Federal Realty Investment Trust (FRT) Shares Sold by Forsta AP Fonden

Forsta AP Fonden reduced its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 40.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,700 shares of the real estate investment trust’s stock after selling 12,800 shares during the quarter. Forsta AP Fonden’s holdings in Federal Realty Investment Trust were worth $2,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Advisor Group Inc. lifted its holdings in shares of Federal Realty Investment Trust by 27.4% during the second 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. Lourd Capital LLC bought a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at $211,000. American Assets Capital Advisers LLC bought a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at $212,000. Advisor Partners LLC bought a new position in shares of Federal Realty Investment Trust during the third quarter valued at $203,000. Finally, Keel Point LLC bought a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at $217,000. 94.47% of the stock is currently owned by hedge funds and other institutional investors.

FRT has been the topic of a number of research analyst reports. Boenning Scattergood reaffirmed a “buy” rating and set a $140.00 price target on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. Mizuho reaffirmed a “buy” rating and set a $142.00 price target on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. UBS Group raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $131.00 to $141.00 in a report on Thursday, November 9th. Stifel Nicolaus initiated coverage on Federal Realty Investment Trust in a report on Thursday, November 30th. They set a “buy” rating and a $144.00 price target on the stock. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $142.00 price target on shares of Federal Realty Investment Trust in a report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company. Federal Realty Investment Trust has a consensus rating of “Buy” and an average price target of $139.92.

Shares of Federal Realty Investment Trust (NYSE FRT) opened at $114.45 on Friday. The company has a market capitalization of $8,480.00, a price-to-earnings ratio of 39.60, a P/E/G ratio of 3.02 and a beta of 0.23. The company has a current ratio of 1.30, a quick ratio of 1.23 and a debt-to-equity ratio of 1.25. 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 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.57. The company had revenue of $223.96 million during the quarter, compared to analysts’ expectations of $218.68 million. Federal Realty Investment Trust had a return on equity of 12.68% and a net margin of 33.81%. During the same quarter in the prior year, the business earned $0.80 earnings per share. equities analysts forecast that Federal Realty Investment Trust will post 6.18 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Wednesday, March 14th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Tuesday, March 13th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 138.41%.

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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.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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