Stableford Capital II LLC Sells 203 Shares of Federal Realty Investment Trust (NYSE:FRT)

Stableford Capital II LLC decreased its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,743 shares of the real estate investment trust’s stock after selling 203 shares during the period. Stableford Capital II LLC’s holdings in Federal Realty Investment Trust were worth $2,098,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in FRT. NBC Securities Inc. raised its holdings in shares of Federal Realty Investment Trust by 81.7% in the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 107 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of Federal Realty Investment Trust in the third quarter valued at approximately $36,000. Eastern Bank purchased a new position in shares of Federal Realty Investment Trust during the third quarter valued at approximately $52,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Federal Realty Investment Trust by 2,475.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust’s stock worth $71,000 after buying an additional 594 shares in the last quarter. Finally, CWM LLC raised its position in Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 110 shares during the last quarter. 93.86% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on FRT. StockNews.com lowered shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Friday. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. Wells Fargo & Company dropped their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, Scotiabank upped their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $124.17.

Federal Realty Investment Trust Stock Performance

NYSE:FRT opened at $108.65 on Friday. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The business has a fifty day simple moving average of $110.20 and a two-hundred day simple moving average of $112.11. The company has a market capitalization of $9.01 billion, a P/E ratio of 31.58, a P/E/G ratio of 1.97 and a beta of 1.25.

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.