Federal Realty Investment Trust (NYSE:FRT) Stock Position Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 80.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,993 shares of the real estate investment trust's stock after acquiring an additional 53,474 shares during the period. Envestnet Asset Management Inc. owned approximately 0.14% of Federal Realty Investment Trust worth $13,433,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FRT. Oregon Public Employees Retirement Fund lifted its stake 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 in the last quarter. Smartleaf Asset Management LLC raised its stake 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 in the last quarter. Park Avenue Securities LLC lifted its holdings in Federal Realty Investment Trust by 2.7% during the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock worth $533,000 after buying an additional 125 shares during the last quarter. Keybank National Association OH lifted its holdings in Federal Realty Investment Trust by 5.1% during the 4th quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock worth $293,000 after buying an additional 128 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its position in shares of Federal Realty Investment Trust by 11.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust's stock worth $149,000 after acquiring an additional 137 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Performance

FRT traded up $1.27 during trading hours on Tuesday, hitting $93.56. The company's stock had a trading volume of 843,660 shares, compared to its average volume of 677,211. The company has a 50-day simple moving average of $97.33 and a 200 day simple moving average of $106.39. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $8.03 billion, a PE ratio of 27.28, a PEG ratio of 2.20 and a beta of 1.08. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.34.

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 EPS for the quarter, meeting analysts' consensus estimates of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. As a group, sell-side analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared 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 currently 128.28%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Stifel Nicolaus decreased their price objective 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. StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday, February 21st. Wells Fargo & Company dropped their price objective on shares of 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. JPMorgan Chase & Co. decreased their target price on Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a research note on Friday, March 7th. Finally, Truist Financial cut Federal Realty Investment Trust from a "buy" rating to a "hold" rating and dropped their price target for the stock from $114.00 to $105.00 in a research report on Thursday, March 13th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $116.00.

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.