Shares of Federal Realty Investment Trust (NYSE:FRT – Get Rating) have received a consensus rating of “Moderate Buy” from the sixteen analysts that are presently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $117.53.
Several research analysts have issued reports on FRT shares. Mizuho decreased their price objective on Federal Realty Investment Trust from $125.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, November 11th. JPMorgan Chase & Co. cut Federal Real Estate Investment Trust from an “overweight” rating to a “neutral” rating and cut their target price for the company from $118.00 to $115.00 in a research report on Friday, December 16th. StockNews.com raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 10th. Barclays upped their target price on Federal Realty Investment Trust from $114.00 to $129.00 and gave the company an “overweight” rating in a research report on Tuesday, December 6th. Finally, Evercore ISI decreased their price objective on Federal Realty Investment Trust to $104.00 in a research report on Thursday, October 20th.
Federal Realty Investment Trust trade up 0.5%
NYSE:FRT opened at $112.04 on Thursday. The stock has a fifty day moving average of $106.52 and a two hundred day moving average of $102.78. The stock has a market cap of $9.10 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 2.64 and a beta of 1.14. The company has a debt-to-equity ratio of 1.55, a quick earnings ratio of 1.40, and a current ratio of 1.40. Federal Realty Investment Trust has a 1 year low of $86.43 and a 1 year high of $128.13.
Institutional investors weigh in on Federal Real Estate Investment Trust
Major investors have recently modified their positions in the business. State of New Jersey Common Pension Fund D boosted its holdings in Federal Realty Investment Trust by 3.4% during the 4th quarter. State of New Jersey Common Retirement Fund D now owns 77,280 shares of the real estate investment trust’s stock valued at $7,808,000 after purchasing an additional 2,561 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Federal Realty Investment Trust by 6.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,751 shares of the real estate investment trust’s stock valued at $3,511,000 after buying an additional 2,229 shares in the last quarter. Janney Capital Management LLC acquired a new stake in Federal Realty Investment Trust during the 4th quarter valued at $6,927,000. Janney Montgomery Scott LLC boosted its holdings in Federal Realty Investment Trust by 25.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 103,012 shares of the real estate investment trust’s stock valued at $10,408,000 after buying an additional 20,650 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in Federal Realty Investment Trust by 23.6% during the 4th quarter. AE Wealth Management LLC now owns 3,026 shares of the real estate investment trust’s stock valued at $306,000 after purchasing an additional 578 shares in the last quarter. Institutional investors and hedge funds own 86.20% of the company’s shares.
Federal Realty Investment Trust Company Profile
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Federal Realty Investment Trust operates as a real estate capital investment trust. It owns, manages and redevelops retail and mixed-use properties. The company was founded in 1962 and is headquartered in North Bethesda, MD.
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