Shares of Federal Realty Investment Trust (NYSE:FRT) have been given an average rating of “Buy” by the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $140.50.

Several equities research analysts recently commented on FRT shares. Boenning Scattergood set a $140.00 target price on Federal Realty Investment Trust and gave the stock a “buy” rating in a report on Friday, August 4th. Bank of America Corporation raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $140.00 to $146.00 in a report on Friday, July 21st. Citigroup Inc. boosted their target price on Federal Realty Investment Trust from $147.00 to $148.00 and gave the stock a “buy” rating in a report on Monday, August 14th. Jefferies Group LLC dropped their target price on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, September 15th. Finally, Mizuho reissued a “buy” rating and set a $142.00 target price on shares of Federal Realty Investment Trust in a report on Friday, November 3rd.

Federal Realty Investment Trust (FRT) traded up $0.60 on Monday, hitting $132.50. The stock had a trading volume of 428,098 shares, compared to its average volume of 421,663. The company has a market capitalization of $9,660.00, a PE ratio of 22.38, a PEG ratio of 3.72 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.23 and a current ratio of 1.23. Federal Realty Investment Trust has a 52 week low of $119.37 and a 52 week high of $145.80.

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 Zacks’ consensus estimate of $1.47 by $0.03. The company had revenue of $217.95 million for the quarter, compared to analysts’ expectations of $213.63 million. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The business’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 company posted $1.41 earnings per share. equities analysts forecast that Federal Realty Investment Trust will post 5.91 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be issued a $1.00 dividend. The ex-dividend date is Friday, December 29th. This represents a $4.00 annualized dividend and a dividend yield of 3.02%. Federal Realty Investment Trust’s dividend payout ratio is currently 127.39%.

In other Federal Realty Investment Trust news, insider Donald C. Wood sold 40,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $131.88, for a total value of $5,275,200.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Dawn M. Becker sold 21,814 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $130.91, for a total value of $2,855,670.74. Following the completion of the transaction, the executive vice president now directly owns 145,809 shares in the company, valued at approximately $19,087,856.19. The disclosure for this sale can be found here. Insiders sold 102,342 shares of company stock worth $13,452,421 in the last ninety days. 1.10% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Federal Realty Investment Trust by 0.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,367 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 18 shares in the last quarter. ING Groep NV increased its holdings in shares of Federal Realty Investment Trust by 0.6% in the second quarter. ING Groep NV now owns 3,699 shares of the real estate investment trust’s stock valued at $468,000 after buying an additional 22 shares in the last quarter. Kemper Corp Master Retirement Trust increased its holdings in shares of Federal Realty Investment Trust by 1.4% in the second quarter. Kemper Corp Master Retirement Trust now owns 1,750 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 25 shares in the last quarter. State of Tennessee Treasury Department increased its holdings in shares of Federal Realty Investment Trust by 0.3% in the second quarter. State of Tennessee Treasury Department now owns 19,757 shares of the real estate investment trust’s stock valued at $2,497,000 after buying an additional 60 shares in the last quarter. Finally, Xact Kapitalforvaltning AB increased its holdings in shares of Federal Realty Investment Trust by 1.7% in the second quarter. Xact Kapitalforvaltning AB now owns 5,596 shares of the real estate investment trust’s stock valued at $707,000 after buying an additional 91 shares in the last quarter. 93.84% of the stock is currently owned by institutional investors.

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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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