Federal Realty Investment Trust (NYSE:FRT) Upgraded at StockNews.com

StockNews.com upgraded shares of Federal Realty Investment Trust (NYSE:FRT) from a sell rating to a hold rating in a research report sent to investors on Thursday morning.

Several other research firms also recently weighed in on FRT. JPMorgan Chase & Co. upgraded shares of 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 note on Friday, December 20th. Scotiabank lifted their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $123.62.

Federal Realty Investment Trust Trading Up 0.0 %

Shares of FRT opened at $105.41 on Thursday. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The business has a 50-day moving average of $111.54 and a 200 day moving average of $111.86. The firm has a market cap of $8.74 billion, a P/E ratio of 30.64, a price-to-earnings-growth ratio of 1.83 and a beta of 1.25. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd were issued a $1.10 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $4.40 annualized dividend and a dividend yield of 4.17%. Federal Realty Investment Trust’s payout ratio is currently 127.91%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. NBC Securities Inc. lifted its position in Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 107 shares during the last quarter. Brooklyn Investment Group bought a new stake in shares of Federal Realty Investment Trust during the 3rd quarter worth $36,000. Eastern Bank bought a new stake in shares of Federal Realty Investment Trust during the 3rd quarter worth $52,000. Whittier Trust Co. of Nevada Inc. grew its position in Federal Realty Investment Trust by 2,475.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust’s stock worth $71,000 after acquiring an additional 594 shares in the last quarter. Finally, CWM LLC increased its stake in Federal Realty Investment Trust by 10.9% in the third quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

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.