Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by HUB Investment Partners LLC

HUB Investment Partners LLC lifted its holdings in Federal Realty Investment Trust (NYSE:FRT) by 13.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,036 shares of the real estate investment trust’s stock after purchasing an additional 234 shares during the period. HUB Investment Partners LLC’s holdings in Federal Realty Investment Trust were worth $228,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the third quarter valued at approximately $36,000. Venturi Wealth Management LLC grew its holdings 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 acquiring an additional 333 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Federal Realty Investment Trust by 25.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 111 shares in the last quarter. Hopwood Financial Services Inc. acquired a new position in Federal Realty Investment Trust during the 4th quarter worth approximately $101,000. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in Federal Realty Investment Trust by 11.5% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on FRT shares. Truist Financial cut shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating and lowered their price target for the stock from $114.00 to $105.00 in a report on Thursday, March 13th. JPMorgan Chase & Co. lowered their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating for the company in a report on Friday, March 7th. Scotiabank lowered their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating for the company in a report on Friday, February 28th. Raymond James lowered their target price on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. Finally, Stifel Nicolaus lowered their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $119.77.

Federal Realty Investment Trust Stock Down 2.3 %

FRT stock opened at $95.03 on Friday. The company has a fifty day moving average price of $104.47 and a 200 day moving average price of $110.03. Federal Realty Investment Trust has a 12 month low of $94.58 and a 12 month high of $118.34. The company has a market cap of $8.14 billion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97.

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

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.63%. Federal Realty Investment Trust’s payout ratio is currently 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.