Federal Realty Investment Trust (NYSE:FRT) is Resolution Capital Ltd's 5th Largest Position

Resolution Capital Ltd lifted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 12.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,523,155 shares of the real estate investment trust's stock after purchasing an additional 389,266 shares during the quarter. Federal Realty Investment Trust comprises approximately 7.1% of Resolution Capital Ltd's investment portfolio, making the stock its 5th biggest position. Resolution Capital Ltd owned 4.25% of Federal Realty Investment Trust worth $394,417,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kapitalo Investimentos Ltda acquired a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at approximately $51,000. Venturi Wealth Management LLC boosted its position in shares of Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust's stock worth $53,000 after buying an additional 333 shares in the last quarter. Smartleaf Asset Management LLC increased 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 purchasing an additional 111 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in Federal Realty Investment Trust by 592.0% in the 4th quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust's stock valued at $77,000 after purchasing an additional 592 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at approximately $91,000. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on FRT. Truist Financial cut Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $114.00 to $105.00 in a research note on Thursday, March 13th. Wells Fargo & Company decreased their target price on 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. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Citigroup reissued a "neutral" rating and issued a $106.00 price target (down previously from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Finally, Raymond James dropped their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 18th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

Federal Realty Investment Trust Stock Down 1.2%

Federal Realty Investment Trust stock traded down $1.22 during trading hours on Tuesday, hitting $96.57. 191,594 shares of the stock traded hands, compared to its average volume of 806,875. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $118.34. The firm's 50-day moving average price is $94.36 and its two-hundred day moving average price is $104.10. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. The company has a market cap of $8.28 billion, a PE ratio of 28.15, a PEG ratio of 2.20 and a beta of 1.10.

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, beating the consensus estimate of $1.69 by $0.01. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The business had revenue of $302.29 million during the quarter, compared to analyst estimates of $307.55 million. During the same quarter last year, the firm posted $1.64 earnings per share. The company's revenue for the quarter was up 6.1% on a year-over-year basis. On average, research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st will be given a $1.10 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.56%. Federal Realty Investment Trust's payout ratio is 126.07%.

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.