Crossmark Global Holdings Inc. Has $282,000 Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Crossmark Global Holdings Inc. decreased its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 27.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,457 shares of the real estate investment trust’s stock after selling 913 shares during the period. Crossmark Global Holdings Inc.’s holdings in Federal Realty Investment Trust were worth $282,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FRT. Vanguard Group Inc. raised its stake in shares of Federal Realty Investment Trust by 1.5% in the first quarter. Vanguard Group Inc. now owns 12,731,109 shares of the real estate investment trust’s stock worth $1,300,101,000 after acquiring an additional 193,740 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Federal Realty Investment Trust during the 1st quarter worth $231,000. UniSuper Management Pty Ltd lifted its holdings in Federal Realty Investment Trust by 33.3% during the 1st quarter. UniSuper Management Pty Ltd now owns 31,830 shares of the real estate investment trust’s stock worth $3,250,000 after buying an additional 7,960 shares in the last quarter. Mattern Capital Management LLC boosted its position in Federal Realty Investment Trust by 9.2% in the 1st quarter. Mattern Capital Management LLC now owns 72,708 shares of the real estate investment trust’s stock valued at $7,425,000 after buying an additional 6,125 shares during the last quarter. Finally, Vident Advisory LLC increased its stake in shares of Federal Realty Investment Trust by 107.9% in the 1st quarter. Vident Advisory LLC now owns 46,501 shares of the real estate investment trust’s stock valued at $4,749,000 after buying an additional 24,134 shares during the period. Institutional investors own 93.86% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FRT shares. Mizuho upped their price target on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a research note on Monday, August 19th. Scotiabank cut their target price on shares of Federal Realty Investment Trust from $120.00 to $119.00 and set a “sector outperform” rating on the stock in a research report on Friday, October 11th. Citigroup upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $120.00 to $135.00 in a research report on Friday, September 13th. Raymond James boosted their price target on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Finally, Evercore ISI raised their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $122.85.

Federal Realty Investment Trust Trading Up 0.1 %

Shares of NYSE FRT opened at $113.54 on Monday. Federal Realty Investment Trust has a twelve month low of $90.84 and a twelve month high of $118.34. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 33.01, a P/E/G ratio of 2.14 and a beta of 1.24. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The company’s fifty day moving average is $113.58 and its 200-day moving average is $108.67.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be paid a $1.10 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 3.88%. Federal Realty Investment Trust’s payout ratio is 127.91%.

Insider Transactions at Federal Realty Investment Trust

In other news, CEO Donald C. Wood sold 5,937 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $116.47, for a total transaction of $691,482.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by insiders.

Federal Realty Investment Trust 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.