Nuveen Asset Management LLC Purchases 263,020 Shares of Federal Realty Investment Trust (NYSE:FRT)

Nuveen Asset Management LLC increased its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 62.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 683,114 shares of the real estate investment trust's stock after purchasing an additional 263,020 shares during the period. Nuveen Asset Management LLC owned 0.82% of Federal Realty Investment Trust worth $76,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kapitalo Investimentos Ltda bought a new position in shares of Federal Realty Investment Trust in the 4th quarter valued at approximately $51,000. Venturi Wealth Management LLC boosted its position in shares of Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 333 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock worth $62,000 after acquiring an additional 111 shares in the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of 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 purchasing an additional 592 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in Federal Realty Investment Trust during the fourth quarter worth about $91,000. 93.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FRT has been the topic of several recent analyst reports. Citigroup reiterated a "neutral" rating and issued a $106.00 price target (down previously from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday, March 28th. JPMorgan Chase & Co. cut their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Mizuho reduced their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. Raymond James dropped their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Finally, StockNews.com raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock traded down $1.32 during trading hours on Tuesday, hitting $96.47. The stock had a trading volume of 516,407 shares, compared to its average volume of 684,284. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The company has a 50-day moving average of $94.39 and a two-hundred day moving average of $104.05. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.34. The company has a market cap of $8.28 billion, a PE ratio of 28.13, 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 released its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (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 return on equity of 9.89% and a net margin of 24.38%. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.64 earnings per share. On average, equities research analysts anticipate 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 declared 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 is Tuesday, July 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.56%. Federal Realty Investment Trust's dividend payout ratio (DPR) is currently 126.07%.

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.