Federal Realty Investment Trust (NYSE:FRT) – Research analysts at Boenning Scattergood reduced their Q1 2018 EPS estimates for shares of Federal Realty Investment Trust in a report issued on Friday. Boenning Scattergood analyst F. Van. Dijkum now forecasts that the real estate investment trust will earn $1.50 per share for the quarter, down from their prior estimate of $1.52. Boenning Scattergood has a “Buy” rating and a $140.00 price target on the stock. Boenning Scattergood also issued estimates for Federal Realty Investment Trust’s Q2 2018 earnings at $1.51 EPS, Q4 2018 earnings at $1.60 EPS and FY2018 earnings at $6.18 EPS.

A number of other equities research analysts have also recently commented on the stock. UBS upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their target price for the company from $131.00 to $141.00 in a research report on Thursday, November 9th. BMO Capital Markets initiated coverage on shares of Federal Realty Investment Trust in a research report on Monday, September 11th. They issued an “outperform” rating and a $145.00 target price for the company. Mizuho reiterated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. Jefferies Group reduced their target price on shares of Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating for the company in a research report on Friday, September 15th. Finally, Stifel Nicolaus initiated coverage on shares of Federal Realty Investment Trust in a research report on Thursday, November 30th. They issued a “buy” rating and a $144.00 target price for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $140.82.

Shares of Federal Realty Investment Trust (NYSE:FRT) traded down $0.50 during midday trading on Monday, hitting $129.79. 333,800 shares of the stock were exchanged, compared to its average volume of 464,332. The firm has a market capitalization of $9,452.13, a PE ratio of 22.12, a price-to-earnings-growth ratio of 3.67 and a beta of 0.34. 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 1-year low of $119.37 and a 1-year high of $145.80.

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

Institutional investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank increased its position in shares of Federal Realty Investment Trust by 25.8% during the second quarter. Toronto Dominion Bank now owns 24,471 shares of the real estate investment trust’s stock valued at $3,092,000 after acquiring an additional 5,013 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Federal Realty Investment Trust by 1.1% during the second 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 during the last quarter. JPMorgan Chase & Co. increased its position in shares of Federal Realty Investment Trust by 173.7% during the second 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 during the last quarter. Delta Lloyd Asset Management N.V. acquired a new stake in shares of Federal Realty Investment Trust during the second quarter valued at about $12,495,000. Finally, PGGM Investments increased its position in shares of Federal Realty Investment Trust by 4.8% during the third quarter. PGGM Investments now owns 1,299,000 shares of the real estate investment trust’s stock valued at $161,349,000 after acquiring an additional 60,000 shares during the last quarter. Hedge funds and other institutional investors own 94.67% of the company’s stock.

In related news, insider Donald C. Wood sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $131.88, for a total transaction of $5,275,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by company insiders.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors 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 yield of 3.08%. The ex-dividend date of this dividend is Friday, December 29th. Federal Realty Investment Trust’s payout ratio is currently 97.56%.

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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.

Earnings History and Estimates for Federal Realty Investment Trust (NYSE:FRT)

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