Lighthouse Investment Partners LLC Acquires 59,000 Shares of Federal Realty Investment Trust (NYSE:FRT)

Lighthouse Investment Partners LLC boosted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 45.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 190,000 shares of the real estate investment trust's stock after buying an additional 59,000 shares during the period. Federal Realty Investment Trust accounts for approximately 0.7% of Lighthouse Investment Partners LLC's portfolio, making the stock its 26th largest position. Lighthouse Investment Partners LLC owned 0.23% of Federal Realty Investment Trust worth $21,270,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. FIL Ltd increased its stake in shares of Federal Realty Investment Trust by 0.3% in the 4th quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock worth $3,984,000 after acquiring an additional 95 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Federal Realty Investment Trust by 1.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock valued at $734,000 after purchasing an additional 110 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock valued at $62,000 after purchasing an additional 111 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of Federal Realty Investment Trust by 2.7% in the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust's stock worth $533,000 after purchasing an additional 125 shares in the last quarter. Finally, Keybank National Association OH grew its stake in shares of Federal Realty Investment Trust by 5.1% in the 4th quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock worth $293,000 after buying an additional 128 shares during the last quarter. 93.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Citigroup reiterated a "neutral" rating and set a $106.00 price objective (down previously from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday, March 28th. Stifel Nicolaus lowered their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a research report on Friday, February 14th. JPMorgan Chase & Co. dropped their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating on the stock in a research note on Friday, March 7th. Wells Fargo & Company reduced their price objective on shares of 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. Finally, StockNews.com upgraded shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $116.00.

Federal Realty Investment Trust Stock Performance

Shares of FRT stock traded up $1.45 during trading hours on Thursday, reaching $96.67. The company had a trading volume of 444,594 shares, compared to its average volume of 682,149. 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 business has a fifty day moving average price of $94.41 and a 200-day moving average price of $104.53. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $118.34. The firm has a market cap of $8.29 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. The company had revenue of $302.29 million for the quarter, compared to analysts' expectations of $307.55 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company posted $1.64 earnings per share. Sell-side analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date of this dividend is Tuesday, July 1st. Federal Realty Investment Trust's dividend payout ratio is 126.07%.

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.