Swiss National Bank decreased its stake in Federal Realty Investment Trust (NYSE:FRT) by 0.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 502,622 shares of the real estate investment trust’s stock after selling 400 shares during the period. Swiss National Bank’s holdings in Federal Realty Investment Trust were worth $77,369,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Oakbrook Investments LLC increased its position in Federal Realty Investment Trust by 15.1% in the second quarter. Oakbrook Investments LLC now owns 4,194 shares of the real estate investment trust’s stock valued at $694,000 after buying an additional 550 shares during the period. Hartford Investment Management Co. increased its position in Federal Realty Investment Trust by 2.3% in the second quarter. Hartford Investment Management Co. now owns 17,456 shares of the real estate investment trust’s stock valued at $2,890,000 after buying an additional 386 shares during the period. Standard Life Investments LTD increased its position in Federal Realty Investment Trust by 7.4% in the second quarter. Standard Life Investments LTD now owns 85,217 shares of the real estate investment trust’s stock valued at $14,108,000 after buying an additional 5,858 shares during the period. Trust Co. of Toledo NA OH increased its position in Federal Realty Investment Trust by 0.4% in the second quarter. Trust Co. of Toledo NA OH now owns 10,565 shares of the real estate investment trust’s stock valued at $1,749,000 after buying an additional 44 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its position in Federal Realty Investment Trust by 1.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 260,386 shares of the real estate investment trust’s stock valued at $43,107,000 after buying an additional 3,770 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 141.17 on Tuesday. Federal Realty Investment Trust has a one year low of $134.39 and a one year high of $171.08. The stock’s 50 day moving average is $142.58 and its 200-day moving average is $154.85. The firm has a market cap of $10.13 billion, a P/E ratio of 38.39 and a beta of 0.36.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, November 2nd. The real estate investment trust reported $1.41 EPS for the quarter, missing analysts’ consensus estimates of $1.42 by $0.01. The company had revenue of $201.20 million for the quarter, compared to analysts’ expectations of $200.07 million. Federal Realty Investment Trust had a return on equity of 10.87% and a net margin of 32.89%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.36 EPS. Analysts anticipate that Federal Realty Investment Trust will post $5.60 EPS for the current fiscal year.

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Several research firms recently weighed in on FRT. Canaccord Genuity upped their price target on shares of Federal Realty Investment Trust from $167.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, August 16th. RBC Capital Markets restated an “underperform” rating and set a $140.00 price target (up previously from $130.00) on shares of Federal Realty Investment Trust in a research report on Wednesday, August 10th. Credit Suisse Group AG downgraded shares of Federal Realty Investment Trust from an “outperform” rating to a “neutral” rating and upped their price target for the stock from $168.00 to $170.00 in a research report on Friday, August 5th. Deutsche Bank AG upped their price target on shares of Federal Realty Investment Trust from $142.00 to $153.00 and gave the stock a “hold” rating in a research report on Wednesday, August 17th. Finally, Jefferies Group restated a “hold” rating on shares of Federal Realty Investment Trust in a research report on Wednesday, November 9th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $160.80.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT) engaged in the ownership, management, and redevelopment of retail and mixed-use properties. The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California.

5 Day Chart for NYSE:FRT

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