Federal Realty Investment Trust (NYSE:FRT) Stock Rating Lowered by StockNews.com

Federal Realty Investment Trust (NYSE:FRT) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

A number of other brokerages also recently weighed in on FRT. Evercore ISI increased their price target on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Citigroup upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their target price for the company from $120.00 to $135.00 in a research note on Friday, September 13th. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Scotiabank upped their price target on 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. Finally, Compass Point lifted their price objective on Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $123.62.

Federal Realty Investment Trust Stock Down 0.4 %

Shares of FRT stock opened at $104.52 on Wednesday. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The firm has a market cap of $8.67 billion, a PE ratio of 30.38, a price-to-earnings-growth ratio of 2.17 and a beta of 1.25. The stock has a 50 day moving average of $112.73 and a 200-day moving average of $111.68.

Institutional Investors Weigh In On Federal Realty Investment Trust

Several institutional investors and hedge funds have recently made changes to their positions in FRT. Nordea Investment Management AB increased its position in shares of Federal Realty Investment Trust by 26.7% during the 4th quarter. Nordea Investment Management AB now owns 141,773 shares of the real estate investment trust’s stock worth $15,896,000 after purchasing an additional 29,894 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Federal Realty Investment Trust by 9.3% during the fourth quarter. GAMMA Investing LLC now owns 3,104 shares of the real estate investment trust’s stock worth $347,000 after buying an additional 264 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock valued at $561,743,000 after acquiring an additional 168,885 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Federal Realty Investment Trust by 8.7% in the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock worth $10,727,000 after acquiring an additional 7,501 shares in the last quarter. Finally, Retirement Systems of Alabama boosted its holdings in shares of Federal Realty Investment Trust by 0.4% in the 3rd quarter. Retirement Systems of Alabama now owns 59,392 shares of the real estate investment trust’s stock worth $6,828,000 after acquiring an additional 244 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

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.