Sarasin & Partners LLP boosted its position in Federal Realty Investment Trust (NYSE:FRT) by 3.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,752 shares of the real estate investment trust’s stock after purchasing an additional 528 shares during the quarter. Sarasin & Partners LLP’s holdings in Federal Realty Investment Trust were worth $1,832,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in FRT. Toronto Dominion Bank increased its stake in shares of Federal Realty Investment Trust by 25.8% during the 2nd quarter. Toronto Dominion Bank now owns 24,471 shares of the real estate investment trust’s stock valued at $3,092,000 after acquiring an additional 5,013 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Federal Realty Investment Trust by 1.1% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 113,222 shares of the real estate investment trust’s stock valued at $14,310,000 after acquiring an additional 1,229 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Federal Realty Investment Trust by 173.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,346,294 shares of the real estate investment trust’s stock valued at $296,548,000 after acquiring an additional 1,489,133 shares during the last quarter. Delta Lloyd Asset Management N.V. acquired a new position in shares of Federal Realty Investment Trust during the 2nd quarter valued at about $12,495,000. Finally, PGGM Investments increased its stake in shares of Federal Realty Investment Trust by 4.8% during the 3rd quarter. PGGM Investments now owns 1,299,000 shares of the real estate investment trust’s stock valued at $161,349,000 after acquiring an additional 60,000 shares during the last quarter. 94.60% of the stock is owned by hedge funds and other institutional investors.

Shares of Federal Realty Investment Trust (NYSE:FRT) traded up $0.33 during trading hours on Friday, hitting $132.54. The stock had a trading volume of 388,261 shares, compared to its average volume of 466,089. 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 has a 1-year low of $119.37 and a 1-year high of $145.80. The stock has a market cap of $9,620.00, a PE ratio of 22.26, a P/E/G ratio of 3.70 and a beta of 0.31.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $217.95 million during the quarter, compared to analysts’ expectations of $213.63 million. During the same quarter in the previous year, the business earned $1.41 EPS. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. research analysts expect that Federal Realty Investment Trust will post 5.91 EPS for the current year.

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

In other news, EVP Dawn M. Becker sold 21,814 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president now owns 145,809 shares in the company, valued at approximately $19,087,856.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald C. Wood sold 21,342 shares of the business’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $130.86, for a total value of $2,792,814.12. The disclosure for this sale can be found here. Insiders have sold a total of 102,342 shares of company stock valued at $13,452,421 in the last quarter. Company insiders own 1.10% of the company’s stock.

FRT has been the subject of a number of research analyst reports. Stifel Nicolaus initiated coverage on shares of Federal Realty Investment Trust in a research note on Thursday. They set a “buy” rating and a $144.00 price objective for the company. Boenning Scattergood set a $140.00 price objective on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research note on Friday, August 4th. Citigroup upped their price objective on shares of Federal Realty Investment Trust from $147.00 to $148.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Jefferies Group dropped their price objective on shares of Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating for the company in a research note on Friday, September 15th. Finally, Mizuho reaffirmed a “buy” rating and set a $142.00 price objective on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $140.82.

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

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