Nisa Investment Advisors LLC boosted its stake in Federal Realty Investment Trust (NYSE:FRT) by 18.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,654 shares of the real estate investment trust’s stock after buying an additional 8,239 shares during the period. Nisa Investment Advisors LLC owned 0.08% of Federal Realty Investment Trust worth $8,259,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capstone Asset Management Co. raised its position in Federal Realty Investment Trust by 8.4% in the third quarter. Capstone Asset Management Co. now owns 8,030 shares of the real estate investment trust’s stock valued at $1,236,000 after buying an additional 622 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position 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 worth $1,136,000 after buying an additional 38 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund bought a new position in shares of Federal Realty Investment Trust during the second quarter worth $474,000. Kentucky Retirement Systems bought a new position in shares of Federal Realty Investment Trust during the second quarter worth $998,000. Finally, Northwestern Mutual Investment Management Company LLC raised its position in shares of Federal Realty Investment Trust by 1.7% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 2,704 shares of the real estate investment trust’s stock worth $448,000 after buying an additional 45 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) last posted its earnings results on Wednesday, November 2nd. The real estate investment trust reported $1.41 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 10.87% and a net margin of 32.89%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company posted $1.36 EPS.

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A number of brokerages have weighed in on FRT. Credit Suisse Group AG lowered shares of Federal Realty Investment Trust from an “outperform” rating to a “neutral” rating and lifted their price target for the company from $168.00 to $170.00 in a research note on Friday, August 5th. Royal Bank Of Canada lifted 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 research note on Monday, August 8th. Jefferies Group reaffirmed a “hold” rating and issued a $173.00 price target on shares of Federal Realty Investment Trust in a research note on Friday, August 5th. RBC Capital Markets reaffirmed an “underperform” rating and issued a $140.00 price target (up previously from $130.00) on shares of Federal Realty Investment Trust in a research note on Wednesday, August 10th. Finally, Zacks Investment Research raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, September 7th. Two research 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. The stock currently has an average rating of “Hold” and a consensus 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.

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