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

Federal Realty Investment Trust (NYSE:FRTGet Free Report) has received a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $113.40.

Several analysts have issued reports on the company. Scotiabank upped their target price on Federal Realty Investment Trust from $109.00 to $112.00 and gave the company a “sector outperform” rating in a report on Thursday, May 16th. Deutsche Bank Aktiengesellschaft upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $109.00 to $110.00 in a report on Monday, April 22nd. Wells Fargo & Company upgraded Federal Realty Investment Trust from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $110.00 to $112.00 in a report on Thursday, February 29th. Bank of America upped their target price on Federal Realty Investment Trust from $118.00 to $124.00 and gave the company a “buy” rating in a report on Friday, April 5th. Finally, Mizuho dropped their target price on Federal Realty Investment Trust from $104.00 to $101.00 and set a “neutral” rating for the company in a report on Friday, February 23rd.

View Our Latest Stock Analysis on Federal Realty Investment Trust

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of hedge funds have recently bought and sold shares of FRT. Highlander Capital Management LLC increased its holdings in shares of Federal Realty Investment Trust by 232.8% in the 1st quarter. Highlander Capital Management LLC now owns 832 shares of the real estate investment trust’s stock valued at $85,000 after acquiring an additional 582 shares during the last quarter. iA Global Asset Management Inc. increased its holdings in shares of Federal Realty Investment Trust by 19.5% in the 1st quarter. iA Global Asset Management Inc. now owns 2,221 shares of the real estate investment trust’s stock valued at $227,000 after acquiring an additional 362 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of Federal Realty Investment Trust in the 1st quarter valued at about $252,000. Kinloch Capital LLC increased its holdings in shares of Federal Realty Investment Trust by 23.4% in the 1st quarter. Kinloch Capital LLC now owns 33,847 shares of the real estate investment trust’s stock valued at $3,456,000 after acquiring an additional 6,410 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Federal Realty Investment Trust by 6.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 309,103 shares of the real estate investment trust’s stock valued at $31,567,000 after acquiring an additional 19,453 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Up 0.3 %

Shares of FRT opened at $101.29 on Wednesday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.69 and a current ratio of 1.69. Federal Realty Investment Trust has a one year low of $85.27 and a one year high of $107.61. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 36.05, a PEG ratio of 1.88 and a beta of 1.20. The stock has a 50 day moving average price of $101.10 and a 200 day moving average price of $100.32.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 21st will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Friday, June 21st. Federal Realty Investment Trust’s dividend payout ratio is currently 155.16%.

About Federal Realty Investment Trust

(Get Free Report

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, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.

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

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