Federal Realty Investment Trust (NYSE:FRT) Stock Rating Lowered by StockNews.com

Federal Realty Investment Trust (NYSE:FRT) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Wednesday.

Other research analysts also recently issued research reports about the company. Citigroup raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their target price for the stock from $120.00 to $135.00 in a report on Friday, September 13th. Evercore ISI raised their price objective on 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. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Scotiabank increased their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Finally, Compass Point lifted their price target on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $123.62.

Federal Realty Investment Trust Stock Performance

Shares of Federal Realty Investment Trust stock opened at $104.52 on Wednesday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The firm’s 50-day simple moving average is $112.73 and its 200-day simple moving average is $111.68. The firm has a market cap of $8.67 billion, a PE ratio of 30.38, a price-to-earnings-growth ratio of 2.17 and a beta of 1.25.

Hedge Funds Weigh In On Federal Realty Investment Trust

Hedge funds have recently bought and sold shares of the business. NBC Securities Inc. increased its holdings 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 acquiring an additional 107 shares during the last quarter. Brooklyn Investment Group acquired a new position in Federal Realty Investment Trust during the third quarter valued at approximately $36,000. Eastern Bank bought a new position in shares of Federal Realty Investment Trust in the third quarter valued at approximately $52,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Federal Realty Investment Trust by 2,475.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust’s stock worth $71,000 after buying an additional 594 shares during the last quarter. Finally, Y.D. More Investments Ltd bought a new stake in shares of Federal Realty Investment Trust during the 2nd quarter worth $96,000. 93.86% of the stock is owned by institutional investors and hedge funds.

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.