Federal Realty Investment Trust (NYSE:FRT) CEO Donald C. Wood sold 9,900 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $132.44, for a total value of $1,311,156.00. The sale was disclosed in a filing with the SEC, which is available through this link.

Donald C. Wood also recently made the following trade(s):

  • On Tuesday, November 14th, Donald C. Wood sold 40,000 shares of Federal Realty Investment Trust stock. The stock was sold at an average price of $131.88, for a total value of $5,275,200.00.
  • On Thursday, September 7th, Donald C. Wood sold 21,342 shares of Federal Realty Investment Trust stock. The shares were sold at an average price of $130.86, for a total value of $2,792,814.12.
  • On Thursday, September 7th, Donald C. Wood sold 9,286 shares of Federal Realty Investment Trust stock. The shares were sold at an average price of $131.12, for a total value of $1,217,580.32.

Shares of Federal Realty Investment Trust (NYSE FRT) traded up $0.31 during trading hours on Friday, reaching $131.90. 405,500 shares of the company were exchanged, compared to its average volume of 470,146. The company has a market capitalization of $9,546.44, a P/E ratio of 22.34, a price-to-earnings-growth ratio of 3.71 and a beta of 0.31. Federal Realty Investment Trust has a 52 week low of $119.37 and a 52 week high of $145.80. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.27.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Friday, December 29th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 97.56%.

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Several research analysts have issued reports on the company. UBS AG upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and boosted their target price for the company from $131.00 to $141.00 in a research report on Thursday, November 9th. Mizuho restated a “buy” rating and set a $142.00 target price on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. Boenning Scattergood restated a “buy” rating and set a $140.00 target price on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. BMO Capital Markets assumed coverage on Federal Realty Investment Trust in a research report on Sunday, September 17th. They set an “outperform” rating and a $145.00 target price for the company. Finally, Jefferies Group LLC dropped their target price on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating for the company in a research report on Friday, September 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $140.50.

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Federal Realty Investment Trust by 1.0% in the second quarter. Vanguard Group Inc. now owns 12,396,763 shares of the real estate investment trust’s stock worth $1,566,826,000 after buying an additional 120,301 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Federal Realty Investment Trust by 43.9% during the third quarter. JPMorgan Chase & Co. now owns 3,376,898 shares of the real estate investment trust’s stock worth $420,257,000 after purchasing an additional 1,030,604 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Federal Realty Investment Trust by 44.4% during the second quarter. Daiwa Securities Group Inc. now owns 2,201,475 shares of the real estate investment trust’s stock worth $278,244,000 after purchasing an additional 677,382 shares in the last quarter. PGGM Investments increased its position in shares of Federal Realty Investment Trust by 4.8% during the third quarter. PGGM Investments now owns 1,299,000 shares of the real estate investment trust’s stock worth $161,349,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Uniplan Investment Counsel Inc. increased its position in shares of Federal Realty Investment Trust by 199.9% during the second quarter. Uniplan Investment Counsel Inc. now owns 1,168,479 shares of the real estate investment trust’s stock worth $49,926,000 after purchasing an additional 778,865 shares in the last quarter. 93.84% of the stock is owned by institutional investors.

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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