Vanderbilt University Buys 6,588 Shares of Federal Realty Investment Trust (NYSE:FRT)

Vanderbilt University lifted its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 149.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,001 shares of the real estate investment trust's stock after acquiring an additional 6,588 shares during the quarter. Vanderbilt University's holdings in Federal Realty Investment Trust were worth $1,076,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of Federal Realty Investment Trust by 17.5% during the 4th quarter. LPL Financial LLC now owns 83,289 shares of the real estate investment trust's stock worth $9,324,000 after acquiring an additional 12,387 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Federal Realty Investment Trust by 1.1% during the 4th quarter. Van ECK Associates Corp now owns 35,769 shares of the real estate investment trust's stock worth $4,004,000 after acquiring an additional 399 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of Federal Realty Investment Trust by 7.8% during the 4th quarter. Principal Securities Inc. now owns 5,511 shares of the real estate investment trust's stock worth $617,000 after acquiring an additional 398 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Federal Realty Investment Trust by 25.0% during 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. Finally, Raymond James Financial Inc. bought a new stake in shares of Federal Realty Investment Trust during the 4th quarter worth about $17,187,000. Institutional investors own 93.86% of the company's stock.

Federal Realty Investment Trust Price Performance

Shares of FRT stock opened at $95.60 on Friday. The stock has a 50 day moving average of $94.96 and a two-hundred day moving average of $101.22. 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 has a 12 month low of $80.65 and a 12 month high of $118.34. The company has a market capitalization of $8.20 billion, a P/E ratio of 27.39, a P/E/G ratio of 4.15 and a beta of 1.11.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.01. Federal Realty Investment Trust had a return on equity of 9.97% and a net margin of 24.77%. The company had revenue of $302.29 million during the quarter, compared to the consensus estimate of $307.55 million. During the same quarter last year, the company earned $1.64 EPS. The company's quarterly revenue was up 6.1% on a year-over-year basis. As a group, equities analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.60%. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 126.07%.

Analysts Set New Price Targets

Several research firms have recently issued reports on FRT. BMO Capital Markets reiterated an "outperform" rating and set a $110.00 price target on shares of Federal Realty Investment Trust in a research note on Monday, May 26th. JPMorgan Chase & Co. lowered their target price on Federal Realty Investment Trust from $114.00 to $108.00 and set an "overweight" rating on the stock in a report on Thursday, May 22nd. Mizuho lowered their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a report on Tuesday, February 25th. Raymond James Financial lowered their target price on Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating on the stock in a report on Friday, May 23rd. Finally, Wall Street Zen raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday, February 21st. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and a consensus target price of $112.54.

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.

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