Coldstream Capital Management Inc. Purchases New Position in Federal Realty Investment Trust (NYSE:FRT)

Coldstream Capital Management Inc. acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,757 shares of the real estate investment trust’s stock, valued at approximately $202,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. increased its position in shares of Federal Realty Investment Trust by 81.7% during the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 107 shares during the last quarter. Family Firm Inc. bought a new position in Federal Realty Investment Trust during the second quarter valued at $33,000. Blue Trust Inc. raised its stake in shares of Federal Realty Investment Trust by 885.7% in the second quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 310 shares during the period. Brooklyn Investment Group bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter worth about $36,000. Finally, Rothschild Investment LLC purchased a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth about $42,000. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FRT has been the topic of a number of recent analyst reports. Compass Point increased their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, September 10th. JPMorgan Chase & Co. increased their price target on Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Wells Fargo & Company boosted their price objective on Federal Realty Investment Trust from $115.00 to $122.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. StockNews.com lowered Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, December 10th. Finally, Evercore ISI boosted their target price on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $123.38.

Federal Realty Investment Trust Stock Down 0.1 %

Shares of Federal Realty Investment Trust stock opened at $114.33 on Wednesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of 33.31, a PEG ratio of 2.14 and a beta of 1.24. The firm’s 50-day moving average is $113.54 and its two-hundred day moving average is $110.63. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust’s payout ratio is 127.91%.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.