GWN Securities Inc. Buys Shares of 2,325 Federal Realty Investment Trust (NYSE:FRT)

GWN Securities Inc. bought a new stake in Federal Realty Investment Trust (NYSE:FRT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,325 shares of the real estate investment trust’s stock, valued at approximately $248,000.

A number of other institutional investors also recently made changes to their positions in the business. Brooklyn Investment Group bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter valued at approximately $36,000. Venturi Wealth Management LLC increased its holdings in shares of Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 333 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Federal Realty Investment Trust by 25.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 111 shares during the last quarter. Hopwood Financial Services Inc. bought a new stake in shares of Federal Realty Investment Trust in the 4th quarter valued at approximately $101,000. Finally, Jackson Grant Investment Advisers Inc. increased 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 acquiring an additional 137 shares during the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FRT shares. Wells Fargo & Company lowered their price target on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Truist Financial downgraded Federal Realty Investment Trust from a “buy” rating to a “hold” rating and lowered their price target for the company from $114.00 to $105.00 in a report on Thursday, March 13th. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Raymond James lowered their price objective on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Finally, Stifel Nicolaus lowered their price objective on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $119.77.

Federal Realty Investment Trust Trading Up 1.8 %

Shares of Federal Realty Investment Trust stock opened at $97.92 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 28.55, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. The business has a fifty day simple moving average of $105.21 and a 200-day simple moving average of $110.62. Federal Realty Investment Trust has a fifty-two week low of $94.58 and a fifty-two week high of $118.34.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share 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 business had revenue of $311.44 million during the quarter, compared to analyst estimates of $311.85 million. On average, equities analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.49%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is 128.28%.

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.