Tower Research Capital LLC TRC Lowers Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Tower Research Capital LLC TRC reduced its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 77.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,732 shares of the real estate investment trust's stock after selling 9,211 shares during the quarter. Tower Research Capital LLC TRC's holdings in Federal Realty Investment Trust were worth $306,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. FIL Ltd grew its position in Federal Realty Investment Trust by 0.3% during the fourth quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock valued at $3,984,000 after acquiring an additional 95 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings 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 valued at $734,000 after purchasing an additional 110 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Federal Realty Investment Trust by 25.0% in 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 during the period. Park Avenue Securities LLC boosted its position in 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 valued at $533,000 after buying an additional 125 shares during the period. Finally, Keybank National Association OH grew its stake in shares of Federal Realty Investment Trust by 5.1% during the fourth quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock valued at $293,000 after buying an additional 128 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Raymond James reduced their price target 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. JPMorgan Chase & Co. lowered 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 report on Friday, March 7th. Scotiabank decreased their price objective on shares of Federal Realty Investment Trust from $117.00 to $111.00 and set a "sector outperform" rating on the stock in a research report on Wednesday, April 23rd. Stifel Nicolaus dropped their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a report on Friday, February 14th. Finally, Truist Financial downgraded Federal Realty Investment Trust from a "buy" rating to a "hold" rating and reduced their price target for the company from $114.00 to $105.00 in a report on Thursday, March 13th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $116.00.

Federal Realty Investment Trust Trading Up 1.3 %

NYSE FRT opened at $96.52 on Friday. The firm has a market capitalization of $8.28 billion, a PE ratio of 28.14, a P/E/G ratio of 2.20 and a beta of 1.08. The stock's 50 day moving average is $95.72 and its 200 day moving average is $105.53. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.34. The company has a quick ratio of 1.97, a current 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 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. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Research analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.56%. Federal Realty Investment Trust's payout ratio is currently 128.28%.

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.

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