Federal Realty Investment Trust (NYSE:FRT) shares were down 0.9% during mid-day trading on Tuesday . The company traded as low as $165.44 and last traded at $166.69, with a volume of 144,968 shares traded. The stock had previously closed at $168.17.

A number of research analysts have recently issued reports on FRT shares. DA Davidson started coverage on shares of Federal Realty Investment Trust in a research report on Friday, April 1st. They issued a “neutral” rating and a $160.00 price objective on the stock. Canaccord Genuity reaffirmed a “buy” rating on shares of Federal Realty Investment Trust in a research report on Saturday, May 14th. Citigroup Inc. reaffirmed a “hold” rating on shares of Federal Realty Investment Trust in a research report on Monday, April 4th. Mizuho started coverage on shares of Federal Realty Investment Trust in a research report on Wednesday, April 13th. They issued a “neutral” rating and a $158.00 price objective on the stock. Finally, Stifel Nicolaus downgraded shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating in a research report on Friday, June 24th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $152.27.

The company’s 50 day moving average is $158.95 and its 200 day moving average is $153.35. The firm has a market capitalization of $11.82 billion and a price-to-earnings ratio of 48.17.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Wednesday, May 4th. The real estate investment trust reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.01. The business earned $198.30 million during the quarter, compared to analyst estimates of $196.87 million. During the same period last year, the business posted $1.26 EPS. Federal Realty Investment Trust’s revenue was up 7.3% compared to the same quarter last year. On average, equities analysts predict that Federal Realty Investment Trust will post $5.68 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 15th. Stockholders of record on Wednesday, June 22nd will be paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Monday, June 20th.

In other news, CEO Donald C. Wood sold 18,701 shares of Federal Realty Investment Trust stock in a transaction on Monday, May 9th. The stock was sold at an average price of $158.17, for a total transaction of $2,957,937.17. Following the completion of the transaction, the chief executive officer now owns 337,102 shares of the company’s stock, valued at approximately $53,319,423.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dawn M. Becker sold 13,314 shares of Federal Realty Investment Trust stock in a transaction on Monday, May 9th. The stock was sold at an average price of $158.46, for a total value of $2,109,736.44. Following the transaction, the executive vice president now directly owns 127,768 shares of the company’s stock, valued at approximately $20,246,117.28. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Federal Realty Investment Trust by 0.9% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,128 shares of the real estate investment trust’s stock valued at $2,941,000 after buying an additional 172 shares during the period. GSA Capital Partners LLP purchased a new position in Federal Realty Investment Trust during the fourth quarter valued at about $1,033,000. Liberty Mutual Group Asset Management Inc. increased its position in Federal Realty Investment Trust by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 44,564 shares of the real estate investment trust’s stock valued at $6,510,000 after buying an additional 15,127 shares during the period. Green Street Investors LLC increased its position in Federal Realty Investment Trust by 36.3% in the fourth quarter. Green Street Investors LLC now owns 37,200 shares of the real estate investment trust’s stock valued at $5,435,000 after buying an additional 9,900 shares during the period. Finally, Mizuho Trust & Banking Co. Ltd. increased its position in Federal Realty Investment Trust by 2.5% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 118,915 shares of the real estate investment trust’s stock valued at $17,615,000 after buying an additional 2,949 shares during the period.

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company is engaged in the ownership, management, and redevelopment of retail and mixed-use properties. As of December 31, 2014, the Company owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties, which are operated as 89 retail real estate projects comprising approximately 20.2 million square feet.

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