Federal Realty Investment Trust (NYSE:FRT) Stock Rating Upgraded by Mizuho

Federal Realty Investment Trust (NYSE:FRT) was upgraded by equities researchers at Mizuho from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Piper Sandler reiterated an “overweight” rating on shares of Federal Realty Investment Trust in a research report on Tuesday, May 26th. Bank of America boosted their price target on Federal Realty Investment Trust from $125.00 to $128.00 and gave the stock a “buy” rating in a research report on Friday. Barclays boosted their price target on Federal Realty Investment Trust from $116.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Wells Fargo & Company boosted their price target on Federal Realty Investment Trust from $120.00 to $129.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings upgraded Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $122.79.

Federal Realty Investment Trust Trading Down 0.7%

Shares of FRT stock opened at $118.85 on Monday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.64 and a current ratio of 1.64. Federal Realty Investment Trust has a 1 year low of $89.99 and a 1 year high of $121.84. The stock has a fifty day moving average of $111.63 and a two-hundred day moving average of $105.64. The firm has a market capitalization of $10.27 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 4.52 and a beta of 0.94.

Institutional Investors Weigh In On Federal Realty Investment Trust

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of Federal Realty Investment Trust by 90.2% during the first quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust’s stock valued at $54,114,000 after purchasing an additional 241,684 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Federal Realty Investment Trust by 2.5% during the first quarter. Janus Henderson Group PLC now owns 413,167 shares of the real estate investment trust’s stock valued at $43,918,000 after purchasing an additional 10,095 shares during the last quarter. Bull Harbor Capital LLC purchased a new stake in shares of Federal Realty Investment Trust during the first quarter valued at $804,000. Amundi lifted its holdings in shares of Federal Realty Investment Trust by 6.4% during the first quarter. Amundi now owns 168,901 shares of the real estate investment trust’s stock valued at $17,939,000 after purchasing an additional 10,102 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Federal Realty Investment Trust by 18.8% during the first quarter. EverSource Wealth Advisors LLC now owns 2,756 shares of the real estate investment trust’s stock valued at $293,000 after purchasing an additional 436 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

About Federal Realty Investment Trust

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.