Brown Advisory Inc. Purchases 3,721 Shares of Federal Realty Investment Trust (NYSE:FRT)

Brown Advisory Inc. boosted its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 21.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,260 shares of the real estate investment trust's stock after buying an additional 3,721 shares during the period. Brown Advisory Inc.'s holdings in Federal Realty Investment Trust were worth $2,080,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Square Financial Group LLC acquired a new position in Federal Realty Investment Trust in the fourth quarter valued at $30,000. Versant Capital Management Inc lifted its holdings in Federal Realty Investment Trust by 82.3% in 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. CX Institutional acquired a new position in Federal Realty Investment Trust in the first quarter valued at $44,000. Kapitalo Investimentos Ltda acquired a new position in Federal Realty Investment Trust in the fourth quarter valued at $51,000. Finally, Brown Brothers Harriman & Co. lifted its holdings in Federal Realty Investment Trust by 592.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust's stock valued at $77,000 after buying an additional 592 shares during the period. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Up 0.3%

Shares of NYSE:FRT traded up $0.29 during midday trading on Friday, hitting $94.90. 404,863 shares of the company's stock were exchanged, compared to its average volume of 716,760. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.72 and a quick ratio of 1.72. The stock has a 50 day moving average price of $95.35 and a 200-day moving average price of $99.15. The company has a market cap of $8.14 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 3.79 and a beta of 1.09. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $118.34.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 EPS for the quarter, topping the consensus estimate of $1.69 by $0.01. The company had revenue of $302.29 million during the quarter, compared to the consensus estimate of $307.55 million. Federal Realty Investment Trust had a net margin of 24.77% and a return on equity of 9.97%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.64 earnings per share. On average, sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date is Tuesday, July 1st. Federal Realty Investment Trust's payout ratio is 126.07%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FRT. Scotiabank restated an "outperform" rating on shares of Federal Realty Investment Trust in a report on Wednesday, May 21st. Raymond James Financial dropped their price objective 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. 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 report on Wednesday, March 26th. JPMorgan Chase & Co. lowered shares of 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, UBS Group dropped their price objective on shares of 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $112.07.

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.