Toronto Dominion Bank Has $3.43 Million Stake in Federal Realty Investment Trust (NYSE:FRT)

Toronto Dominion Bank increased its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,603 shares of the real estate investment trust's stock after acquiring an additional 2,938 shares during the quarter. Toronto Dominion Bank's holdings in Federal Realty Investment Trust were worth $3,426,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FRT. Barclays PLC lifted its position in shares of Federal Realty Investment Trust by 3.4% in the 3rd quarter. Barclays PLC now owns 132,497 shares of the real estate investment trust's stock worth $15,232,000 after acquiring an additional 4,324 shares during the period. JPMorgan Chase & Co. boosted its stake in Federal Realty Investment Trust by 3.6% during the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after buying an additional 168,885 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in Federal Realty Investment Trust in the 4th quarter valued at $338,000. Blue Trust Inc. increased its holdings in Federal Realty Investment Trust by 14.5% in the 4th quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust's stock valued at $159,000 after buying an additional 175 shares during the period. Finally, KBC Group NV raised its stake in shares of Federal Realty Investment Trust by 39.6% in the 4th quarter. KBC Group NV now owns 2,693 shares of the real estate investment trust's stock valued at $301,000 after buying an additional 764 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

FRT traded down $0.06 during midday trading on Monday, hitting $95.43. The company had a trading volume of 544,192 shares, compared to its average volume of 691,303. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.34. The company has a market capitalization of $8.19 billion, a PE ratio of 27.82, a P/E/G ratio of 2.20 and a beta of 1.10. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The firm's 50-day simple moving average is $93.93 and its 200-day simple moving average is $102.90.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $302.29 million during the quarter, compared to analyst estimates of $307.55 million. During the same quarter last year, the business posted $1.64 earnings per share. Federal Realty Investment Trust's revenue for the quarter was up 6.1% compared to the same quarter last year. Equities research analysts predict 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 declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.61%. The ex-dividend date is Tuesday, July 1st. Federal Realty Investment Trust's dividend payout ratio is 126.07%.

Analysts Set New Price Targets

FRT has been the topic of a number of analyst reports. Stifel Nicolaus lowered their target price on shares of 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. Citigroup reaffirmed a "neutral" rating and set a $106.00 price objective (down from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Wall Street Zen raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday, February 21st. Mizuho cut their target price 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. Finally, JPMorgan Chase & Co. decreased their price target on Federal Realty Investment Trust from $114.00 to $108.00 and set an "overweight" rating on the stock in a research note on Thursday, May 22nd. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Federal Realty Investment Trust currently has an average rating of "Moderate Buy" and a consensus price target of $113.33.

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.