Quantinno Capital Management LP Has $36.98 Million Holdings in Federal Realty Investment Trust $FRT

Quantinno Capital Management LP raised its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 106.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348,135 shares of the real estate investment trust’s stock after acquiring an additional 179,721 shares during the quarter. Quantinno Capital Management LP’s holdings in Federal Realty Investment Trust were worth $36,976,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FRT. Park Square Financial Group LLC purchased a new stake in shares of Federal Realty Investment Trust in the fourth quarter worth approximately $25,000. Turning Point Benefit Group Inc. grew its position in Federal Realty Investment Trust by 1,853.8% during the fourth quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 241 shares in the last quarter. Private Trust Co. NA grew its position in Federal Realty Investment Trust by 937.5% during the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Advisory Services Network LLC acquired a new position in Federal Realty Investment Trust in the 3rd quarter valued at approximately $35,000. Finally, SJS Investment Consulting Inc. increased its stake in Federal Realty Investment Trust by 72.4% in the 1st quarter. SJS Investment Consulting Inc. now owns 362 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 152 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

Wall Street Analyst Weigh In

FRT has been the subject of a number of research analyst reports. Mizuho set a $130.00 target price on shares of Federal Realty Investment Trust and gave the stock an “outperform” rating in a research report on Monday, June 1st. Weiss Ratings raised shares of Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. increased their price objective on Federal Realty Investment Trust from $115.00 to $124.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Scotiabank lifted their price objective on Federal Realty Investment Trust from $118.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, Wolfe Research began coverage on Federal Realty Investment Trust in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $127.62.

Federal Realty Investment Trust Stock Performance

FRT stock opened at $124.06 on Friday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 21.54, a P/E/G ratio of 2.99 and a beta of 0.93. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $128.21. The firm has a 50 day moving average of $122.74 and a two-hundred day moving average of $112.86.

About Federal Realty Investment Trust

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.