JPMorgan Chase & Co. Issues Pessimistic Forecast for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT) had its target price lowered by JPMorgan Chase & Co. from $125.00 to $114.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the real estate investment trust’s stock.

A number of other equities research analysts also recently weighed in on the stock. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Stifel Nicolaus lowered their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. Scotiabank lowered their target price on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating on the stock in a research note on Friday, February 28th. Mizuho reduced their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 25th. Finally, Raymond James reduced their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average target price of $121.00.

Federal Realty Investment Trust Trading Up 0.3 %

Shares of Federal Realty Investment Trust stock opened at $101.21 on Friday. The company’s 50-day moving average price is $106.76 and its 200-day moving average price is $111.36. The company has a market cap of $8.67 billion, a price-to-earnings ratio of 29.51, a PEG ratio of 2.20 and a beta of 1.27. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.73. The business had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, equities analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is 128.28%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FRT. Park Square Financial Group LLC bought a new position in shares of Federal Realty Investment Trust in the fourth quarter worth approximately $30,000. Brooklyn Investment Group bought a new stake in Federal Realty Investment Trust in the third quarter valued at $36,000. Kapitalo Investimentos Ltda bought a new stake in Federal Realty Investment Trust in the fourth quarter valued at $51,000. Venturi Wealth Management LLC boosted its holdings 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 valued at $53,000 after acquiring an additional 333 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings 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 valued at $62,000 after acquiring an additional 111 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

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.