Short Interest in Federal Realty Investment Trust (NYSE:FRT) Increases By 22.1%

Federal Realty Investment Trust (NYSE:FRT) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 2,639,034 shares, a growth of 22.1% from the December 31st total of 2,160,703 shares. Based on an average trading volume of 675,035 shares, the short-interest ratio is currently 3.9 days. Currently, 3.1% of the company’s stock are sold short. Currently, 3.1% of the company’s stock are sold short. Based on an average trading volume of 675,035 shares, the short-interest ratio is currently 3.9 days.

Wall Street Analyst Weigh In

FRT has been the subject of a number of research analyst reports. Stifel Nicolaus set a $109.50 price target on shares of Federal Realty Investment Trust in a report on Thursday, December 18th. UBS Group set a $113.00 price objective on Federal Realty Investment Trust in a research note on Wednesday, January 14th. Mizuho set a $105.00 price target on shares of Federal Realty Investment Trust in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft set a $105.00 price objective on shares of Federal Realty Investment Trust and gave the company a “hold” rating in a research note on Tuesday, October 7th. Finally, Scotiabank cut their price objective on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.30.

Federal Realty Investment Trust Stock Performance

NYSE FRT traded up $2.94 during mid-day trading on Wednesday, reaching $103.30. 208,423 shares of the stock were exchanged, compared to its average volume of 771,652. Federal Realty Investment Trust has a 1 year low of $80.65 and a 1 year high of $111.82. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.60 and a current ratio of 1.60. The business’s 50 day moving average is $100.56 and its 200-day moving average is $98.57. The company has a market capitalization of $8.91 billion, a P/E ratio of 26.20, a P/E/G ratio of 4.33 and a beta of 1.02.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several institutional investors and hedge funds have recently modified their holdings of the business. Turning Point Benefit Group Inc. grew its holdings in Federal Realty Investment Trust by 1,853.8% in the fourth quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 241 shares during the period. True Wealth Design LLC raised its stake in shares of Federal Realty Investment Trust by 88.7% during the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 126 shares during the period. Hilltop National Bank purchased a new position in shares of Federal Realty Investment Trust during the 2nd quarter valued at approximately $28,000. Spire Wealth Management grew its stake in Federal Realty Investment Trust by 365.3% in the 2nd quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 263 shares during the period. Finally, Private Trust Co. NA lifted its holdings in Federal Realty Investment Trust by 937.5% during the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.