Federal Realty Investment Trust (NYSE:FRT) Stock Rating Upgraded by StockNews.com

Federal Realty Investment Trust (NYSE:FRT) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Friday.

Several other equities analysts have also recently weighed in on FRT. Raymond James dropped their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Wells Fargo & Company dropped their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Stifel Nicolaus dropped their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Finally, Scotiabank lifted their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a research report on Monday, November 25th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $123.23.

Federal Realty Investment Trust Stock Performance

Shares of FRT opened at $104.29 on Friday. 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 cap of $8.94 billion, a PE ratio of 30.40, a P/E/G ratio of 2.20 and a beta of 1.24. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The stock has a 50-day moving average of $108.20 and a 200-day moving average of $111.87.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The business had revenue of $311.44 million for the quarter, compared to analysts’ expectations of $311.85 million. On average, equities research analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Institutional Investors Weigh In On Federal Realty Investment Trust

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of Federal Realty Investment Trust by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after purchasing an additional 168,885 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock worth $10,727,000 after purchasing an additional 7,501 shares during the last quarter. Meridian Wealth Management LLC purchased a new position in Federal Realty Investment Trust in the 3rd quarter valued at approximately $1,322,000. Vert Asset Management LLC grew its stake in Federal Realty Investment Trust by 12.3% in the 4th quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust’s stock valued at $3,697,000 after buying an additional 3,617 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Federal Realty Investment Trust by 14.5% in the 4th quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

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.