Shares of Federal Realty Investment Trust (NYSE:FRT) have earned an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the company. Two equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $159.78.

A number of analysts have recently weighed in on FRT shares. Boenning Scattergood cut shares of Federal Realty Investment Trust from an “outperform” rating to a “neutral” rating in a report on Monday, October 3rd. Zacks Investment Research cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a report on Monday, October 24th. BTIG Research started coverage on shares of Federal Realty Investment Trust in a report on Thursday, August 25th. They issued a “neutral” rating on the stock. Jefferies Group lowered their price target on shares of Federal Realty Investment Trust from $173.00 to $170.00 and set a “hold” rating on the stock in a report on Tuesday, August 23rd. Finally, Royal Bank Of Canada raised their price target on shares of Federal Realty Investment Trust from $130.00 to $140.00 and gave the company an “underperform” rating in a report on Monday, August 8th.

Federal Realty Investment Trust (NYSE:FRT) traded down 0.65% on Wednesday, hitting $139.83. 162,926 shares of the stock traded hands. Federal Realty Investment Trust has a 12 month low of $134.39 and a 12 month high of $171.08. The company has a market capitalization of $10.04 billion, a PE ratio of 38.03 and a beta of 0.36. The firm has a 50-day moving average price of $143.05 and a 200-day moving average price of $155.24.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, November 2nd. The real estate investment trust reported $1.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by $0.01. Federal Realty Investment Trust had a net margin of 32.89% and a return on equity of 10.87%. The firm earned $201.20 million during the quarter, compared to the consensus estimate of $200.07 million. During the same quarter in the prior year, the business posted $1.36 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts forecast that Federal Realty Investment Trust will post $5.60 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in FRT. Squarepoint Ops LLC purchased a new position in Federal Realty Investment Trust during the first quarter valued at $644,000. Ladenburg Thalmann Financial Services Inc. raised its position in Federal Realty Investment Trust by 5.8% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,210 shares of the real estate investment trust’s stock valued at $660,000 after buying an additional 229 shares during the period. Euclid Advisors LLC purchased a new position in Federal Realty Investment Trust during the first quarter valued at $2,042,000. Iowa State Bank purchased a new position in Federal Realty Investment Trust during the second quarter valued at $199,000. Finally, British Columbia Investment Management Corp raised its position in Federal Realty Investment Trust by 8.6% in the second quarter. British Columbia Investment Management Corp now owns 52,853 shares of the real estate investment trust’s stock valued at $8,750,000 after buying an additional 4,188 shares during the period. Institutional investors and hedge funds own 91.61% of the company’s stock.

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Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT) engaged in the ownership, management, and redevelopment of retail and mixed-use properties. The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California.

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