Swiss National Bank decreased its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 0.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 502,622 shares of the real estate investment trust’s stock after selling 400 shares during the period. Swiss National Bank owned 0.70% of Federal Realty Investment Trust worth $77,369,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Advisor Partners LLC increased its stake in shares of Federal Realty Investment Trust by 0.5% in the second quarter. Advisor Partners LLC now owns 1,624 shares of the real estate investment trust’s stock valued at $269,000 after buying an additional 8 shares in the last quarter. Cleararc Capital Inc. increased its stake in shares of Federal Realty Investment Trust by 0.9% in the second quarter. Cleararc Capital Inc. now owns 1,706 shares of the real estate investment trust’s stock valued at $282,000 after buying an additional 15 shares in the last quarter. 1st Global Advisors Inc. increased its stake in shares of Federal Realty Investment Trust by 1.7% in the second quarter. 1st Global Advisors Inc. now owns 1,612 shares of the real estate investment trust’s stock valued at $267,000 after buying an additional 27 shares in the last quarter. Mackenzie Financial Corp increased its stake in shares of Federal Realty Investment Trust by 0.8% in the second quarter. Mackenzie Financial Corp now owns 3,720 shares of the real estate investment trust’s stock valued at $616,000 after buying an additional 31 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Federal Realty Investment Trust by 0.5% in the third quarter. Oregon Public Employees Retirement Fund now owns 7,377 shares of the real estate investment trust’s stock valued at $1,136,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

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

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 141.17 on Tuesday. The stock has a 50 day moving average price of $142.58 and a 200 day moving average price of $154.85. The company has a market capitalization of $10.13 billion, a PE ratio of 38.39 and a beta of 0.36. Federal Realty Investment Trust has a one year low of $134.39 and a one year high of $171.08.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Wednesday, November 2nd. The real estate investment trust reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $200.07 million. During the same period in the previous year, the company earned $1.36 earnings per share. Federal Realty Investment Trust’s revenue was up 8.6% on a year-over-year basis. On average, equities research analysts predict that Federal Realty Investment Trust will post $5.60 earnings per share for the current year.

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FRT has been the topic of a number of research reports. Canaccord Genuity raised their price target on Federal Realty Investment Trust from $167.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, August 16th. RBC Capital Markets reiterated an “underperform” rating and set a $140.00 target price (up from $130.00) on shares of Federal Realty Investment Trust in a research report on Wednesday, August 10th. Credit Suisse Group AG downgraded Federal Realty Investment Trust from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $168.00 to $170.00 in a research report on Friday, August 5th. Deutsche Bank AG lifted their target price on Federal Realty Investment Trust from $142.00 to $153.00 and gave the company a “hold” rating in a research report on Wednesday, August 17th. Finally, Jefferies Group reiterated a “hold” rating on shares of Federal Realty Investment Trust in a research report on Wednesday, November 9th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $160.80.

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.

5 Day Chart for NYSE:FRT

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