Federal Realty Investment Trust (NYSE:FRT) Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB lowered its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 24.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,400 shares of the real estate investment trust’s stock after selling 5,800 shares during the quarter. Handelsbanken Fonder AB’s holdings in Federal Realty Investment Trust were worth $2,060,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group bought a new position in shares of Federal Realty Investment Trust during the 3rd quarter valued at about $36,000. Venturi Wealth Management LLC lifted 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 valued at $53,000 after acquiring an additional 333 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after purchasing an additional 137 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Federal Realty Investment Trust by 14.5% during the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 175 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in Federal Realty Investment Trust by 11.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 142 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FRT. Raymond James decreased their price objective on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Stifel Nicolaus dropped their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. Scotiabank lifted their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Finally, JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and an average price target of $122.54.

Federal Realty Investment Trust Trading Down 0.1 %

Shares of Federal Realty Investment Trust stock opened at $105.53 on Wednesday. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The company’s fifty day simple moving average is $107.85 and its 200-day simple moving average is $111.77. The company has a market cap of $9.04 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.20 and a beta of 1.24. 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) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts’ consensus estimates 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%. As a group, sell-side analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is 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.