IFP Advisors Inc lowered its position in Federal Realty Investment Trust (NYSE:FRT) by 3.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,488 shares of the real estate investment trust’s stock after selling 46 shares during the period. IFP Advisors Inc’s holdings in Federal Realty Investment Trust were worth $188,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Creative Planning boosted its stake in shares of Federal Realty Investment Trust by 455.4% in the first quarter. Creative Planning now owns 2,605 shares of the real estate investment trust’s stock worth $348,000 after buying an additional 2,136 shares during the period. Candriam Luxembourg S.C.A. boosted its stake in shares of Federal Realty Investment Trust by 29.5% in the first quarter. Candriam Luxembourg S.C.A. now owns 7,329 shares of the real estate investment trust’s stock worth $978,000 after buying an additional 1,669 shares during the period. Nationwide Fund Advisors boosted its stake in shares of Federal Realty Investment Trust by 292.7% in the first quarter. Nationwide Fund Advisors now owns 97,675 shares of the real estate investment trust’s stock worth $13,040,000 after buying an additional 72,800 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in shares of Federal Realty Investment Trust by 5.3% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 1,914 shares of the real estate investment trust’s stock worth $239,000 after buying an additional 97 shares during the period. Finally, First Citizens Bank & Trust Co. purchased a new stake in shares of Federal Realty Investment Trust during the first quarter worth about $387,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 128.10 on Tuesday. The firm has a 50-day moving average of $129.98 and a 200 day moving average of $131.42. Federal Realty Investment Trust has a 52-week low of $120.50 and a 52-week high of $162.06. The firm has a market cap of $9.26 billion, a PE ratio of 37.10 and a beta of 0.29.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.03. Federal Realty Investment Trust had a return on equity of 10.91% and a net margin of 30.40%. The company had revenue of $208 million during the quarter, compared to the consensus estimate of $208.33 million. During the same quarter in the prior year, the firm posted $1.42 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year. On average, equities analysts predict that Federal Realty Investment Trust will post $3.36 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 22nd will be paid a $1.00 dividend. The ex-dividend date is Thursday, September 21st. This represents a $4.00 annualized dividend and a dividend yield of 3.12%. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. Federal Realty Investment Trust’s dividend payout ratio is currently 113.62%.

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A number of equities research analysts recently issued reports on FRT shares. Seaport Global Securities reiterated a “buy” rating on shares of Federal Realty Investment Trust in a research report on Thursday, April 27th. Citigroup Inc. reiterated a “buy” rating and set a $156.00 target price (down previously from $160.00) on shares of Federal Realty Investment Trust in a research report on Sunday, June 11th. BidaskClub upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. Bank of America Corporation upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their target price for the stock from $140.00 to $146.00 in a research report on Friday, July 21st. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $136.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $144.88.

In other news, insider Donald C. Wood sold 2,772 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $133.06, for a total value of $368,842.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dawn M. Becker sold 2,281 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $133.05, for a total value of $303,487.05. Following the completion of the transaction, the executive vice president now directly owns 123,744 shares of the company’s stock, valued at approximately $16,464,139.20. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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

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