Chevy Chase Trust Holdings Inc. lowered its position in Federal Realty Investment Trust (NYSE:FRT) by 2.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,827 shares of the real estate investment trust’s stock after selling 1,403 shares during the period. Chevy Chase Trust Holdings Inc. owned about 0.09% of Federal Realty Investment Trust worth $9,825,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in FRT. Oakbrook Investments LLC increased its stake in shares of Federal Realty Investment Trust by 15.1% in the second quarter. Oakbrook Investments LLC now owns 4,194 shares of the real estate investment trust’s stock worth $694,000 after buying an additional 550 shares during the period. Hartford Investment Management Co. increased its stake in shares of Federal Realty Investment Trust by 2.3% in the second quarter. Hartford Investment Management Co. now owns 17,456 shares of the real estate investment trust’s stock worth $2,890,000 after buying an additional 386 shares during the period. Standard Life Investments LTD increased its stake in shares of Federal Realty Investment Trust by 7.4% in the second quarter. Standard Life Investments LTD now owns 85,217 shares of the real estate investment trust’s stock worth $14,108,000 after buying an additional 5,858 shares during the period. Trust Co. of Toledo NA OH increased its stake in shares of Federal Realty Investment Trust by 0.4% in the second quarter. Trust Co. of Toledo NA OH now owns 10,565 shares of the real estate investment trust’s stock worth $1,749,000 after buying an additional 44 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Federal Realty Investment Trust by 1.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 260,386 shares of the real estate investment trust’s stock worth $43,107,000 after buying an additional 3,770 shares during the period. 91.61% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust (NYSE:FRT) traded up 0.59% during trading on Friday, reaching $140.98. The company’s stock had a trading volume of 131,128 shares. The firm has a 50 day moving average of $142.70 and a 200 day moving average of $155.00. The stock has a market capitalization of $10.12 billion, a price-to-earnings ratio of 38.34 and a beta of 0.36. Federal Realty Investment Trust has a 52 week low of $134.39 and a 52 week high of $171.08.

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

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FRT has been the subject of several research reports. Boenning Scattergood downgraded Federal Realty Investment Trust from an “outperform” rating to a “neutral” rating in a report on Monday, October 3rd. Zacks Investment Research downgraded Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a report on Monday, October 24th. BTIG Research initiated coverage on Federal Realty Investment Trust in a report on Thursday, August 25th. They issued a “neutral” rating for the company. Jefferies Group reduced their target price on Federal Realty Investment Trust from $173.00 to $170.00 and set a “hold” rating for the company in a report on Tuesday, August 23rd. Finally, Royal Bank Of Canada boosted their target price on Federal Realty Investment Trust from $130.00 to $140.00 and gave the company an “underperform” rating in a report on Monday, August 8th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $160.80.

About Federal Realty Investment Trust

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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