Jefferies Group Analysts Give Federal Realty Investment Trust (FRT) a $133.00 Price Target

Federal Realty Investment Trust (NYSE:FRT) has been assigned a $133.00 target price by investment analysts at Jefferies Group in a report issued on Tuesday. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Jefferies Group’s target price would suggest a potential upside of 20.01% from the company’s previous close.

A number of other equities analysts have also recently weighed in on FRT. BMO Capital Markets set a $142.00 price objective on shares of Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Tuesday. Wells Fargo & Co decreased their price target on shares of Federal Realty Investment Trust from $151.00 to $144.00 and set an “outperform” rating for the company in a research report on Tuesday, February 6th. They noted that the move was a valuation call. Stifel Nicolaus assumed coverage on shares of Federal Realty Investment Trust in a research report on Thursday, November 30th. They issued a “buy” rating and a $144.00 price target for the company. Mizuho reissued a “buy” rating and issued a $142.00 price target on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. Finally, Boenning Scattergood set a $140.00 price target on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the stock. Federal Realty Investment Trust presently has an average rating of “Buy” and a consensus price target of $139.92.

Federal Realty Investment Trust (NYSE:FRT) traded up $0.56 during trading hours on Tuesday, hitting $110.82. 1,018,450 shares of the company were exchanged, compared to its average volume of 585,050. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market cap of $7,997.57, a PE ratio of 27.01, a P/E/G ratio of 2.98 and a beta of 0.23. Federal Realty Investment Trust has a 1 year low of $106.41 and a 1 year high of $143.79.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $1.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.57. The firm had revenue of $223.96 million during the quarter, compared to analysts’ expectations of $218.68 million. Federal Realty Investment Trust had a net margin of 35.50% and a return on equity of 13.28%. During the same quarter last year, the company posted $0.80 EPS. equities analysts predict that Federal Realty Investment Trust will post 5.91 earnings per share for the current year.

Hedge funds have recently modified their holdings of the business. Advisor Group Inc. raised its holdings in shares of Federal Realty Investment Trust by 27.4% in the 2nd quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $173,000 after purchasing an additional 297 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its holdings in shares of Federal Realty Investment Trust by 1.0% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 47,422 shares of the real estate investment trust’s stock valued at $5,889,000 after purchasing an additional 449 shares in the last quarter. Public Employees Retirement Association of Colorado raised its holdings in shares of Federal Realty Investment Trust by 0.7% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 69,467 shares of the real estate investment trust’s stock valued at $9,226,000 after purchasing an additional 458 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Federal Realty Investment Trust by 9.5% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,876 shares of the real estate investment trust’s stock valued at $730,000 after purchasing an additional 509 shares in the last quarter. Finally, Jefferies Group LLC raised its holdings in shares of Federal Realty Investment Trust by 2.5% in the 4th quarter. Jefferies Group LLC now owns 20,884 shares of the real estate investment trust’s stock valued at $2,774,000 after purchasing an additional 512 shares in the last quarter. 94.47% of the stock is owned by institutional investors.

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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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