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

Shares of Federal Realty Investment Trust (NYSE:FRT) have earned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $124.20.

Several equities analysts have issued reports on the stock. Mizuho set a $130.00 target price on shares of Federal Realty Investment Trust and gave the company an “outperform” rating in a research note on Monday, June 1st. Barclays lifted their price target on shares of Federal Realty Investment Trust from $116.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Raymond James Financial restated an “outperform” rating and set a $135.00 price objective on shares of Federal Realty Investment Trust in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 target price for the company in a research report on Friday, May 29th. Finally, UBS Group set a $130.00 price objective on Federal Realty Investment Trust in a research report on Monday, June 1st.

Institutional Trading of Federal Realty Investment Trust

Several large investors have recently added to or reduced their stakes in FRT. Danske Bank A S increased its holdings in Federal Realty Investment Trust by 16.7% during the fourth quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 100 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in shares of Federal Realty Investment Trust by 2.8% during the 4th quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock worth $368,000 after acquiring an additional 100 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in shares of Federal Realty Investment Trust by 2.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 103 shares during the period. Equitable Holdings Inc. grew its position in shares of Federal Realty Investment Trust by 3.5% during the 3rd quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock valued at $315,000 after acquiring an additional 105 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Federal Realty Investment Trust by 18.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 109 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Trading Down 0.0%

Federal Realty Investment Trust stock opened at $121.68 on Monday. Federal Realty Investment Trust has a one year low of $89.99 and a one year high of $126.41. The business’s fifty day moving average is $119.05 and its 200 day moving average is $109.86. The stock has a market capitalization of $10.51 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 2.89 and a beta of 0.93. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.64 and a quick ratio of 1.64.

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, July 1st. Federal Realty Investment Trust’s dividend payout ratio is 78.47%.

Federal Realty Investment Trust Company Profile

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.