Federal Realty Investment Trust (NYSE:FRT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT) have been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $123.38.

Several research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective on Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Raymond James increased their price target on Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Scotiabank increased their price target on 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. Wells Fargo & Company increased their price target on Federal Realty Investment Trust from $115.00 to $122.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th. Finally, Compass Point increased their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, September 10th.

Federal Realty Investment Trust Stock Up 1.0 %

NYSE:FRT opened at $113.48 on Friday. The stock’s fifty day moving average price is $113.40 and its two-hundred day moving average price is $110.24. Federal Realty Investment Trust has a 52-week low of $95.97 and a 52-week high of $118.34. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 32.99, a P/E/G ratio of 2.17 and a beta of 1.24.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is currently 127.91%.

Hedge Funds Weigh In On Federal Realty Investment Trust

Large investors have recently added to or reduced their stakes in the company. NBC Securities Inc. increased its holdings in Federal Realty Investment Trust by 81.7% during the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 107 shares in the last quarter. Family Firm Inc. bought a new position in Federal Realty Investment Trust during the 2nd quarter worth about $33,000. Blue Trust Inc. increased its holdings in Federal Realty Investment Trust by 885.7% during the 2nd quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 310 shares in the last quarter. Brooklyn Investment Group bought a new position in Federal Realty Investment Trust during the 3rd quarter worth about $36,000. Finally, Rothschild Investment LLC bought a new position in Federal Realty Investment Trust during the 2nd quarter worth about $42,000. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.