Mizuho Has Lowered Expectations for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT) had its price objective cut by equities research analysts at Mizuho from $119.00 to $107.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price objective suggests a potential upside of 0.56% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday. Scotiabank lifted 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. Wells Fargo & Company lowered their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a report on Wednesday, January 29th. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Finally, Stifel Nicolaus decreased their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $122.54.

Federal Realty Investment Trust Price Performance

Shares of FRT stock traded up $0.78 during trading hours on Tuesday, hitting $106.41. The stock had a trading volume of 147,059 shares, compared to its average volume of 718,243. The stock’s 50-day moving average price is $108.02 and its two-hundred day moving average price is $111.82. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The stock has a market capitalization of $9.12 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 2.20 and a beta of 1.24. 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 (NYSE:FRT) last posted 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 for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. Equities analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Institutional Trading of Federal Realty Investment Trust

Institutional investors have recently bought and sold shares of the business. Brooklyn Investment Group acquired a new stake in Federal Realty Investment Trust in the 3rd quarter valued at $36,000. Kapitalo Investimentos Ltda purchased a new position in Federal Realty Investment Trust during the fourth quarter valued at $51,000. Venturi Wealth Management LLC grew its position in shares of Federal Realty Investment Trust by 244.9% in the fourth 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. Smartleaf Asset Management LLC increased its stake in shares of Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 111 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in shares of Federal Realty Investment Trust by 592.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust’s stock worth $77,000 after purchasing an additional 592 shares in the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

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.