Sustainable Insight Capital Management LLC Sells 674 Shares of Federal Realty Investment Trust (NYSE:FRT)

Sustainable Insight Capital Management LLC cut its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 14.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,026 shares of the real estate investment trust’s stock after selling 674 shares during the quarter. Sustainable Insight Capital Management LLC’s holdings in Federal Realty Investment Trust were worth $451,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Janus Henderson Group PLC increased its holdings in shares of Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock worth $70,251,000 after buying an additional 572,008 shares during the period. FMR LLC lifted its position in Federal Realty Investment Trust by 667.2% in the third quarter. FMR LLC now owns 572,809 shares of the real estate investment trust’s stock valued at $65,856,000 after purchasing an additional 498,146 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Federal Realty Investment Trust by 456.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust’s stock valued at $69,544,000 after purchasing an additional 496,129 shares during the period. Millennium Management LLC increased its stake in shares of Federal Realty Investment Trust by 304.0% in the second quarter. Millennium Management LLC now owns 415,603 shares of the real estate investment trust’s stock worth $41,963,000 after buying an additional 312,726 shares during the period. Finally, Wellington Management Group LLP purchased a new position in shares of Federal Realty Investment Trust in the third quarter worth $26,548,000. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Up 0.6 %

FRT stock opened at $105.13 on Friday. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The company has a market cap of $8.72 billion, a price-to-earnings ratio of 30.56, a P/E/G ratio of 1.92 and a beta of 1.25. 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 business’s 50-day moving average is $111.01 and its two-hundred day moving average is $111.96.

Federal Realty Investment Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.19%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 127.91%.

Analyst Upgrades and Downgrades

FRT has been the topic of a number of analyst reports. Scotiabank boosted their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research report on Monday, November 25th. 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. Finally, StockNews.com raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, January 16th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.92.

About Federal Realty Investment Trust

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.