Cambridge Investment Research Advisors Inc. Raises Holdings in Federal Realty Investment Trust (NYSE:FRT)

Cambridge Investment Research Advisors Inc. lifted its stake in shares of Federal Realty Investment Trust (NYSE:FRT – Get Rating) by 45.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,040 shares of the real estate investment trust’s stock after purchasing an additional 1,566 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Federal Realty Investment Trust were worth $509,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. raised its stake in shares of Federal Realty Investment Trust by 237.0% during the 1st quarter. Brown Brothers Harriman & Co. now owns 337 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 237 shares during the period. Parkside Financial Bank & Trust bought a new stake in shares of Federal Realty Investment Trust during the 1st quarter valued at $60,000. Dupont Capital Management Corp raised its stake in shares of Federal Realty Investment Trust by 168.2% during the 4th quarter. Dupont Capital Management Corp now owns 869 shares of the real estate investment trust’s stock valued at $88,000 after purchasing an additional 545 shares during the period. Lazard Asset Management LLC raised its stake in shares of Federal Realty Investment Trust by 78.4% during the 1st quarter. Lazard Asset Management LLC now owns 1,088 shares of the real estate investment trust’s stock valued at $132,000 after purchasing an additional 478 shares during the period. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Federal Realty Investment Trust by 99.3% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,140 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 568 shares during the period. 86.20% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Price Performance

Shares of Federal Realty Investment Trust stock opened at $85.92 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $7.00 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 2.15 and a beta of 1.19. The business’s 50-day moving average price is $94.45 and its 200-day moving average price is $102.32. Federal Realty Investment Trust has a 12 month low of $85.27 and a 12 month high of $116.05.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Stockholders of record on Thursday, June 22nd will be given a dividend of $1.08 per share. The ex-dividend date of this dividend is Wednesday, June 21st. This represents a $4.32 annualized dividend and a dividend yield of 5.03%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 92.11%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Piper Sandler decreased their price objective on Federal Realty Investment Trust from $118.00 to $111.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 5th. Wells Fargo & Company assumed coverage on Federal Realty Investment Trust in a research note on Tuesday. They issued an “equal weight” rating and a $93.00 target price on the stock. Truist Financial decreased their target price on Federal Realty Investment Trust from $117.00 to $110.00 in a research note on Monday, May 15th. UBS Group upped their target price on Federal Realty Investment Trust from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, February 9th. Finally, Barclays decreased their target price on Federal Realty Investment Trust from $129.00 to $127.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 15th. Eight equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Hold” and a consensus price target of $112.36.

Federal Realty Investment Trust Company Profile

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Federal Realty Investment Trust is an equity real estate investment trust. It engages in ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.