Nomura Holdings Inc. Takes $1.28 Million Position in Federal Realty Investment Trust (NYSE:FRT)

Nomura Holdings Inc. bought a new stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,397 shares of the real estate investment trust's stock, valued at approximately $1,276,000.

Several other institutional investors also recently bought and sold shares of FRT. Nuveen Asset Management LLC grew its position in shares of Federal Realty Investment Trust by 62.6% during the fourth quarter. Nuveen Asset Management LLC now owns 683,114 shares of the real estate investment trust's stock worth $76,475,000 after buying an additional 263,020 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Federal Realty Investment Trust by 2.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,556 shares of the real estate investment trust's stock worth $1,621,000 after acquiring an additional 392 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Federal Realty Investment Trust by 43.8% during the 4th quarter. Lazard Asset Management LLC now owns 7,784 shares of the real estate investment trust's stock worth $871,000 after acquiring an additional 2,370 shares in the last quarter. Lighthouse Investment Partners LLC grew its holdings in Federal Realty Investment Trust by 45.0% during the 4th quarter. Lighthouse Investment Partners LLC now owns 190,000 shares of the real estate investment trust's stock worth $21,270,000 after acquiring an additional 59,000 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter worth $8,665,000. 93.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on FRT shares. Stifel Nicolaus cut their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a research note on Friday, February 14th. Mizuho lowered their price target 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. Wells Fargo & Company cut 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. Citigroup restated a "neutral" rating and issued a $106.00 price objective (down previously from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday, March 28th. Finally, Wall Street Zen upgraded shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of "Moderate Buy" and an average price target of $115.64.

Federal Realty Investment Trust Stock Performance

NYSE FRT traded down $0.31 on Thursday, hitting $93.55. 710,781 shares of the company's stock were exchanged, compared to its average volume of 686,024. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The firm's 50-day moving average price is $94.35 and its two-hundred day moving average price is $103.98. The firm has a market cap of $8.02 billion, a price-to-earnings ratio of 27.27, a P/E/G ratio of 2.20 and a beta of 1.10. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.34.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued 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. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The company had revenue of $302.29 million for the quarter, compared to analyst estimates of $307.55 million. During the same period in the previous year, the firm earned $1.64 EPS. The business's revenue was up 6.1% on a year-over-year basis. On average, research analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend is Tuesday, July 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is 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.