Federal Realty Investment Trust (NYSE:FRT) has earned an average rating of “Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $140.50.

A number of equities analysts have weighed in on FRT shares. UBS AG raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $131.00 to $141.00 in a research note on Thursday. Mizuho reaffirmed a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Boenning Scattergood reaffirmed a “buy” rating and issued a $140.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Citigroup Inc. boosted their target price on shares of Federal Realty Investment Trust from $147.00 to $148.00 and gave the stock a “buy” rating in a research note on Monday, August 14th. Finally, BidaskClub raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research note on Monday, July 24th.

In related news, insider Donald C. Wood sold 9,286 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $131.12, for a total transaction of $1,217,580.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dawn M. Becker sold 21,814 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $130.91, for a total transaction of $2,855,670.74. Following the transaction, the executive vice president now owns 145,809 shares of the company’s stock, valued at approximately $19,087,856.19. The disclosure for this sale can be found here. In the last quarter, insiders have sold 52,442 shares of company stock valued at $6,866,065. 1.10% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Federal Realty Investment Trust by 1.0% in the second quarter. Vanguard Group Inc. now owns 12,396,763 shares of the real estate investment trust’s stock valued at $1,566,826,000 after buying an additional 120,301 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Federal Realty Investment Trust by 43.9% in the third quarter. JPMorgan Chase & Co. now owns 3,376,898 shares of the real estate investment trust’s stock worth $420,257,000 after purchasing an additional 1,030,604 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Federal Realty Investment Trust by 44.4% in the second quarter. Daiwa Securities Group Inc. now owns 2,201,475 shares of the real estate investment trust’s stock worth $278,244,000 after purchasing an additional 677,382 shares in the last quarter. PGGM Investments lifted its position in shares of Federal Realty Investment Trust by 4.8% in the third quarter. PGGM Investments now owns 1,299,000 shares of the real estate investment trust’s stock worth $161,349,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Uniplan Investment Counsel Inc. lifted its position in shares of Federal Realty Investment Trust by 199.9% in the second quarter. Uniplan Investment Counsel Inc. now owns 1,168,479 shares of the real estate investment trust’s stock worth $49,926,000 after purchasing an additional 778,865 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

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Shares of Federal Realty Investment Trust (FRT) traded up $0.57 during mid-day trading on Monday, reaching $132.01. 374,600 shares of the company traded hands, compared to its average volume of 444,270. Federal Realty Investment Trust has a 12-month low of $119.37 and a 12-month high of $145.80. The company has a market cap of $9,576.91, a P/E ratio of 22.41, a P/E/G ratio of 5.04 and a beta of 0.31. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.27.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.47 by $0.03. Federal Realty Investment Trust had a net margin of 35.50% and a return on equity of 13.28%. The company had revenue of $217.95 million during the quarter, compared to the consensus estimate of $213.63 million. During the same period in the previous year, the firm posted $1.41 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. equities research analysts predict that Federal Realty Investment Trust will post 5.91 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Friday, December 29th. Federal Realty Investment Trust’s dividend payout ratio is 97.56%.

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.

Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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