Capital Fund Management S.A. Takes $1.86 Million Position in Federal Realty Investment Trust (NYSE:FRT)

Capital Fund Management S.A. bought a new position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,590 shares of the real estate investment trust's stock, valued at approximately $1,857,000.

Several other hedge funds also recently made changes to their positions in the business. APG Asset Management US Inc. bought a new position in Federal Realty Investment Trust during the 4th quarter worth $20,243,000. Raymond James Financial Inc. bought a new position in shares of Federal Realty Investment Trust in the fourth quarter worth $17,187,000. APG Asset Management N.V. acquired a new position in Federal Realty Investment Trust in the fourth quarter valued at about $4,616,000. FIL Ltd lifted its position in Federal Realty Investment Trust by 0.3% during the fourth quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock worth $3,984,000 after purchasing an additional 95 shares during the period. Finally, Invesco Ltd. grew its stake in Federal Realty Investment Trust by 41.4% during the fourth quarter. Invesco Ltd. now owns 3,053,443 shares of the real estate investment trust's stock worth $341,833,000 after buying an additional 893,258 shares in the last quarter. 93.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

FRT has been the subject of a number of recent analyst reports. Stifel Nicolaus cut their price target on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a report on Friday, February 14th. Wells Fargo & Company decreased their price target on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Mizuho decreased their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th. Finally, Raymond James reduced their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 18th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $116.00.

Federal Realty Investment Trust Trading Up 1.7 %

Shares of FRT stock traded up $1.54 on Friday, hitting $93.61. The company had a trading volume of 542,239 shares, compared to its average volume of 676,958. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.34. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market cap of $8.03 billion, a P/E ratio of 27.29, a P/E/G ratio of 2.20 and a beta of 1.08. The stock's 50-day moving average is $98.05 and its two-hundred day moving average is $106.61.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) 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, equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend was Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio is 128.28%.

Federal Realty Investment Trust 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.