Universal Beteiligungs und Servicegesellschaft mbH Purchases New Stake in Federal Realty Investment Trust (NYSE:FRT)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 79,145 shares of the real estate investment trust's stock, valued at approximately $8,860,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of Federal Realty Investment Trust as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. FIL Ltd grew its stake in shares of Federal Realty Investment Trust by 0.3% in the fourth quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock valued at $3,984,000 after buying an additional 95 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in 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 acquiring an additional 110 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock valued at $62,000 after purchasing an additional 111 shares during the period. Keybank National Association OH grew 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 valued at $293,000 after purchasing an additional 128 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in Federal Realty Investment Trust by 11.5% during 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 buying an additional 137 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Trading Up 0.0%

Shares of NYSE:FRT traded up $0.04 during mid-day trading on Wednesday, reaching $95.18. The stock had a trading volume of 482,522 shares, compared to its average volume of 691,482. The firm has a 50 day simple moving average of $93.82 and a two-hundred day simple moving average of $102.67. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.34. The firm has a market cap of $8.16 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.01. The business had revenue of $302.29 million during the quarter, compared to analysts' expectations of $307.55 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.64 EPS. On average, 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 announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, July 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.62%. Federal Realty Investment Trust's payout ratio is 126.07%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FRT. Mizuho dropped their price objective on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a report on Tuesday, February 25th. BMO Capital Markets reiterated an "outperform" rating and issued a $110.00 price target on shares of Federal Realty Investment Trust in a research report on Monday, May 26th. Scotiabank restated an "outperform" rating on shares of Federal Realty Investment Trust in a report on Wednesday, May 21st. JPMorgan Chase & Co. decreased their price target on Federal Realty Investment Trust from $114.00 to $108.00 and set an "overweight" rating for the company in a research note on Thursday, May 22nd. Finally, Wells Fargo & Company decreased their target price on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $113.33.

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.