Federal Realty Investment Trust (NYSE:FRT) Shares Bought by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC raised its holdings in Federal Realty Investment Trust (NYSE:FRT) by 8.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 811,945 shares of the real estate investment trust’s stock after acquiring an additional 60,671 shares during the period. Federal Realty Investment Trust comprises 1.6% of Cbre Investment Management Listed Real Assets LLC’s portfolio, making the stock its 18th biggest holding. Cbre Investment Management Listed Real Assets LLC’s holdings in Federal Realty Investment Trust were worth $90,897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in Federal Realty Investment Trust by 3.6% in 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. Principal Financial Group Inc. lifted its holdings in Federal Realty Investment Trust by 8.7% in the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock valued at $10,727,000 after acquiring an additional 7,501 shares during the last quarter. Meridian Wealth Management LLC acquired a new stake in Federal Realty Investment Trust in the 3rd quarter valued at about $1,322,000. Vert Asset Management LLC increased its holdings in Federal Realty Investment Trust by 12.3% in the fourth quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust’s stock worth $3,697,000 after buying an additional 3,617 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in Federal Realty Investment Trust by 14.5% in the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $159,000 after buying an additional 175 shares during the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Down 2.2 %

FRT opened at $103.18 on Wednesday. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The firm’s fifty day moving average price is $107.37 and its two-hundred day moving average price is $111.56. The company has a market capitalization of $8.84 billion, a P/E ratio of 30.08, a P/E/G ratio of 2.20 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. On average, analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.26%. Federal Realty Investment Trust’s dividend payout ratio is currently 128.28%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price target for the company from $122.00 to $125.00 in a report on Friday, December 20th. Scotiabank lowered their price target on Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Stifel Nicolaus lowered their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Finally, Mizuho lowered their price target on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus price target of $121.85.

Federal Realty Investment Trust Company Profile

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.