Van Lanschot Kempen Investment Management N.V. Lowers Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Van Lanschot Kempen Investment Management N.V. cut its position in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,781 shares of the real estate investment trust's stock after selling 6,069 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned approximately 0.18% of Federal Realty Investment Trust worth $16,432,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FRT. Barclays PLC lifted its position in Federal Realty Investment Trust by 3.4% during the 3rd quarter. Barclays PLC now owns 132,497 shares of the real estate investment trust's stock worth $15,232,000 after acquiring an additional 4,324 shares during the period. Sanctuary Advisors LLC lifted its position in Federal Realty Investment Trust by 45.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust's stock worth $373,000 after acquiring an additional 1,012 shares during the period. World Investment Advisors LLC acquired a new stake in Federal Realty Investment Trust during the 3rd quarter worth approximately $221,000. Tidal Investments LLC lifted its position in Federal Realty Investment Trust by 6.2% during the 3rd quarter. Tidal Investments LLC now owns 2,607 shares of the real estate investment trust's stock worth $297,000 after acquiring an additional 153 shares during the period. Finally, Retirement Systems of Alabama lifted its position in Federal Realty Investment Trust by 0.4% during the 3rd quarter. Retirement Systems of Alabama now owns 59,392 shares of the real estate investment trust's stock worth $6,828,000 after acquiring an additional 244 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Scotiabank decreased 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 research report on Wednesday. Citigroup reissued a "neutral" rating and issued a $106.00 price target (down from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Mizuho reduced their price target on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. JPMorgan Chase & Co. reduced their price target on 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. Finally, StockNews.com raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $116.00.

Federal Realty Investment Trust Price Performance

Federal Realty Investment Trust stock traded down $1.09 during mid-day trading on Friday, hitting $94.42. 418,256 shares of the company were exchanged, compared to its average volume of 679,067. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The business's 50 day simple moving average is $96.73 and its two-hundred day simple moving average is $106.04. The company has a market capitalization of $8.10 billion, a P/E ratio of 27.53, a PEG 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.

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 the consensus estimate of $1.73. The company had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. 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. Shareholders of record on Tuesday, April 1st were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.66%. The ex-dividend date was Tuesday, April 1st. Federal Realty Investment Trust's payout ratio is 128.28%.

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.