Barclays PLC Boosts Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Barclays PLC raised its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 96.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 260,753 shares of the real estate investment trust's stock after buying an additional 128,256 shares during the period. Barclays PLC owned approximately 0.31% of Federal Realty Investment Trust worth $29,192,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in FRT. FIL Ltd boosted its position in shares of Federal Realty Investment Trust by 0.3% in the 4th quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock valued at $3,984,000 after purchasing an additional 95 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Federal Realty Investment Trust by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock valued at $734,000 after buying an additional 110 shares during the period. Smartleaf Asset Management LLC boosted its holdings 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 worth $62,000 after purchasing an additional 111 shares during the last quarter. Park Avenue Securities LLC increased its position in Federal Realty Investment Trust by 2.7% during the fourth 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. Finally, Keybank National Association OH grew its position in shares of Federal Realty Investment Trust by 5.1% in 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 purchasing an additional 128 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Price Performance

Shares of FRT traded up $1.04 during trading hours on Thursday, hitting $95.71. The stock had a trading volume of 314,106 shares, compared to its average volume of 677,792. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 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 company's fifty day moving average is $97.12 and its two-hundred day moving average is $106.31. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 27.89, a P/E/G ratio of 2.20 and a beta of 1.08.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. The company had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.60%. Federal Realty Investment Trust's dividend payout ratio is currently 128.28%.

Wall Street Analysts Forecast Growth

FRT has been the subject of a number of research reports. Truist Financial cut Federal Realty Investment Trust from a "buy" rating to a "hold" rating and dropped their price target for the company from $114.00 to $105.00 in a research note on Thursday, March 13th. 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 report on Friday, March 7th. Stifel Nicolaus decreased their price objective on 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 research note on Friday, February 21st. Finally, Scotiabank decreased their price objective on shares of Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating for the company in a report on Wednesday. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $116.00.

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.