Federal Realty Investment Trust (NYSE:FRT) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT - Get Free Report) have earned an average rating of "Moderate Buy" from the thirteen brokerages that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $112.54.

A number of analysts recently commented on the company. BMO Capital Markets reaffirmed an "outperform" rating and set a $110.00 price target on shares of Federal Realty Investment Trust in a research report on Monday, May 26th. Raymond James Financial reduced their price objective on Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating for the company in a research note on Friday, May 23rd. Truist Financial cut Federal Realty Investment Trust from a "buy" rating to a "hold" rating and lowered their target price for the stock from $114.00 to $105.00 in a research note on Thursday, March 13th. Citigroup reissued a "neutral" rating and issued a $106.00 price target (down from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Finally, UBS Group decreased their price objective on shares of Federal Realty Investment Trust from $118.00 to $103.00 and set a "neutral" rating for the company in a report on Monday, June 16th.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Federal Realty Investment Trust by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 13,041,061 shares of the real estate investment trust's stock valued at $1,459,947,000 after purchasing an additional 218,671 shares in the last quarter. Norges Bank bought a new position in Federal Realty Investment Trust in the 4th quarter worth about $810,544,000. Resolution Capital Ltd grew its holdings in Federal Realty Investment Trust by 12.4% during the 4th quarter. Resolution Capital Ltd now owns 3,523,155 shares of the real estate investment trust's stock valued at $394,417,000 after buying an additional 389,266 shares in the last quarter. Invesco Ltd. increased its position in shares of 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 valued at $341,833,000 after buying an additional 893,258 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 2,033,880 shares of the real estate investment trust's stock worth $227,457,000 after buying an additional 77,783 shares in the last quarter. Institutional investors own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Down 0.2%

FRT traded down $0.19 during midday trading on Thursday, reaching $94.65. 902,215 shares of the company were exchanged, compared to its average volume of 702,615. The company has a market cap of $8.12 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 4.12 and a beta of 1.11. The company's fifty day moving average price is $95.30 and its 200 day moving average price is $100.46. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $118.34. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.72 and a current ratio of 1.72.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.01. The firm had revenue of $302.29 million for the quarter, compared to the consensus estimate of $307.55 million. Federal Realty Investment Trust had a net margin of 24.77% and a return on equity of 9.97%. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.64 EPS. As a group, analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.65%. Federal Realty Investment Trust's dividend payout ratio is 126.07%.

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.