FourThought Financial Partners LLC Sells 380 Shares of Federal Realty Investment Trust (NYSE:FRT)

FourThought Financial Partners LLC trimmed its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,809 shares of the real estate investment trust’s stock after selling 380 shares during the period. FourThought Financial Partners LLC’s holdings in Federal Realty Investment Trust were worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group bought a new stake in Federal Realty Investment Trust during the third quarter valued at approximately $36,000. Venturi Wealth Management LLC increased its holdings in Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 333 shares during the period. Blue Trust Inc. increased its stake in shares of Federal Realty Investment Trust by 249.3% during the third quarter. Blue Trust Inc. now owns 1,205 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 860 shares during the period. Jackson Grant Investment Advisers Inc. raised its holdings in Federal Realty Investment Trust by 11.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after purchasing 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 4th quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 142 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Scotiabank raised their price target on 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. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price target for the company from $122.00 to $125.00 in a report on Friday, December 20th. Raymond James decreased their target price on shares of 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. Stifel Nicolaus decreased their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Finally, StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.23.

Federal Realty Investment Trust Trading Up 1.3 %

NYSE FRT opened at $105.59 on Tuesday. The firm’s 50-day moving average is $108.02 and its two-hundred day moving average is $111.82. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The stock has a market capitalization of $9.05 billion, a P/E ratio of 30.78, a PEG ratio of 2.20 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results 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 net margin of 24.38% and a return on equity of 9.89%. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. On average, sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 128.28%.

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.