Federal Realty Investment Trust (NYSE:FRT) had its price target reduced by investment analysts at Jefferies Group LLC from $136.00 to $130.00 in a report released on Friday. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Jefferies Group LLC’s price objective would indicate a potential downside of 0.76% from the company’s current price.

A number of other research analysts have also recently issued reports on FRT. Citigroup Inc. lifted their price target on Federal Realty Investment Trust from $147.00 to $148.00 and gave the company a “buy” rating in a report on Monday, August 14th. Evercore ISI cut Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 price target for the company. in a report on Monday, August 14th. BMO Capital Markets began coverage on Federal Realty Investment Trust in a report on Monday. They issued an “outperform” rating and a $145.00 price target for the company. Boenning Scattergood set a $140.00 price target on Federal Realty Investment Trust and gave the company a “buy” rating in a report on Friday, August 4th. Finally, BidaskClub raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, June 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. Federal Realty Investment Trust has an average rating of “Buy” and an average price target of $140.25.

Federal Realty Investment Trust (NYSE:FRT) traded down 0.76% during trading on Friday, reaching $129.98. 314,716 shares of the company’s stock traded hands. The firm’s 50 day moving average is $129.87 and its 200-day moving average is $129.97. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 37.64 and a beta of 0.30. Federal Realty Investment Trust has a 12 month low of $120.50 and a 12 month high of $160.15.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.03. Federal Realty Investment Trust had a return on equity of 10.91% and a net margin of 30.40%. The business had revenue of $208.00 million during the quarter, compared to analysts’ expectations of $208.33 million. During the same period in the previous year, the business posted $1.42 earnings per share. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. Analysts expect that Federal Realty Investment Trust will post $3.33 EPS for the current fiscal year.

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In other Federal Realty Investment Trust news, EVP Dawn M. Becker sold 2,281 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $133.05, for a total transaction of $303,487.05. Following the completion of the sale, the executive vice president now directly owns 123,744 shares of the company’s stock, valued at approximately $16,464,139.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Donald C. Wood sold 21,342 shares of the business’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $130.86, for a total value of $2,792,814.12. The disclosure for this sale can be found here. Insiders have sold a total of 57,495 shares of company stock valued at $7,538,395 over the last three months. Company insiders own 1.10% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Federal Realty Investment Trust by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 12,396,763 shares of the real estate investment trust’s stock worth $1,566,826,000 after purchasing an additional 120,301 shares during the last quarter. BlackRock Inc. raised its holdings in Federal Realty Investment Trust by 2,290.9% during the 1st quarter. BlackRock Inc. now owns 7,899,071 shares of the real estate investment trust’s stock worth $1,054,525,000 after purchasing an additional 7,568,695 shares during the last quarter. State Street Corp raised its holdings in Federal Realty Investment Trust by 5.0% during the 1st quarter. State Street Corp now owns 5,927,826 shares of the real estate investment trust’s stock worth $791,369,000 after purchasing an additional 281,592 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Federal Realty Investment Trust by 173.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,346,294 shares of the real estate investment trust’s stock worth $296,548,000 after purchasing an additional 1,489,133 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in Federal Realty Investment Trust by 44.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,201,475 shares of the real estate investment trust’s stock worth $278,244,000 after purchasing an additional 677,382 shares during the last quarter. 93.94% of the stock is owned by hedge funds and other institutional investors.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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