Jefferies Group set a $133.00 price objective on Federal Realty Investment Trust (NYSE:FRT) in a research note released on Tuesday morning. The firm currently has a hold rating on the real estate investment trust’s stock.

A number of other equities analysts have also recently weighed in on FRT. Boenning Scattergood reiterated a buy rating and set a $140.00 price target on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. Mizuho reiterated a buy rating and set a $142.00 price target on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. UBS Group upgraded Federal Realty Investment Trust from a neutral rating to a buy rating and increased their price target for the stock from $131.00 to $141.00 in a report on Thursday, November 9th. Stifel Nicolaus initiated coverage on Federal Realty Investment Trust in a report on Thursday, November 30th. They set a buy rating and a $144.00 price target for the company. Finally, BMO Capital Markets reiterated a buy rating and set a $142.00 price target on shares of Federal Realty Investment Trust in a report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $141.08.

Federal Realty Investment Trust (NYSE FRT) opened at $110.26 on Tuesday. The firm has a market capitalization of $7,997.57, a price-to-earnings ratio of 26.89, a PEG ratio of 2.98 and a beta of 0.23. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.27. Federal Realty Investment Trust has a twelve month low of $106.64 and a twelve month high of $143.79.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.57. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. During the same quarter in the previous year, the firm posted $0.80 earnings per share. research analysts predict that Federal Realty Investment Trust will post 5.91 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Wednesday, March 14th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 3.63%. The ex-dividend date is Tuesday, March 13th. Federal Realty Investment Trust’s payout ratio is 97.56%.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. raised its position in Federal Realty Investment Trust by 1.6% in the 4th quarter. BlackRock Inc. now owns 7,899,850 shares of the real estate investment trust’s stock valued at $1,049,178,000 after purchasing an additional 126,701 shares in the last quarter. JPMorgan Chase & Co. raised its position in Federal Realty Investment Trust by 43.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,376,898 shares of the real estate investment trust’s stock valued at $420,257,000 after purchasing an additional 1,030,604 shares in the last quarter. PGGM Investments raised its position in Federal Realty Investment Trust by 4.8% in the 3rd quarter. PGGM Investments now owns 1,299,000 shares of the real estate investment trust’s stock valued at $161,349,000 after purchasing an additional 60,000 shares in the last quarter. Bank of New York Mellon Corp raised its position in Federal Realty Investment Trust by 57.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,150,079 shares of the real estate investment trust’s stock valued at $142,851,000 after purchasing an additional 417,339 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Federal Realty Investment Trust by 1.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,034,293 shares of the real estate investment trust’s stock valued at $128,470,000 after purchasing an additional 17,948 shares in the last quarter. 94.47% of the stock is currently owned by hedge funds and other institutional investors.

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Federal Realty Investment Trust Company 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.

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

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