Federal Realty Investment Trust (NYSE:FRT) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 15.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,000 shares of the real estate investment trust's stock after purchasing 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 modified their holdings of FRT. JPMorgan Chase & Co. raised its stake in Federal Realty Investment Trust by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after acquiring an additional 168,885 shares in the last quarter. LPL Financial LLC raised its stake in Federal Realty Investment Trust by 17.5% during the 4th quarter. LPL Financial LLC now owns 83,289 shares of the real estate investment trust's stock worth $9,324,000 after acquiring an additional 12,387 shares in the last quarter. Vert Asset Management LLC raised its stake in Federal Realty Investment Trust by 12.3% during the 4th quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust's stock worth $3,697,000 after acquiring an additional 3,617 shares in the last quarter. Principal Financial Group Inc. raised its stake in Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust's stock worth $10,727,000 after acquiring an additional 7,501 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Federal Realty Investment Trust by 14.5% during the 4th quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust's stock worth $159,000 after purchasing an additional 175 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT traded down $1.09 during midday trading on Friday, hitting $92.57. The company had a trading volume of 624,068 shares, compared to its average volume of 687,961. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.34. The business has a 50-day simple moving average of $94.17 and a two-hundred day simple moving average of $103.71. The firm has a market capitalization of $7.94 billion, a price-to-earnings ratio of 26.99, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.01. The company 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.64 earnings per share. Equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date is Tuesday, July 1st. Federal Realty Investment Trust's payout ratio is currently 126.07%.

Analysts Set New Price Targets

Several research analysts have issued reports 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 on the stock in a research report on Friday, February 14th. Wells Fargo & Company lowered their target price 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. Scotiabank reaffirmed an "outperform" rating on shares of Federal Realty Investment Trust in a report on Wednesday. Raymond James lowered their target price 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. Finally, Citigroup reaffirmed a "neutral" rating and issued a $106.00 target price (down previously from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $113.64.

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.