shares of Federal Realty Investment Trust by 14.5% in the second quarter. Public Sector Pension Investment Board now owns 12,615 shares of the real estate investment trust’s stock worth $1,274,000 after purchasing an additional 1,598 shares during the period. Squarepoint Ops LLC increased its position in Federal Realty Investment Trust by 98.8% in the 2nd quarter. Squarepoint Ops LLC now owns 67,427 shares of the real estate investment trust’s stock worth $6,808,000 after buying an additional 33,502 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 15.0% during the second quarter. AQR Capital Management LLC now owns 89,717 shares of the real estate investment trust’s stock worth $8,983,000 after buying an additional 11,691 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 304.0% during the second quarter. Millennium Management LLC now owns 415,603 shares of the real estate investment trust’s stock worth $41,963,000 after buying an additional 312,726 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC boosted its position in shares of Federal Realty Investment Trust by 7.6% in the second quarter. Susquehanna Fundamental Investments LLC now owns 6,926 shares of the real estate investment trust’s stock valued at $699,000 after acquiring an additional 489 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

FRT has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded shares of 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 note on Friday, December 20th. Scotiabank upped their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research 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. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and an average target price of $123.92.

Federal Realty Investment Trust Price Performance

Federal Realty Investment Trust stock opened at $110.00 on Tuesday. The business has a 50 day simple moving average of $110.65 and a 200 day simple moving average of $112.14. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The company has a market capitalization of $9.12 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were paid a $1.10 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $4.40 annualized dividend and a dividend yield of 4.00%. Federal Realty Investment Trust’s dividend payout ratio is presently 127.91%.

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.