Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. lifted its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 8.5% during the fourth quarter, Holdings Channel reports. The fund owned 16,677 shares of the real estate investment trust’s stock after acquiring an additional 1,308 shares during the period. Blackhawk Capital Partners LLC.’s holdings in Federal Realty Investment Trust were worth $1,867,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new position in shares of Federal Realty Investment Trust during the third quarter worth about $36,000. Venturi Wealth Management LLC raised its position in Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 333 shares during the last quarter. Blue Trust Inc. lifted its position in Federal Realty Investment Trust by 249.3% in the third quarter. Blue Trust Inc. now owns 1,205 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 860 shares during the period. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of Federal Realty Investment Trust by 11.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 137 shares during the period. Finally, Global Retirement Partners LLC boosted its position in shares of Federal Realty Investment Trust by 11.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock worth $161,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

FRT stock opened at $105.59 on Tuesday. The company has a market capitalization of $9.05 billion, a price-to-earnings ratio of 30.78, a P/E/G ratio of 2.20 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 firm has a 50 day moving average of $108.02 and a two-hundred day moving average of $111.82. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The company had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. As a group, equities analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.17%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 128.28%.

Wall Street Analyst Weigh In

Several research firms have weighed in on FRT. Wells Fargo & Company lowered their target price on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a report on Wednesday, January 29th. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Stifel Nicolaus cut their price objective on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Finally, Scotiabank lifted their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $123.23.

Federal Realty Investment Trust 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.