Universal Beteiligungs und Servicegesellschaft mbH Sells 60,453 Shares of Federal Realty Investment Trust (NYSE:FRT)

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 76.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,692 shares of the real estate investment trust's stock after selling 60,453 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Federal Realty Investment Trust were worth $1,828,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Resolution Capital Ltd lifted its stake in shares of Federal Realty Investment Trust by 12.4% in the 4th quarter. Resolution Capital Ltd now owns 3,523,155 shares of the real estate investment trust's stock valued at $394,417,000 after purchasing an additional 389,266 shares during the period. Invesco Ltd. lifted its stake in shares of Federal Realty Investment Trust by 41.4% in the 4th quarter. Invesco Ltd. now owns 3,053,443 shares of the real estate investment trust's stock valued at $341,833,000 after purchasing an additional 893,258 shares during the period. Geode Capital Management LLC lifted its stake in shares of Federal Realty Investment Trust by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 2,033,880 shares of the real estate investment trust's stock valued at $227,457,000 after purchasing an additional 77,783 shares during the period. Northern Trust Corp lifted its stake in shares of Federal Realty Investment Trust by 73.4% in the 4th quarter. Northern Trust Corp now owns 1,234,753 shares of the real estate investment trust's stock valued at $138,231,000 after purchasing an additional 522,531 shares during the period. Finally, Rush Island Management LP lifted its stake in shares of Federal Realty Investment Trust by 18.1% in the 4th quarter. Rush Island Management LP now owns 1,188,734 shares of the real estate investment trust's stock valued at $133,079,000 after purchasing an additional 182,120 shares during the period. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Performance

Shares of NYSE:FRT traded down $1.61 during trading on Friday, reaching $90.55. 854,658 shares of the stock were exchanged, compared to its average volume of 726,490. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $118.34. The firm has a market cap of $7.77 billion, a PE ratio of 25.95, a PEG ratio of 3.62 and a beta of 1.14. The stock has a 50-day moving average price of $94.94 and a 200-day moving average price of $97.76. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 1.46.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $307.55 million. Federal Realty Investment Trust had a return on equity of 9.97% and a net margin of 24.77%. The business's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.64 earnings per share. Research analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Tuesday, July 1st. Federal Realty Investment Trust's payout ratio is 126.07%.

Analyst Upgrades and Downgrades

FRT has been the topic of several research analyst reports. Wall Street Zen raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. BMO Capital Markets reaffirmed an "outperform" rating and set a $110.00 price objective on shares of Federal Realty Investment Trust in a research note on Monday, May 26th. Scotiabank reaffirmed an "outperform" rating on shares of Federal Realty Investment Trust in a research note on Wednesday, May 21st. Mizuho dropped their price objective on Federal Realty Investment Trust from $107.00 to $96.00 and set a "neutral" rating on the stock in a research note on Thursday, July 17th. Finally, Raymond James Financial dropped their price target on Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating on the stock in a research note on Friday, May 23rd. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $111.29.

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.