Federal Realty Investment Trust (NYSE:FRT) Rating Increased to Strong-Buy at Jefferies Financial Group

Federal Realty Investment Trust (NYSE:FRT) was upgraded by analysts at Jefferies Financial Group to a “strong-buy” rating in a report issued on Friday,Zacks.com reports.

Other research analysts have also recently issued research reports about the stock. Evercore set a $110.00 price objective on shares of Federal Realty Investment Trust in a report on Monday, May 4th. UBS Group set a $130.00 price target on shares of Federal Realty Investment Trust in a research report on Monday, June 1st. Weiss Ratings raised shares of Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 price target for the company in a report on Friday, May 29th. Finally, Barclays upped their price objective on shares of Federal Realty Investment Trust from $116.00 to $120.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $123.21.

Federal Realty Investment Trust Stock Performance

Shares of NYSE:FRT opened at $125.19 on Friday. The company has a market capitalization of $10.81 billion, a price-to-earnings ratio of 21.73, a P/E/G ratio of 2.97 and a beta of 0.94. The firm’s 50 day simple moving average is $117.91 and its 200 day simple moving average is $108.93. 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 has a fifty-two week low of $89.99 and a fifty-two week high of $126.41.

Institutional Investors Weigh In On Federal Realty Investment Trust

Institutional investors have recently bought and sold shares of the company. Danske Bank A S boosted its position in Federal Realty Investment Trust by 16.7% during the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock worth $71,000 after acquiring an additional 100 shares during the last quarter. New Mexico Educational Retirement Board raised its holdings in shares of Federal Realty Investment Trust by 2.8% in the fourth quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock valued at $368,000 after purchasing an additional 100 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Federal Realty Investment Trust by 2.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 103 shares in the last quarter. Equitable Holdings Inc. lifted its position in shares of Federal Realty Investment Trust by 3.5% in the third quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock worth $315,000 after purchasing an additional 105 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Federal Realty Investment Trust by 18.8% during the second 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 during the last quarter. Institutional investors own 93.86% of the company’s stock.

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.