Hopwood Financial Services Inc. Invests $101,000 in Federal Realty Investment Trust (NYSE:FRT)

Hopwood Financial Services Inc. purchased a new position in shares of Federal Realty Investment Trust (NYSE:FRT) in the fourth quarter, Holdings Channel.com reports. The firm purchased 900 shares of the real estate investment trust’s stock, valued at approximately $101,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $561,743,000 after acquiring an additional 168,885 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Federal Realty Investment Trust by 0.4% during the 3rd 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 acquiring an additional 7,160 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Federal Realty Investment Trust by 3.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,285,189 shares of the real estate investment trust’s stock valued at $143,877,000 after acquiring an additional 37,274 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its holdings in Federal Realty Investment Trust by 8.1% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 811,945 shares of the real estate investment trust’s stock valued at $90,897,000 after acquiring an additional 60,671 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in Federal Realty Investment Trust by 1,463.8% during the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after acquiring an additional 572,008 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Trading Down 1.3 %

Shares of FRT opened at $97.03 on Thursday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The stock’s 50-day moving average price is $106.07 and its 200 day moving average price is $111.03. The firm has a market capitalization of $8.31 billion, a price-to-earnings ratio of 28.29, a P/E/G ratio of 2.20 and a beta of 1.27. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.73. The company had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. As a group, research analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s payout ratio is 128.28%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on FRT shares. Stifel Nicolaus dropped their price objective on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. Wells Fargo & Company dropped their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. Mizuho dropped their price objective on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 25th. JPMorgan Chase & Co. dropped their price objective on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Finally, StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $121.00.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.