Wells Fargo & Company MN boosted its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,064 shares of the real estate investment trust’s stock after buying an additional 2,193 shares during the period. Wells Fargo & Company MN owned about 0.11% of Federal Realty Investment Trust worth $12,324,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. LS Investment Advisors LLC increased its stake in shares of Federal Realty Investment Trust by 6.7% in the second quarter. LS Investment Advisors LLC now owns 11,076 shares of the real estate investment trust’s stock valued at $1,834,000 after buying an additional 694 shares during the last quarter. IBM Retirement Fund increased its stake in shares of Federal Realty Investment Trust by 3.7% in the second quarter. IBM Retirement Fund now owns 8,372 shares of the real estate investment trust’s stock valued at $1,447,000 after buying an additional 302 shares during 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 during the last quarter. 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 valued at $2,890,000 after buying an additional 386 shares during the last quarter. Finally, Capital Analysts LLC increased its stake in shares of Federal Realty Investment Trust by 29,925.5% in the second quarter. Capital Analysts LLC now owns 172,046 shares of the real estate investment trust’s stock valued at $20,057,000 after buying an additional 171,473 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

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

Federal Realty Investment Trust (NYSE:FRT) traded up 0.31% during trading on Tuesday, hitting $141.61. 162,919 shares of the stock were exchanged. The firm has a market cap of $10.17 billion, a PE ratio of 38.51 and a beta of 0.36. The stock’s 50-day moving average price is $142.58 and its 200-day moving average price is $154.85. Federal Realty Investment Trust has a 12-month low of $134.39 and a 12-month high of $171.08.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Wednesday, November 2nd. The real estate investment trust reported $1.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.42 by $0.01. The company earned $201.20 million during the quarter, compared to the consensus estimate of $200.07 million. Federal Realty Investment Trust had a net margin of 32.89% and a return on equity of 10.87%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS. On average, equities 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 recent analyst reports. Boenning Scattergood cut shares of Federal Realty Investment Trust from an “outperform” rating to a “neutral” rating in a research note on Monday, October 3rd. Zacks Investment Research cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Monday, October 24th. BTIG Research initiated coverage on shares of Federal Realty Investment Trust in a research note on Thursday, August 25th. They issued a “neutral” rating for the company. Jefferies Group reduced their price objective on shares of Federal Realty Investment Trust from $173.00 to $170.00 and set a “hold” rating for the company in a research note on Tuesday, August 23rd. Finally, Royal Bank Of Canada raised their price objective on shares of Federal Realty Investment Trust from $130.00 to $140.00 and gave the company an “underperform” rating in a research note on Monday, August 8th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target 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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