Jackson Grant Investment Advisers Inc. Acquires 137 Shares of Federal Realty Investment Trust (NYSE:FRT)

Jackson Grant Investment Advisers Inc. boosted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 11.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,330 shares of the real estate investment trust’s stock after buying an additional 137 shares during the quarter. Jackson Grant Investment Advisers Inc.’s holdings in Federal Realty Investment Trust were worth $149,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FRT. Cetera Investment Advisers grew its position in shares of Federal Realty Investment Trust by 1.1% during the 2nd quarter. Cetera Investment Advisers now owns 21,952 shares of the real estate investment trust’s stock valued at $2,216,000 after acquiring an additional 241 shares during the period. Sanctuary Advisors LLC bought a new stake in Federal Realty Investment Trust during the second quarter valued at about $228,000. Handelsbanken Fonder AB increased its position in Federal Realty Investment Trust by 55.1% in the third quarter. Handelsbanken Fonder AB now owns 24,200 shares of the real estate investment trust’s stock worth $2,782,000 after buying an additional 8,600 shares in the last quarter. Czech National Bank raised its stake in shares of Federal Realty Investment Trust by 7.7% in the third quarter. Czech National Bank now owns 15,325 shares of the real estate investment trust’s stock worth $1,762,000 after buying an additional 1,099 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Federal Realty Investment Trust by 13.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,840 shares of the real estate investment trust’s stock valued at $327,000 after buying an additional 345 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on FRT shares. Wells Fargo & Company lowered their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a report on Wednesday, January 29th. StockNews.com cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Friday, January 31st. Scotiabank increased 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. Finally, JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.17.

Federal Realty Investment Trust Stock Up 1.7 %

Shares of NYSE FRT opened at $110.00 on Thursday. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The stock’s fifty day simple moving average is $109.74 and its two-hundred day simple moving average is $112.11. The stock has a market capitalization of $9.12 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 2.00 and a beta of 1.24. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48.

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.