Two Sigma Securities LLC Makes New $397,000 Investment in Federal Realty Investment Trust (NYSE:FRT)

Two Sigma Securities LLC acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,543 shares of the real estate investment trust's stock, valued at approximately $397,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FRT. Venturi Wealth Management LLC raised its holdings 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 valued at $53,000 after buying an additional 333 shares during the period. Smartleaf Asset Management LLC increased its holdings in 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 during the period. Brown Brothers Harriman & Co. increased its holdings in Federal Realty Investment Trust by 592.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust's stock worth $77,000 after purchasing an additional 592 shares during the period. Headlands Technologies LLC purchased a new stake in Federal Realty Investment Trust during the 4th quarter worth about $91,000. Finally, Hopwood Financial Services Inc. purchased a new stake in Federal Realty Investment Trust during the 4th quarter worth about $101,000. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Performance

FRT traded up $0.05 during trading on Wednesday, hitting $94.05. The stock had a trading volume of 940,142 shares, compared to its average volume of 679,935. 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 $8.07 billion, a P/E ratio of 27.42, a PEG ratio of 2.20 and a beta of 1.08. The company's 50-day moving average price is $96.11 and its 200 day moving average price is $105.76. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.34.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. The company had revenue of $311.44 million for the quarter, compared to analysts' expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, equities research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were given 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 4.68%. Federal Realty Investment Trust's dividend payout ratio is presently 128.28%.

Wall Street Analysts Forecast Growth

FRT has been the topic of several recent research reports. Stifel Nicolaus cut their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating on the stock in a 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. Scotiabank cut 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 report on Wednesday, April 23rd. Wells Fargo & Company cut their price objective on shares of Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Finally, Truist Financial cut shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and cut their price objective for the stock from $114.00 to $105.00 in a report on Thursday, March 13th. Five 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, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.