Robeco Institutional Asset Management B.V. increased its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,000 shares of the real estate investment trust’s stock after buying an additional 2,000 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.08% of Federal Realty Investment Trust worth $7,583,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State Treasurer State of Michigan increased its stake in Federal Realty Investment Trust by 0.9% in the first quarter. State Treasurer State of Michigan now owns 23,716 shares of the real estate investment trust’s stock worth $3,166,000 after buying an additional 200 shares in the last quarter. Commerzbank Aktiengesellschaft FI acquired a new stake in Federal Realty Investment Trust during the first quarter worth $416,000. Wells Fargo & Company MN increased its stake in Federal Realty Investment Trust by 26.6% in the first quarter. Wells Fargo & Company MN now owns 321,450 shares of the real estate investment trust’s stock worth $42,912,000 after buying an additional 67,616 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in Federal Realty Investment Trust by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 7,531 shares of the real estate investment trust’s stock worth $1,005,000 after buying an additional 135 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD increased its stake in Federal Realty Investment Trust by 1.2% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 9,245 shares of the real estate investment trust’s stock worth $1,234,000 after buying an additional 107 shares in the last quarter. 93.94% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust (FRT) opened at 126.93 on Friday. The company has a market cap of $9.17 billion, a PE ratio of 36.76 and a beta of 0.29. Federal Realty Investment Trust has a 52 week low of $120.50 and a 52 week high of $162.06. The company has a 50-day moving average of $130.04 and a 200-day moving average of $130.76.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $1.49 EPS for the quarter, beating the consensus estimate of $1.46 by $0.03. The firm had revenue of $208 million for the quarter, compared to analyst estimates of $208.33 million. Federal Realty Investment Trust had a return on equity of 10.91% and a net margin of 30.40%. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.42 earnings per share. On average, equities analysts expect that Federal Realty Investment Trust will post $3.35 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 22nd will be paid a dividend of $1.00 per share. The ex-dividend date is Thursday, September 21st. This represents a $4.00 annualized dividend and a dividend yield of 3.15%. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 113.62%.

WARNING: This story was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/09/01/federal-realty-investment-trust-frt-shares-bought-by-robeco-institutional-asset-management-b-v.html.

A number of analysts have recently weighed in on the stock. Evercore ISI downgraded shares of Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 target price on the stock. in a research report on Monday, August 14th. Citigroup Inc. reaffirmed a “buy” rating and issued a $156.00 target price (down from $160.00) on shares of Federal Realty Investment Trust in a research report on Sunday, June 11th. BidaskClub raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $136.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. Finally, Bank of America Corporation raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their target price for the stock from $140.00 to $146.00 in a research report on Friday, July 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. Federal Realty Investment Trust presently has a consensus rating of “Buy” and an average price target of $140.43.

In other news, EVP Dawn M. Becker sold 2,281 shares of the firm’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $133.05, for a total transaction of $303,487.05. Following the transaction, the executive vice president now owns 123,744 shares in the company, valued at $16,464,139.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Donald C. Wood sold 2,772 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.06, for a total value of $368,842.32. The disclosure for this sale can be found here. Company 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.

Want to see what other hedge funds are holding FRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Realty Investment Trust (NYSE:FRT).

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

Receive News & Stock Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related stocks with our FREE daily email newsletter.