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 report published on Tuesday.

A number of other equities research analysts have also commented on the stock. Scotiabank upped their price target on shares of 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. Evercore ISI upped their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Compass Point upped their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Finally, Citigroup upgraded shares of 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. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.62.

Federal Realty Investment Trust Trading Up 0.9 %

NYSE:FRT opened at $111.95 on Tuesday. The company has a fifty day moving average of $113.42 and a 200 day moving average of $111.46. Federal Realty Investment Trust has a 52 week low of $95.97 and a 52 week 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 capitalization of $9.29 billion, a P/E ratio of 32.54, a P/E/G ratio of 2.14 and a beta of 1.24.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 3.93%. The ex-dividend date is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 127.91%.

Institutional Trading of Federal Realty Investment Trust

Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of Federal Realty Investment Trust by 3.6% during the 3rd 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% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock valued at $10,727,000 after acquiring an additional 7,501 shares during the last quarter. Retirement Systems of Alabama boosted its holdings in shares of Federal Realty Investment Trust by 0.4% during the 3rd quarter. Retirement Systems of Alabama now owns 59,392 shares of the real estate investment trust’s stock valued at $6,828,000 after acquiring an additional 244 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of Federal Realty Investment Trust by 6.2% during the 3rd quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust’s stock valued at $297,000 after acquiring an additional 153 shares during the last quarter. Finally, World Investment Advisors LLC purchased a new stake in shares of Federal Realty Investment Trust during the 3rd quarter valued at about $221,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

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.