Federal Realty Investment Trust (NYSE:FRT) fell 1.8% during mid-day trading on Thursday . The company traded as low as $159.29 and last traded at $159.29, with a volume of 132,853 shares trading hands. The stock had previously closed at $162.19.

A number of brokerages recently weighed in on FRT. Canaccord Genuity restated a “buy” rating on shares of Federal Realty Investment Trust in a research note on Saturday, May 14th. Citigroup Inc. lifted their price objective on shares of Federal Realty Investment Trust from $157.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday. RBC Capital Markets restated an “underperform” rating and set a $140.00 price objective (up from $130.00) on shares of Federal Realty Investment Trust in a research note on Wednesday. Jefferies Group restated a “hold” rating and set a $173.00 price objective on shares of Federal Realty Investment Trust in a research note on Friday, August 5th. Finally, Royal Bank Of Canada cut shares of Federal Realty Investment Trust from a “sector perform” rating to an “underperform” rating and cut their price objective for the company from $136.00 to $130.00 in a research note on Friday, May 6th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. Federal Realty Investment Trust presently has a consensus rating of “Hold” and a consensus target price of $154.00.

The company has a market cap of $11.42 billion and a PE ratio of 44.29. The firm has a 50-day moving average price of $165.38 and a 200 day moving average price of $156.14.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Thursday, August 4th. The real estate investment trust reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.01. During the same quarter last year, the company earned $1.33 earnings per share. The company earned $196.42 million during the quarter, compared to the consensus estimate of $196.26 million. The business’s revenue was up 8.9% on a year-over-year basis. Equities analysts expect that Federal Realty Investment Trust will post $5.67 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Thursday, September 22nd will be given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 2.45%. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.94.

Several hedge funds have made changes to their positions in FRT. BlackRock Advisors LLC boosted its stake in shares of Federal Realty Investment Trust by 14.6% in the fourth quarter. BlackRock Advisors LLC now owns 137,910 shares of the real estate investment trust’s stock valued at $20,149,000 after buying an additional 17,608 shares during the last quarter. KBC Group NV boosted its stake in shares of Federal Realty Investment Trust by 21.0% in the fourth quarter. KBC Group NV now owns 22,877 shares of the real estate investment trust’s stock valued at $3,343,000 after buying an additional 3,968 shares during the last quarter. State of Tennessee Treasury Department boosted its stake in shares of Federal Realty Investment Trust by 64.5% in the fourth quarter. State of Tennessee Treasury Department now owns 25,500 shares of the real estate investment trust’s stock valued at $3,726,000 after buying an additional 10,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Federal Realty Investment Trust by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 856,369 shares of the real estate investment trust’s stock valued at $125,119,000 after buying an additional 18,963 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Federal Realty Investment Trust by 377.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 9,465 shares of the real estate investment trust’s stock valued at $1,383,000 after buying an additional 7,484 shares during 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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