Federal Realty Investment Trust (NYSE:FRT)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $169.28 and last traded at $169.06, with a volume of 179,247 shares trading hands. The stock had previously closed at $165.81.

A number of brokerages have recently issued reports on FRT. DA Davidson began coverage on shares of Federal Realty Investment Trust in a research report on Friday, April 1st. They set a “neutral” rating and a $160.00 target price on the stock. Citigroup Inc. upped their target price on shares of Federal Realty Investment Trust from $150.00 to $156.00 and gave the stock a “neutral” rating in a research report on Friday, April 1st. Royal Bank Of Canada lowered shares of Federal Realty Investment Trust from a “sector perform” rating to an “underperform” rating and reduced their target price for the stock from $136.00 to $130.00 in a research report on Friday, May 6th. Mizuho began coverage on shares of Federal Realty Investment Trust in a research report on Wednesday, April 13th. They set a “neutral” rating and a $158.00 target price on the stock. Finally, Stifel Nicolaus lowered shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating in a research report on Friday, June 24th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Federal Realty Investment Trust currently has a consensus rating of “Hold” and a consensus target price of $152.45.

The company’s 50 day moving average is $163.45 and its 200 day moving average is $155.07. The stock has a market capitalization of $12.03 billion and a PE ratio of 49.02.

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

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Wednesday, June 22nd were paid a $0.94 dividend. The ex-dividend date of this dividend was Monday, June 20th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.22%.

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

A number of large investors have bought and sold shares of the company. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in Federal Realty Investment Trust by 5.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 17,999 shares of the real estate investment trust’s stock valued at $2,630,000 after buying an additional 886 shares in the last quarter. Andra AP fonden raised its stake in Federal Realty Investment Trust by 1.8% in the fourth quarter. Andra AP fonden now owns 92,000 shares of the real estate investment trust’s stock valued at $13,441,000 after buying an additional 1,600 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in Federal Realty Investment Trust by 5.1% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 41,950 shares of the real estate investment trust’s stock valued at $6,129,000 after buying an additional 2,047 shares in the last quarter. Standard Life Investments LTD raised its stake in Federal Realty Investment Trust by 3.1% in the fourth quarter. Standard Life Investments LTD now owns 72,426 shares of the real estate investment trust’s stock valued at $10,585,000 after buying an additional 2,188 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in Federal Realty Investment Trust by 13.3% in the fourth quarter. Stephens Inc. AR now owns 19,703 shares of the real estate investment trust’s stock valued at $2,879,000 after buying an additional 2,312 shares in the last quarter.

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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