Ieq Capital LLC raised its holdings in shares of Federal Realty Investment Trust (NYSE:FRT – Free Report) by 49.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,438 shares of the real estate investment trust’s stock after acquiring an additional 1,132 shares during the period. Ieq Capital LLC’s holdings in Federal Realty Investment Trust were worth $385,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in FRT. Brooklyn Investment Group bought a new stake in Federal Realty Investment Trust in the third quarter valued at about $36,000. Venturi Wealth Management LLC grew its position in shares of Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 333 shares during the period. Jackson Grant Investment Advisers Inc. increased its stake in shares of Federal Realty Investment Trust by 11.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 137 shares during the last quarter. Blue Trust Inc. increased its stake in shares of 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 acquiring an additional 175 shares during the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Federal Realty Investment Trust by 11.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 142 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.
Federal Realty Investment Trust Stock Down 0.9 %
Federal Realty Investment Trust stock opened at $104.09 on Friday. The company’s 50-day moving average is $107.75 and its 200-day moving average is $111.72. The firm has a market capitalization of $8.92 billion, a PE ratio of 30.35, 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. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34.
Federal Realty Investment Trust Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.23%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 128.28%.
Analyst Ratings Changes
Several equities research analysts have commented on FRT shares. Stifel Nicolaus lowered their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Wells Fargo & Company decreased their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. StockNews.com raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Raymond James decreased their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Finally, JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $122.54.
Get Our Latest Stock Report on FRT
About Federal Realty Investment Trust
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.
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