Oregon Public Employees Retirement Fund Raises Holdings in Federal Realty Investment Trust (NYSE:FRT)

Oregon Public Employees Retirement Fund increased its position in Federal Realty Investment Trust (NYSE:FRT) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,554 shares of the real estate investment trust’s stock after buying an additional 110 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Federal Realty Investment Trust were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Federal Realty Investment Trust by 3.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after buying an additional 168,885 shares during the period. Principal Financial Group Inc. raised its position in Federal Realty Investment Trust by 8.7% in the third quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock valued at $10,727,000 after purchasing an additional 7,501 shares during the period. Meridian Wealth Management LLC purchased a new position in Federal Realty Investment Trust in the third quarter valued at about $1,322,000. Vert Asset Management LLC raised its position in Federal Realty Investment Trust by 12.3% in the fourth quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust’s stock valued at $3,697,000 after purchasing an additional 3,617 shares during the period. Finally, Blue Trust Inc. raised its position in Federal Realty Investment Trust by 14.5% in the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $159,000 after purchasing an additional 175 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Up 1.5 %

NYSE:FRT opened at $105.54 on Monday. The company has a market capitalization of $9.04 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.20 and a beta of 1.24. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The stock has a 50-day simple moving average of $107.51 and a 200 day simple moving average of $111.63. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts’ consensus estimates of $1.73. The business had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. Sell-side analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.17%. Federal Realty Investment Trust’s payout ratio is currently 128.28%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Raymond James cut their price objective on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Wells Fargo & Company cut their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. Mizuho lowered their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating for the company in a research note on Tuesday, February 25th. Finally, StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.85.

Federal Realty Investment Trust Company Profile

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.