Federal Realty Investment Trust (NYSE:FRT) had its price objective cut by JPMorgan Chase & Co. from $142.00 to $136.00 in a research report released on Monday morning. The brokerage currently has an overweight rating on the real estate investment trust’s stock.

Other equities research analysts also recently issued research reports about the stock. Stifel Nicolaus reaffirmed a buy rating and set a $130.00 price objective (down previously from $144.00) on shares of Federal Realty Investment Trust in a research report on Wednesday, February 14th. BMO Capital Markets reaffirmed a buy rating and set a $142.00 price objective on shares of Federal Realty Investment Trust in a research report on Tuesday, January 9th. TheStreet downgraded shares of Federal Realty Investment Trust from a b- rating to a c+ rating in a research report on Tuesday, February 13th. Boenning Scattergood set a $140.00 price objective on shares of Federal Realty Investment Trust and gave the company a buy rating in a research report on Friday, December 8th. Finally, Wells Fargo lowered their price objective 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. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of $135.92.

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Shares of Federal Realty Investment Trust stock opened at $116.49 on Monday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.30 and a current ratio of 1.30. Federal Realty Investment Trust has a 1 year low of $106.41 and a 1 year high of $138.12. The firm has a market cap of $8,628.69, a PE ratio of 19.95, a P/E/G ratio of 3.18 and a beta of 0.29.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.57. Federal Realty Investment Trust had a net margin of 33.81% and a return on equity of 12.68%. The business had revenue of $223.96 million during the quarter, compared to the consensus estimate of $218.68 million. During the same quarter in the prior year, the firm earned $0.80 EPS. research analysts expect that Federal Realty Investment Trust will post 6.17 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Wednesday, March 14th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 3.43%. The ex-dividend date is Tuesday, March 13th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 100.76%.

In other Federal Realty Investment Trust news, insider Donald C. Wood sold 30,000 shares of the company’s stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $117.76, for a total value of $3,532,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Elkfork Partners LLC bought a new position in Federal Realty Investment Trust in the 4th quarter worth about $459,000. Xact Kapitalforvaltning AB grew its position in Federal Realty Investment Trust by 17.8% in the 4th quarter. Xact Kapitalforvaltning AB now owns 6,591 shares of the real estate investment trust’s stock worth $875,000 after purchasing an additional 996 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Federal Realty Investment Trust by 3.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 12,480 shares of the real estate investment trust’s stock worth $1,658,000 after purchasing an additional 474 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Federal Realty Investment Trust by 8.6% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 32,466 shares of the real estate investment trust’s stock worth $4,312,000 after purchasing an additional 2,584 shares during the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. grew its position in Federal Realty Investment Trust by 53.9% in the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,711 shares of the real estate investment trust’s stock worth $493,000 after purchasing an additional 1,300 shares during the last quarter. Hedge funds and other institutional investors own 97.76% of the company’s stock.

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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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