Federal Realty Investment Trust (NYSE:FRT) Receives $122.85 Average Target Price from Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT) have earned an average rating of “Moderate Buy” from the thirteen research firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $122.85.

A number of equities research analysts recently commented on the stock. Mizuho raised their price objective on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a research report on Monday, August 19th. Citigroup raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $120.00 to $135.00 in a report on Friday, September 13th. Scotiabank reduced their target price on Federal Realty Investment Trust from $120.00 to $119.00 and set a “sector outperform” rating for the company in a report on Friday, October 11th. Wells Fargo & Company upped their price target on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Finally, Raymond James upped their target price on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, August 16th.

Federal Realty Investment Trust Stock Up 0.1 %

Shares of Federal Realty Investment Trust stock opened at $113.54 on Wednesday. The company has a market cap of $9.42 billion, a P/E ratio of 33.01, a PEG ratio of 2.15 and a beta of 1.24. The firm has a fifty day moving average of $113.58 and a two-hundred day moving average of $108.61. 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 has a one year low of $90.84 and a one year high of $118.34.

Federal Realty Investment Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Thursday, January 2nd. Federal Realty Investment Trust’s payout ratio is currently 127.91%.

Insiders Place Their Bets

In related news, CEO Donald C. Wood sold 5,937 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $116.47, for a total transaction of $691,482.39. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. NBC Securities Inc. boosted its position in shares of Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 107 shares during the last quarter. Family Firm Inc. purchased a new position in Federal Realty Investment Trust during the second quarter worth approximately $33,000. Blue Trust Inc. raised its stake in Federal Realty Investment Trust by 885.7% during the second quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 310 shares during the period. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at $36,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Federal Realty Investment Trust during the 2nd quarter valued at $42,000. 93.86% of the stock is currently owned by institutional investors and hedge funds.

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.