Federal Realty Investment Trust (NYSE:FRT) Rating Increased to Hold at StockNews.com

Federal Realty Investment Trust (NYSE:FRTGet Free Report) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

Several other research analysts have also recently issued reports on the company. Compass Point increased their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Citigroup raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $120.00 to $135.00 in a research note on Friday, September 13th. Evercore ISI upped their price target on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Finally, Scotiabank upped their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a research report on Monday, November 25th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $123.62.

Read Our Latest Stock Analysis on Federal Realty Investment Trust

Federal Realty Investment Trust Stock Performance

Shares of NYSE FRT opened at $111.95 on Tuesday. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48. The company has a market cap of $9.29 billion, a PE ratio of 32.54, a P/E/G ratio of 2.14 and a beta of 1.24. The stock has a 50 day simple moving average of $113.37 and a 200-day simple moving average of $111.47.

Institutional Investors Weigh In On Federal Realty Investment Trust

Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Federal Realty Investment Trust by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after purchasing an additional 168,885 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Federal Realty Investment Trust by 4.7% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust’s stock worth $201,355,000 after buying an additional 90,395 shares during the period. Geode Capital Management LLC grew its holdings in shares of Federal Realty Investment Trust by 0.4% during the third quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock valued at $224,565,000 after buying an additional 7,160 shares in the last quarter. ProShare Advisors LLC raised its position in Federal Realty Investment Trust by 2.2% during the second quarter. ProShare Advisors LLC now owns 1,732,026 shares of the real estate investment trust’s stock valued at $174,883,000 after buying an additional 36,880 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Federal Realty Investment Trust by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,247,915 shares of the real estate investment trust’s stock worth $143,473,000 after acquiring an additional 42,209 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

(Get Free Report)

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.

Featured Stories

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

Receive News & Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.