Cetera Investment Advisers Acquires 3,249 Shares of Federal Realty Investment Trust (NYSE:FRT)

Cetera Investment Advisers boosted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 15.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,000 shares of the real estate investment trust's stock after buying an additional 3,249 shares during the quarter. Cetera Investment Advisers' holdings in Federal Realty Investment Trust were worth $2,687,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kapitalo Investimentos Ltda acquired a new stake in shares of Federal Realty Investment Trust during the 4th quarter worth approximately $51,000. Venturi Wealth Management LLC increased its holdings in shares of Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock worth $53,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Federal Realty Investment Trust by 25.0% during the 4th 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 period. Brown Brothers Harriman & Co. boosted its position in shares of Federal Realty Investment Trust by 592.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust's stock worth $77,000 after purchasing an additional 592 shares during the period. Finally, Headlands Technologies LLC purchased a new position in shares of Federal Realty Investment Trust during the 4th quarter worth approximately $91,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of FRT traded down $1.32 during mid-day trading on Tuesday, reaching $96.47. 516,407 shares of the company's stock traded hands, compared to its average volume of 684,284. The business's 50-day moving average price is $94.39 and its 200-day moving average price is $104.05. The stock has a market capitalization of $8.28 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. 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 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 for the quarter, compared to analyst estimates of $307.55 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the business earned $1.64 earnings per share. Equities analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

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 dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend is Tuesday, July 1st. Federal Realty Investment Trust's payout ratio is 126.07%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FRT shares. Stifel Nicolaus lowered 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 research report on Friday, February 14th. JPMorgan Chase & Co. decreased their price objective on shares of 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. Truist Financial lowered shares of 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. StockNews.com raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday, February 21st. Finally, Raymond James reduced their target price on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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.