Asset Management One Co. Ltd. Increases Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Asset Management One Co. Ltd. grew its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 26.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,617 shares of the real estate investment trust's stock after purchasing an additional 31,919 shares during the quarter. Asset Management One Co. Ltd. owned about 0.18% of Federal Realty Investment Trust worth $14,831,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc increased its holdings in shares of 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 acquiring an additional 130 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in Federal Realty Investment Trust during the 4th quarter worth approximately $30,000. CX Institutional acquired a new position in Federal Realty Investment Trust during the 1st quarter valued at approximately $44,000. Kapitalo Investimentos Ltda acquired a new position in Federal Realty Investment Trust during the 4th quarter valued at approximately $51,000. Finally, Smartleaf Asset Management LLC raised its holdings 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 worth $62,000 after buying an additional 111 shares during the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Performance

NYSE FRT traded up $0.31 during mid-day trading on Monday, reaching $94.97. 870,217 shares of the stock were exchanged, compared to its average volume of 703,085. The company has a market capitalization of $8.15 billion, a P/E ratio of 27.21, a P/E/G ratio of 4.11 and a beta of 1.11. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.72 and a current ratio of 1.72. The business's 50 day moving average is $95.35 and its 200-day moving average is $100.15. Federal Realty Investment Trust has a 1 year low of $80.65 and a 1 year high of $118.34.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.69 by $0.01. Federal Realty Investment Trust had a net margin of 24.77% and a return on equity of 9.97%. The business had revenue of $302.29 million during the quarter, compared to the consensus estimate of $307.55 million. During the same quarter in the prior year, the firm posted $1.64 earnings per share. The company's revenue was up 6.1% compared to the same quarter last year. On average, equities research analysts forecast 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 disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be issued 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 4.63%. Federal Realty Investment Trust's payout ratio is 126.07%.

Analyst Ratings Changes

FRT has been the topic of several research reports. Scotiabank reissued an "outperform" rating on shares of Federal Realty Investment Trust in a research report on Wednesday, May 21st. BMO Capital Markets reiterated an "outperform" rating and set a $110.00 price target on shares of Federal Realty Investment Trust in a research note on Monday, May 26th. UBS Group cut their price objective 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. Wells Fargo & Company decreased their target price on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Finally, Raymond James Financial cut their price target on shares of Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating on the stock in a report on Friday, May 23rd. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $112.54.

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.