Ossiam Boosts Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Ossiam grew its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 23.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,371 shares of the real estate investment trust's stock after acquiring an additional 2,904 shares during the quarter. Ossiam's holdings in Federal Realty Investment Trust were worth $1,721,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after acquiring an additional 168,885 shares in the last quarter. LPL Financial LLC raised its position in shares of Federal Realty Investment Trust by 17.5% in the 4th quarter. LPL Financial LLC now owns 83,289 shares of the real estate investment trust's stock valued at $9,324,000 after purchasing an additional 12,387 shares during the last quarter. Vert Asset Management LLC boosted its stake in Federal Realty Investment Trust by 12.3% in the 4th quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust's stock worth $3,697,000 after purchasing an additional 3,617 shares in the last quarter. Principal Financial Group Inc. increased its stake in Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust's stock valued at $10,727,000 after purchasing an additional 7,501 shares in the last quarter. Finally, Blue Trust Inc. increased its stake 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 valued at $159,000 after purchasing an additional 175 shares in the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. StockNews.com raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Citigroup restated a "neutral" rating and issued a $106.00 price objective (down from $135.00) on shares of Federal Realty Investment Trust in a research note on Friday, March 28th. Mizuho dropped their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th. Scotiabank reduced their price target on shares of Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating for the company in a research report on Wednesday. Finally, Raymond James dropped their price objective on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $116.00.

Federal Realty Investment Trust Stock Performance

FRT traded down $1.09 on Friday, reaching $94.42. The stock had a trading volume of 418,256 shares, compared to its average volume of 678,589. The business's 50-day moving average price is $96.73 and its two-hundred day moving average price is $106.11. The company has a market cap of $8.10 billion, a P/E ratio of 27.53, a price-to-earnings-growth ratio of 2.20 and a beta of 1.08. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.34. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts' consensus estimates of $1.73. The company had revenue of $311.44 million during the quarter, compared to analysts' expectations of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. Sell-side analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date of this dividend was Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio is presently 128.28%.

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.