Federal Realty Investment Trust (NYSE:FRT) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lessened its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,393 shares of the real estate investment trust’s stock after selling 182 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Federal Realty Investment Trust were worth $1,947,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Oregon Public Employees Retirement Fund lifted its stake in shares of Federal Realty Investment Trust by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust’s stock worth $734,000 after acquiring an additional 110 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 111 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of Federal Realty Investment Trust by 2.7% in the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock worth $533,000 after acquiring an additional 125 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in shares of Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after acquiring an additional 137 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in shares of Federal Realty Investment Trust by 11.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock worth $161,000 after acquiring an additional 142 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Stifel Nicolaus cut their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. 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 note on Wednesday, January 29th. 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 note on Tuesday, February 18th. JPMorgan Chase & Co. cut their price objective on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating on the stock in a research note on Friday. 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $121.00.

Federal Realty Investment Trust Stock Up 0.3 %

NYSE:FRT opened at $101.21 on Friday. Federal Realty Investment Trust has a 52 week low of $95.97 and a 52 week high of $118.34. The firm has a market capitalization of $8.67 billion, a PE ratio of 29.51, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. The stock has a 50 day moving average of $106.56 and a 200-day moving average of $111.28. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45.

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

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 128.28%.

Federal Realty Investment Trust 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.