Stifel Nicolaus Has Lowered Expectations for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT) had its price objective cut by equities researchers at Stifel Nicolaus from $115.75 to $115.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 8.37% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Wednesday. Scotiabank upped their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a research report on Monday, November 25th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Finally, Wells Fargo & Company lowered their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and a consensus price target of $123.46.

Federal Realty Investment Trust Price Performance

Shares of FRT traded down $5.71 during mid-day trading on Friday, reaching $106.12. The stock had a trading volume of 720,813 shares, compared to its average volume of 689,008. The firm has a market cap of $8.80 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 2.34 and a beta of 1.24. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The business has a fifty day moving average of $109.28 and a 200 day moving average of $112.18. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.67% and a return on equity of 10.01%. Equities analysts predict that Federal Realty Investment Trust will post 6.77 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC bought a new stake in shares of Federal Realty Investment Trust in the 2nd quarter valued at about $228,000. CWM LLC boosted its holdings in shares of Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 110 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Federal Realty Investment Trust by 44.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,967 shares of the real estate investment trust’s stock valued at $226,000 after buying an additional 601 shares in the last quarter. Creative Planning boosted its holdings in shares of Federal Realty Investment Trust by 18.8% in the 3rd quarter. Creative Planning now owns 7,784 shares of the real estate investment trust’s stock valued at $895,000 after buying an additional 1,230 shares in the last quarter. Finally, NBC Securities Inc. boosted its holdings in shares of Federal Realty Investment Trust by 81.7% in the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 107 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 is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.