Federal Realty Investment Trust (NYSE:FRT) Shares Sold by FourThought Financial Partners LLC

FourThought Financial Partners LLC trimmed its stake in Federal Realty Investment Trust (NYSE:FRT) by 3.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,809 shares of the real estate investment trust’s stock after selling 380 shares during the period. FourThought Financial Partners LLC’s holdings in Federal Realty Investment Trust were worth $1,210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Blackhawk Capital Partners LLC. grew its stake in Federal Realty Investment Trust by 8.5% during the 4th quarter. Blackhawk Capital Partners LLC. now owns 16,677 shares of the real estate investment trust’s stock worth $1,867,000 after buying an additional 1,308 shares during the last quarter. RWC Asset Management LLP raised its stake in Federal Realty Investment Trust by 4.3% during the 4th quarter. RWC Asset Management LLP now owns 218,493 shares of the real estate investment trust’s stock valued at $24,460,000 after acquiring an additional 8,946 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of Federal Realty Investment Trust by 22.1% during the fourth quarter. Sigma Planning Corp now owns 12,309 shares of the real estate investment trust’s stock worth $1,378,000 after purchasing an additional 2,225 shares during the period. Morningstar Investment Management LLC lifted its stake in shares of Federal Realty Investment Trust by 8.7% in the 4th quarter. Morningstar Investment Management LLC now owns 5,910 shares of the real estate investment trust’s stock worth $662,000 after acquiring an additional 475 shares during the period. Finally, Ieq Capital LLC lifted its position in Federal Realty Investment Trust by 49.1% in the fourth quarter. Ieq Capital LLC now owns 3,438 shares of the real estate investment trust’s stock valued at $385,000 after purchasing an additional 1,132 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

Shares of NYSE:FRT opened at $105.59 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. The firm has a 50-day simple moving average of $108.02 and a 200 day simple moving average of $111.82. 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 $9.05 billion, a PE ratio of 30.78, a P/E/G ratio of 2.20 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting analysts’ consensus estimates of $1.73. The firm had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. On average, sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.17%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 128.28%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FRT. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price target for the company from $122.00 to $125.00 in a report on Friday, December 20th. Stifel Nicolaus reduced their target price on 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 upped their price objective on 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. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday. Finally, Raymond James cut their price target on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.23.

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.