Robeco Institutional Asset Management B.V. Sells 22,000 Shares of Federal Realty Investment Trust (NYSE:FRT)

Robeco Institutional Asset Management B.V. decreased its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 30.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,000 shares of the real estate investment trust's stock after selling 22,000 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.06% of Federal Realty Investment Trust worth $4,891,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc increased its holdings in Federal Realty Investment Trust by 82.3% during the 1st quarter. Versant Capital Management Inc now owns 288 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 130 shares in the last quarter. Park Square Financial Group LLC bought a new position in Federal Realty Investment Trust during the 4th quarter valued at $30,000. CX Institutional purchased a new position in Federal Realty Investment Trust during the 1st quarter worth $44,000. Kapitalo Investimentos Ltda purchased a new position in Federal Realty Investment Trust during the 4th quarter worth $51,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of Federal Realty Investment Trust by 25.0% in the 4th 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. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Trading Up 0.9%

FRT stock traded up $0.86 on Thursday, reaching $95.78. The company's stock had a trading volume of 556,134 shares, compared to its average volume of 707,594. The firm has a market cap of $8.22 billion, a PE ratio of 27.44, a PEG ratio of 4.09 and a beta of 1.09. The business has a fifty day simple moving average of $95.36 and a two-hundred day simple moving average of $100.07. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.34. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.72 and a current ratio of 1.72.

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, topping analysts' consensus estimates of $1.69 by $0.01. The company had revenue of $302.29 million during the quarter, compared to the consensus estimate of $307.55 million. Federal Realty Investment Trust had a net margin of 24.77% and a return on equity of 9.97%. Federal Realty Investment Trust's revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.64 earnings per share. As a group, research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Tuesday, July 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is 126.07%.

Analyst Ratings Changes

Several research firms recently weighed in on FRT. Barclays began coverage on shares of Federal Realty Investment Trust in a report on Wednesday. They set an "overweight" rating and a $106.00 price target on the stock. UBS Group lowered their target price on Federal Realty Investment Trust from $118.00 to $103.00 and set a "neutral" rating on the stock in a research note on Monday, June 16th. Scotiabank restated an "outperform" rating on shares of Federal Realty Investment Trust in a report on Wednesday, May 21st. Citigroup restated a "neutral" rating and issued a $106.00 target price (down from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday, March 28th. Finally, Wells Fargo & Company cut 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 note on Wednesday, March 26th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $112.07.

About Federal Realty Investment Trust

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.