Federal Realty Investment Trust (NYSE:FRT) Holdings Boosted by Northern Trust Corp

Northern Trust Corp grew its holdings in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 73.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,234,753 shares of the real estate investment trust's stock after acquiring an additional 522,531 shares during the quarter. Northern Trust Corp owned about 1.49% of Federal Realty Investment Trust worth $138,231,000 at the end of the most recent reporting period.

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

Federal Realty Investment Trust Stock Performance

Shares of FRT traded up $0.77 during midday trading on Thursday, hitting $95.98. 209,720 shares of the stock traded hands, compared to its average volume of 672,530. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $118.34. 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 has a market capitalization of $8.23 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10. The business's 50 day moving average price is $95.12 and its two-hundred day moving average price is $105.14.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The firm had revenue of $311.44 million for the quarter, compared to analysts' expectations of $311.85 million. Equities research analysts predict 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 disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were paid a dividend of $1.10 per share. The ex-dividend date was Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.58%. Federal Realty Investment Trust's dividend payout ratio is presently 128.28%.

Analyst Upgrades and Downgrades

FRT has been the subject of a number of research analyst reports. Scotiabank dropped their price objective on Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. Citigroup reiterated a "neutral" rating and set a $106.00 target price (down from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Mizuho lowered their price objective on shares of 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, Stifel Nicolaus reduced 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 report on Friday, February 14th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust currently has an average rating of "Moderate Buy" and a consensus target price of $116.00.

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.