77,400 Shares in Federal Realty Investment Trust (NYSE:FRT) Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new position in Federal Realty Investment Trust (NYSE:FRT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 77,400 shares of the real estate investment trust’s stock, valued at approximately $8,665,000.

A number of other institutional investors also recently bought and sold shares of FRT. Kapitalo Investimentos Ltda bought a new stake in Federal Realty Investment Trust in the fourth quarter worth $51,000. Venturi Wealth Management LLC lifted its position in Federal Realty Investment Trust by 244.9% in the fourth 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 during the last quarter. Smartleaf Asset Management LLC lifted its position in Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 111 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in Federal Realty Investment Trust by 592.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust’s stock worth $77,000 after buying an additional 592 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in Federal Realty Investment Trust in the fourth quarter worth $91,000. 93.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on FRT shares. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Citigroup restated a “neutral” rating and issued a $106.00 price target (down from $135.00) on shares of Federal Realty Investment Trust in a research report on Friday, March 28th. JPMorgan Chase & Co. reduced their target price on 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. Truist Financial lowered Federal Realty Investment Trust from a “buy” rating to a “hold” rating and reduced their target price for the stock from $114.00 to $105.00 in a research note on Thursday, March 13th. Finally, Mizuho reduced their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $116.00.

Federal Realty Investment Trust Stock Performance

FRT stock opened at $93.57 on Monday. The firm has a market cap of $8.03 billion, a price-to-earnings ratio of 27.28, a PEG ratio of 2.20 and a beta of 1.10. 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 has a twelve month low of $80.65 and a twelve month high of $118.34. The business’s fifty day simple moving average is $94.73 and its two-hundred day simple moving average is $104.74.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results 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. The firm had revenue of $302.29 million for the quarter, compared to analyst estimates of $307.55 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 earnings per share. Analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, July 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.70%. Federal Realty Investment Trust’s dividend payout ratio is currently 126.07%.

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.