Quantinno Capital Management LP Increases Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Quantinno Capital Management LP lifted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 19.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,519 shares of the real estate investment trust's stock after purchasing an additional 5,693 shares during the quarter. Quantinno Capital Management LP's holdings in Federal Realty Investment Trust were worth $3,976,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kapitalo Investimentos Ltda acquired a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at approximately $51,000. Venturi Wealth Management LLC grew its position in Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 333 shares during the period. Smartleaf Asset Management LLC grew its position in Federal Realty Investment Trust by 25.0% in 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 during the period. Brown Brothers Harriman & Co. grew its position 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 worth $77,000 after acquiring an additional 592 shares during the period. Finally, Headlands Technologies LLC purchased a new position in Federal Realty Investment Trust in the fourth quarter worth approximately $91,000. Institutional investors and hedge funds own 93.86% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Piper Sandler lowered their price objective on Federal Realty Investment Trust from $135.00 to $120.00 and set an "overweight" rating for the company in a research report on Friday. Mizuho lowered their price objective on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a research report on Tuesday, February 25th. Raymond James lowered their price objective on Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating for the company in a research report on Friday. Truist Financial lowered Federal Realty Investment Trust from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $114.00 to $105.00 in a research report on Thursday, March 13th. Finally, Wells Fargo & Company lowered their price target on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $113.64.

Federal Realty Investment Trust Trading Down 1.2%

Shares of FRT traded down $1.09 during midday trading on Friday, hitting $92.57. 624,068 shares of the stock were exchanged, compared to its average volume of 689,439. The firm has a market cap of $7.94 billion, a P/E ratio of 26.99, a P/E/G ratio of 2.20 and a beta of 1.10. The stock has a fifty day simple moving average of $94.17 and a 200 day simple moving average of $103.65. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $118.34. 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 (NYSE:FRT - Get Free Report) last released its 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. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The firm had revenue of $302.29 million during the quarter, compared to analyst estimates of $307.55 million. During the same period last year, the business posted $1.64 earnings per share. Federal Realty Investment Trust's revenue was up 6.1% compared to the same quarter last year. On average, 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders 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 dividend yield of 4.75%. The ex-dividend date is Tuesday, July 1st. 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.