Shares of Federal Realty Investment Trust (NYSE:FRT) have earned a consensus recommendation of “Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $140.25.

A number of research analysts have issued reports on the company. Boenning Scattergood set a $140.00 price target on Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Friday, August 4th. Jefferies Group LLC reiterated a “hold” rating and set a $136.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. BidaskClub upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a report on Monday, July 24th. BMO Capital Markets assumed coverage on Federal Realty Investment Trust in a report on Monday, September 11th. They issued an “outperform” rating and a $145.00 price objective for the company. Finally, Bank of America Corporation upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $140.00 to $146.00 in a report on Friday, July 21st.

Federal Realty Investment Trust (NYSE:FRT) traded down 0.86% during midday trading on Thursday, reaching $127.43. The company’s stock had a trading volume of 145,792 shares. The company has a market capitalization of $9.21 billion, a price-to-earnings ratio of 36.90 and a beta of 0.30. The company’s 50-day moving average price is $127.00 and its 200-day moving average price is $128.64. Federal Realty Investment Trust has a 1-year low of $120.50 and a 1-year high of $149.01.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, topping 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 company had revenue of $208.00 million during the quarter, compared to analyst estimates of $208.33 million. During the same quarter in the previous year, the firm posted $1.42 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts predict that Federal Realty Investment Trust will post $3.31 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 22nd were issued a $1.00 dividend. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $4.00 annualized dividend and a dividend yield of 3.11%. Federal Realty Investment Trust’s dividend payout ratio is 115.94%.

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In other news, insider Donald C. Wood sold 2,772 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $133.06, for a total value of $368,842.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dawn M. Becker sold 2,281 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.05, for a total value of $303,487.05. Following the sale, the executive vice president now directly owns 123,744 shares of the company’s stock, valued at $16,464,139.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 57,495 shares of company stock valued at $7,538,395. Insiders own 1.10% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Federal Realty Investment Trust by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,367 shares of the real estate investment trust’s stock valued at $678,000 after purchasing an additional 18 shares during the last quarter. ING Groep NV lifted its holdings in shares of Federal Realty Investment Trust by 0.6% during the second quarter. ING Groep NV now owns 3,699 shares of the real estate investment trust’s stock valued at $468,000 after purchasing an additional 22 shares during the last quarter. Kemper Corp Master Retirement Trust lifted its holdings in shares of Federal Realty Investment Trust by 1.4% during the second quarter. Kemper Corp Master Retirement Trust now owns 1,750 shares of the real estate investment trust’s stock valued at $221,000 after purchasing an additional 25 shares during the last quarter. State of Tennessee Treasury Department lifted its holdings in shares of Federal Realty Investment Trust by 0.3% during the second quarter. State of Tennessee Treasury Department now owns 19,757 shares of the real estate investment trust’s stock valued at $2,497,000 after purchasing an additional 60 shares during the last quarter. Finally, Xact Kapitalforvaltning AB lifted its holdings in shares of Federal Realty Investment Trust by 1.7% during the second quarter. Xact Kapitalforvaltning AB now owns 5,596 shares of the real estate investment trust’s stock valued at $707,000 after purchasing an additional 91 shares during the last quarter. 93.41% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Company Profile

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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