Federal Realty Investment Trust (NYSE:FRT) Given Average Rating of “Moderate Buy” by Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT) have earned a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the firm, Marketbeat reports. Eight analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $110.30.

Several research analysts have commented on the company. Truist Financial raised their price objective on Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Federal Realty Investment Trust in a report on Monday, December 29th. Wells Fargo & Company assumed coverage on Federal Realty Investment Trust in a report on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 price target for the company. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $107.00 to $114.00 in a research report on Thursday, December 18th. Finally, Scotiabank dropped their price objective on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th.

Federal Realty Investment Trust Price Performance

FRT stock opened at $104.85 on Friday. The stock has a 50-day moving average price of $100.79 and a two-hundred day moving average price of $98.65. The company has a market cap of $9.05 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 4.47 and a beta of 1.02. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $111.82.

Hedge Funds Weigh In On Federal Realty Investment Trust

Hedge funds have recently added to or reduced their stakes in the business. Park Square Financial Group LLC acquired a new position in Federal Realty Investment Trust in the fourth quarter valued at approximately $25,000. Turning Point Benefit Group Inc. lifted its holdings in shares of Federal Realty Investment Trust by 1,853.8% in the 4th quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 241 shares during the last quarter. True Wealth Design LLC boosted its position in Federal Realty Investment Trust by 88.7% during the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 126 shares during the period. Spire Wealth Management grew its stake in Federal Realty Investment Trust by 365.3% during the 2nd quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 263 shares during the last quarter. Finally, Private Trust Co. NA increased its position in Federal Realty Investment Trust by 937.5% in the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 300 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

About Federal Realty Investment Trust

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.