Federal Realty Investment Trust (NYSE:FRT) EVP Dawn M. Becker sold 2,281 shares of Federal Realty Investment Trust stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $133.05, for a total transaction of $303,487.05. Following the transaction, the executive vice president now owns 123,744 shares in the company, valued at $16,464,139.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Federal Realty Investment Trust (FRT) traded down 2.00% during trading on Friday, hitting $129.40. 365,560 shares of the stock traded hands. The company has a market capitalization of $9.35 billion, a P/E ratio of 37.47 and a beta of 0.29. Federal Realty Investment Trust has a one year low of $120.50 and a one year high of $162.06. The company’s 50 day moving average is $129.51 and its 200 day moving average is $132.10.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.46 by $0.03. Federal Realty Investment Trust had a net margin of 30.40% and a return on equity of 10.91%. The company had revenue of $208 million during the quarter, compared to the consensus estimate of $208.33 million. During the same quarter in the prior year, the firm earned $1.42 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year. On average, equities analysts forecast that Federal Realty Investment Trust will post $3.28 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 22nd will be given a dividend of $1.00 per share. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. The ex-dividend date is Thursday, September 21st. This represents a $4.00 annualized dividend and a dividend yield of 3.09%. Federal Realty Investment Trust’s dividend payout ratio is currently 113.62%.

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Several large investors have recently modified their holdings of FRT. BlackRock Inc. increased its stake in shares of Federal Realty Investment Trust by 2,290.9% in the first quarter. BlackRock Inc. now owns 7,899,071 shares of the real estate investment trust’s stock valued at $1,054,525,000 after buying an additional 7,568,695 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Federal Realty Investment Trust by 173.7% in the second quarter. JPMorgan Chase & Co. now owns 2,346,294 shares of the real estate investment trust’s stock valued at $296,548,000 after buying an additional 1,489,133 shares in the last quarter. APG Asset Management US Inc. bought a new stake in shares of Federal Realty Investment Trust during the second quarter valued at about $104,847,000. Uniplan Investment Counsel Inc. increased its stake in shares of Federal Realty Investment Trust by 199.9% in the second quarter. Uniplan Investment Counsel Inc. now owns 1,168,479 shares of the real estate investment trust’s stock valued at $49,926,000 after buying an additional 778,865 shares in the last quarter. Finally, Brookfield Asset Management Inc. bought a new stake in shares of Federal Realty Investment Trust during the first quarter valued at about $101,874,000. 94.84% of the stock is owned by institutional investors.

Several equities analysts have weighed in on FRT shares. Seaport Global Securities reiterated a “buy” rating on shares of Federal Realty Investment Trust in a research report on Thursday, April 27th. Citigroup Inc. reiterated a “buy” rating and set a $156.00 price objective (down from $160.00) on shares of Federal Realty Investment Trust in a research report on Sunday, June 11th. BidaskClub upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. Bank of America Corporation upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $140.00 to $146.00 in a research report on Friday, July 21st. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $136.00 price objective on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $152.38.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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