Analysts Set Federal Realty Investment Trust (NYSE:FRT) PT at $123.62

Federal Realty Investment Trust (NYSE:FRT) has received an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $123.62.

A number of research firms have recently commented on FRT. Compass Point boosted their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Scotiabank raised their price target on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. Evercore ISI upped their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a research report 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 target price for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Finally, Citigroup upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their price target for the company from $120.00 to $135.00 in a research note on Friday, September 13th.

Federal Realty Investment Trust Price Performance

FRT stock opened at $109.63 on Thursday. The company’s 50-day moving average price is $113.22 and its two-hundred day moving average price is $111.51. The firm has a market cap of $9.09 billion, a P/E ratio of 31.87, a P/E/G ratio of 2.14 and a beta of 1.25. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust’s payout ratio is presently 127.91%.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several institutional investors have recently modified their holdings of the business. NBC Securities Inc. lifted its position in shares of Federal Realty Investment Trust by 81.7% during the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 107 shares during the last quarter. CWM LLC raised its holdings in Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 110 shares during the period. PFG Investments LLC lifted its position in shares of Federal Realty Investment Trust by 2.0% during the second quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust’s stock worth $625,000 after acquiring an additional 124 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Federal Realty Investment Trust by 2.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust’s stock valued at $535,000 after purchasing an additional 143 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in Federal Realty Investment Trust by 1.5% during the 3rd quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust’s stock worth $1,123,000 after purchasing an additional 149 shares in the last quarter. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Company Profile

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.