Federal Realty Investment Trust (NYSE:FRT) was upgraded by investment analysts at UBS AG from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage currently has a $141.00 price target on the real estate investment trust’s stock, up from their prior price target of $131.00. UBS AG’s target price indicates a potential upside of 6.81% from the company’s previous close.

Several other equities analysts also recently commented on FRT. Bank of America Corporation raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $140.00 to $146.00 in a research report on Friday, July 21st. BidaskClub raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $136.00 price objective on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. Boenning Scattergood set a $140.00 price objective on Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Friday, August 4th. Finally, Evercore ISI downgraded Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 price objective on the stock. in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $140.50.

Shares of Federal Realty Investment Trust (NYSE FRT) opened at $132.01 on Thursday. Federal Realty Investment Trust has a twelve month low of $119.37 and a twelve month high of $145.80. The firm has a market capitalization of $9,535.56, a price-to-earnings ratio of 22.32, a P/E/G ratio of 5.02 and a beta of 0.31. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.27.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.03. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The company had revenue of $217.95 million for the quarter, compared to analyst estimates of $213.63 million. During the same quarter in the prior year, the firm posted $1.41 EPS. Federal Realty Investment Trust’s quarterly revenue was up 8.3% compared to the same quarter last year. equities analysts forecast that Federal Realty Investment Trust will post 5.91 earnings per share for the current fiscal year.

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In other news, EVP Dawn M. Becker sold 21,814 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $130.91, for a total transaction of $2,855,670.74. Following the transaction, the executive vice president now owns 145,809 shares of the company’s stock, valued at approximately $19,087,856.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Donald C. Wood sold 9,286 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $131.12, for a total value of $1,217,580.32. The disclosure for this sale can be found here. Insiders have sold a total of 52,442 shares of company stock worth $6,866,065 in the last three months. Corporate insiders own 1.10% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Advisor Group Inc. grew its position in shares of Federal Realty Investment Trust by 27.4% during the 2nd quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $173,000 after buying an additional 297 shares in the last quarter. Global X Management Co. LLC grew its position in shares of Federal Realty Investment Trust by 16.0% during the 2nd quarter. Global X Management Co. LLC now owns 1,444 shares of the real estate investment trust’s stock worth $183,000 after buying an additional 199 shares in the last quarter. Advisor Partners LLC bought a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth $203,000. Timber Hill LLC bought a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth $215,000. Finally, Pacer Advisors Inc. grew its position in shares of Federal Realty Investment Trust by 9.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,740 shares of the real estate investment trust’s stock worth $220,000 after buying an additional 145 shares in the last quarter. 93.87% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Company Profile

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.

Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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