Inceptionr LLC Has $2.39 Million Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Inceptionr LLC lifted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 234.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,317 shares of the real estate investment trust’s stock after buying an additional 14,935 shares during the period. Federal Realty Investment Trust accounts for approximately 0.5% of Inceptionr LLC’s holdings, making the stock its 4th biggest position. Inceptionr LLC’s holdings in Federal Realty Investment Trust were worth $2,386,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FRT. Private Advisor Group LLC grew its position in shares of Federal Realty Investment Trust by 26.3% during the 3rd quarter. Private Advisor Group LLC now owns 3,390 shares of the real estate investment trust’s stock valued at $390,000 after buying an additional 706 shares during the last quarter. Van ECK Associates Corp grew its position in Federal Realty Investment Trust by 12.7% in the 3rd quarter. Van ECK Associates Corp now owns 35,370 shares of the real estate investment trust’s stock worth $4,047,000 after purchasing an additional 3,992 shares during the last quarter. Asset Management One Co. Ltd. grew its position in Federal Realty Investment Trust by 0.7% in the 3rd quarter. Asset Management One Co. Ltd. now owns 111,230 shares of the real estate investment trust’s stock worth $12,788,000 after purchasing an additional 752 shares during the last quarter. Principal Financial Group Inc. grew its position in 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 purchasing an additional 7,501 shares during the last quarter. Finally, JB Capital LLC grew its position in Federal Realty Investment Trust by 7.1% in the 3rd quarter. JB Capital LLC now owns 14,560 shares of the real estate investment trust’s stock worth $1,674,000 after purchasing an additional 969 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Up 0.5 %

Shares of NYSE:FRT opened at $103.55 on Thursday. The stock has a market capitalization of $8.87 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 2.20 and a beta of 1.24. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The company has a 50 day moving average price of $107.18 and a 200 day moving average price of $111.49.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. The firm had revenue of $311.44 million during the quarter, compared to analysts’ expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, research analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is 128.28%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wells Fargo & Company decreased their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Mizuho decreased their target price on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating for the company in a research report on Tuesday, February 25th. Finally, Raymond James decreased 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 research report on Tuesday, February 18th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.85.

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.