AIMZ Investment Advisors LLC held its position in shares of Federal Realty Investment Trust (NYSE:FRT) during the second quarter, according to the company in its most recent filing with the SEC. The firm owned 3,300 shares of the real estate investment trust’s stock at the close of the second quarter. AIMZ Investment Advisors LLC’s holdings in Federal Realty Investment Trust were worth $417,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. State Board of Administration of Florida Retirement System lifted its holdings in shares of Federal Realty Investment Trust by 1.1% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 113,222 shares of the real estate investment trust’s stock valued at $14,310,000 after acquiring an additional 1,229 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Federal Realty Investment Trust by 173.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,346,294 shares of the real estate investment trust’s stock valued at $296,548,000 after acquiring an additional 1,489,133 shares in the last quarter. Delta Lloyd Asset Management N.V. acquired a new position in shares of Federal Realty Investment Trust during the 2nd quarter valued at $12,495,000. Morgan Stanley lifted its holdings in shares of Federal Realty Investment Trust by 7.6% during the 1st quarter. Morgan Stanley now owns 508,516 shares of the real estate investment trust’s stock valued at $67,887,000 after acquiring an additional 35,945 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Federal Realty Investment Trust by 18.2% during the 2nd quarter. American Century Companies Inc. now owns 169,134 shares of the real estate investment trust’s stock valued at $21,377,000 after acquiring an additional 26,027 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

In related news, EVP Dawn M. Becker sold 2,281 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.05, for a total transaction of $303,487.05. Following the completion of the sale, the executive vice president now directly owns 123,744 shares of the company’s stock, valued at approximately $16,464,139.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Dawn M. Becker sold 21,814 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $130.91, for a total transaction of $2,855,670.74. Following the sale, the executive vice president now directly owns 145,809 shares of the company’s stock, valued at $19,087,856.19. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,495 shares of company stock valued at $7,538,395. 1.10% of the stock is owned by insiders.

Federal Realty Investment Trust (NYSE FRT) traded up 0.667% during midday trading on Wednesday, reaching $127.595. 61,935 shares of the company traded hands. The firm has a 50 day moving average of $126.65 and a 200-day moving average of $128.80. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 40.635 and a beta of 0.30. Federal Realty Investment Trust has a 12 month low of $120.50 and a 12 month high of $149.38.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.46 by $0.03. The business had revenue of $208.00 million during the quarter, compared to the consensus estimate of $208.33 million. Federal Realty Investment Trust had a net margin of 30.40% and a return on equity of 10.91%. Federal Realty Investment Trust’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.42 EPS. Analysts forecast that Federal Realty Investment Trust will post $3.31 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 22nd will be issued a dividend of $1.00 per share. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. This represents a $4.00 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, September 21st. Federal Realty Investment Trust’s dividend payout ratio is currently 115.94%.

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Several equities analysts recently weighed in on the stock. Citigroup Inc. lifted their target price on shares of Federal Realty Investment Trust from $147.00 to $148.00 and gave the company a “buy” rating in a report on Monday, August 14th. Evercore ISI lowered 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 report on Monday, August 14th. Boenning Scattergood set a $140.00 target price on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a report on Friday, August 4th. Jefferies Group LLC restated a “hold” rating and set a $136.00 target price on shares of Federal Realty Investment Trust in a report on Tuesday, July 25th. Finally, BMO Capital Markets initiated coverage on shares of Federal Realty Investment Trust in a research note on Sunday, September 17th. They set an “outperform” rating and a $145.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $140.25.

Federal Realty Investment Trust Profile

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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