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

Shares of Federal Realty Investment Trust (NYSE:FRT - Get Free Report) have received a consensus rating of "Moderate Buy" from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $112.54.

A number of analysts have issued reports on the company. BMO Capital Markets reissued an "outperform" rating and issued a $110.00 price target on shares of Federal Realty Investment Trust in a research note on Monday, May 26th. Citigroup reiterated a "neutral" rating and set a $106.00 target price (down from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. UBS Group dropped their target price on Federal Realty Investment Trust from $118.00 to $103.00 and set a "neutral" rating on the stock in a report on Monday, June 16th. JPMorgan Chase & Co. downgraded Federal Realty Investment Trust from an "overweight" rating to a "neutral" rating and set a $108.00 price objective on the stock. in a report on Monday, June 23rd. Finally, Raymond James Financial decreased their target price on Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating for the company in a research report on Friday, May 23rd.

Federal Realty Investment Trust Price Performance

Shares of FRT traded down $0.19 during trading hours on Thursday, reaching $94.65. 902,215 shares of the company traded hands, compared to its average volume of 702,414. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $8.12 billion, a PE ratio of 27.12, a price-to-earnings-growth ratio of 4.11 and a beta of 1.11. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.34. The stock has a fifty day simple moving average of $95.30 and a 200 day simple moving average of $100.28.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings results 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. Federal Realty Investment Trust had a return on equity of 9.97% and a net margin of 24.77%. The firm had revenue of $302.29 million for the quarter, compared to analyst estimates of $307.55 million. During the same period last year, the company earned $1.64 EPS. The firm's quarterly revenue was up 6.1% on a year-over-year basis. As a group, research analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $1.10 per share. 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 (DPR) is presently 126.07%.

Institutional Trading of Federal Realty Investment Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. FIL Ltd raised its position in shares of 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. Oregon Public Employees Retirement Fund raised its position in shares of Federal Realty Investment Trust by 1.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock worth $734,000 after purchasing an additional 110 shares during the period. Smartleaf Asset Management LLC raised its position in Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock valued at $62,000 after buying an additional 111 shares during the period. Keybank National Association OH raised its position in Federal Realty Investment Trust by 5.1% during the fourth quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock valued at $293,000 after buying an additional 128 shares during the period. Finally, Versant Capital Management Inc raised its position in Federal Realty Investment Trust by 82.3% during the first quarter. Versant Capital Management Inc now owns 288 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 130 shares during the period. Institutional investors own 93.86% of the company's stock.

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.