Vest Financial LLC Boosts Holdings in Federal Realty Investment Trust (NYSE:FRT)

Vest Financial LLC raised its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 2.3% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 509,555 shares of the real estate investment trust's stock after acquiring an additional 11,311 shares during the period. Vest Financial LLC owned about 0.59% of Federal Realty Investment Trust worth $49,845,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in shares of Federal Realty Investment Trust by 3.6% during the 3rd 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 during the last quarter. LPL Financial LLC boosted its position in Federal Realty Investment Trust by 17.5% in the fourth quarter. LPL Financial LLC now owns 83,289 shares of the real estate investment trust's stock valued at $9,324,000 after buying an additional 12,387 shares in the last quarter. Blue Trust Inc. grew its holdings in Federal Realty Investment Trust by 14.5% during the 4th quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust's stock worth $159,000 after acquiring an additional 175 shares during the last quarter. Kestra Private Wealth Services LLC acquired a new position in shares of Federal Realty Investment Trust in the fourth quarter worth approximately $436,000. Finally, Van ECK Associates Corp boosted its position in Federal Realty Investment Trust by 1.1% during the fourth quarter. Van ECK Associates Corp now owns 35,769 shares of the real estate investment trust's stock valued at $4,004,000 after acquiring an additional 399 shares during the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Performance

NYSE FRT traded up $0.34 during trading hours on Monday, hitting $96.76. The company's stock had a trading volume of 999,780 shares, compared to its average volume of 696,390. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The company's 50 day simple moving average is $93.70 and its two-hundred day simple moving average is $102.15. 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 cap of $8.30 billion, a P/E ratio of 28.21, a price-to-earnings-growth ratio of 2.20 and a beta of 1.11.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 EPS for the quarter, topping the consensus estimate of $1.69 by $0.01. The firm had revenue of $302.29 million during the quarter, compared to analyst estimates of $307.55 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. 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 business posted $1.64 EPS. As a group, sell-side analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm 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. The ex-dividend date is Tuesday, July 1st. This represents a $4.40 annualized dividend and a yield of 4.55%. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 126.07%.

Analyst Ratings Changes

A number of research firms recently weighed in on FRT. Scotiabank reaffirmed an "outperform" rating on shares of Federal Realty Investment Trust in a research note on Wednesday, May 21st. BMO Capital Markets reaffirmed an "outperform" rating and issued a $110.00 price objective on shares of Federal Realty Investment Trust in a research note on Monday, May 26th. Citigroup restated a "neutral" rating and issued a $106.00 target price (down previously from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Raymond James decreased their price objective on Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating for the company in a report on Friday, May 23rd. Finally, Stifel Nicolaus dropped their target price on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a report on Friday, February 14th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $113.33.

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.