Federal Realty Investment Trust (NYSE:FRT) CEO Donald C. Wood sold 9,900 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $132.44, for a total value of $1,311,156.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Donald C. Wood also recently made the following trade(s):

  • On Tuesday, November 14th, Donald C. Wood sold 40,000 shares of Federal Realty Investment Trust stock. The stock was sold at an average price of $131.88, for a total value of $5,275,200.00.
  • On Thursday, September 7th, Donald C. Wood sold 21,342 shares of Federal Realty Investment Trust stock. The stock was sold at an average price of $130.86, for a total value of $2,792,814.12.
  • On Thursday, September 7th, Donald C. Wood sold 9,286 shares of Federal Realty Investment Trust stock. The stock was sold at an average price of $131.12, for a total value of $1,217,580.32.

Federal Realty Investment Trust (NYSE:FRT) traded up $0.92 during midday trading on Wednesday, hitting $131.81. The stock had a trading volume of 458,900 shares, compared to its average volume of 471,128. The company has a market cap of $9,495.66, a PE ratio of 22.22, a price-to-earnings-growth ratio of 3.69 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.23 and a quick ratio of 1.23. Federal Realty Investment Trust has a 12-month low of $119.37 and a 12-month high of $145.80.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.03. The firm had revenue of $217.95 million for the quarter, compared to analysts’ expectations of $213.63 million. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The company’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.41 EPS. analysts expect that Federal Realty Investment Trust will post 5.91 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd will be issued a $1.00 dividend. The ex-dividend date is Friday, December 29th. This represents a $4.00 dividend on an annualized basis and a yield of 3.03%. Federal Realty Investment Trust’s dividend payout ratio is currently 97.56%.

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A number of institutional investors have recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Federal Realty Investment Trust by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,367 shares of the real estate investment trust’s stock worth $678,000 after purchasing an additional 18 shares during the period. ING Groep NV raised its holdings in Federal Realty Investment Trust by 0.6% in the 2nd quarter. ING Groep NV now owns 3,699 shares of the real estate investment trust’s stock worth $468,000 after purchasing an additional 22 shares during the period. Kemper Corp Master Retirement Trust raised its holdings in Federal Realty Investment Trust by 1.4% in the 2nd quarter. Kemper Corp Master Retirement Trust now owns 1,750 shares of the real estate investment trust’s stock worth $221,000 after purchasing an additional 25 shares during the period. State of Tennessee Treasury Department raised its holdings in Federal Realty Investment Trust by 0.3% in the 2nd quarter. State of Tennessee Treasury Department now owns 19,757 shares of the real estate investment trust’s stock worth $2,497,000 after purchasing an additional 60 shares during the period. Finally, Xact Kapitalforvaltning AB raised its holdings in Federal Realty Investment Trust by 1.7% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 5,596 shares of the real estate investment trust’s stock worth $707,000 after purchasing an additional 91 shares during the period. 93.84% of the stock is currently owned by institutional investors.

Several research firms recently weighed in on FRT. Bank of America Corporation upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price target for the stock from $140.00 to $146.00 in a research note on Friday, July 21st. Evercore ISI downgraded Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 price target on the stock. in a research note on Monday, August 14th. Citigroup Inc. upped their price target on 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. Boenning Scattergood set a $140.00 price target on Federal Realty Investment Trust and gave the stock a “buy” rating in a research note on Friday, August 4th. Finally, Jefferies Group LLC cut their price target on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating on the stock in a research note on Friday, September 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $140.50.

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.

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