Federal Realty Investment Trust (NYSE:FRT) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other research analysts have also recently commented on the company. Jefferies Financial Group reaffirmed a “hold” rating and issued a $128.00 target price on shares of Federal Realty Investment Trust in a research report on Wednesday, August 15th. Bank of America raised their target price on Federal Realty Investment Trust from $141.00 to $144.00 and gave the stock a “buy” rating in a research report on Monday, August 13th. Stifel Nicolaus raised their target price on Federal Realty Investment Trust from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, August 2nd. SunTrust Banks raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 target price for the company in a research report on Monday, June 25th. Finally, DA Davidson raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating in a research report on Monday, June 25th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Federal Realty Investment Trust currently has a consensus rating of “Buy” and an average target price of $137.00.

Shares of Federal Realty Investment Trust stock opened at $129.36 on Friday. The firm has a market capitalization of $9.19 billion, a PE ratio of 21.89, a P/E/G ratio of 3.37 and a beta of 0.23. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.32 and a current ratio of 1.32. Federal Realty Investment Trust has a 1 year low of $106.41 and a 1 year high of $134.52.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Wednesday, August 1st. The real estate investment trust reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.02. The business had revenue of $224.90 million for the quarter, compared to the consensus estimate of $223.56 million. Federal Realty Investment Trust had a net margin of 31.64% and a return on equity of 12.76%. Federal Realty Investment Trust’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company posted $1.49 earnings per share. sell-side analysts anticipate that Federal Realty Investment Trust will post 6.18 earnings per share for the current year.

In related news, insider Donald C. Wood sold 20,000 shares of the firm’s stock in a transaction on Wednesday, May 30th. The stock was sold at an average price of $119.06, for a total value of $2,381,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 56,625 shares of company stock valued at $6,796,976. 0.95% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of FRT. Lincluden Management Ltd. bought a new position in shares of Federal Realty Investment Trust during the first quarter valued at $7,805,000. Wells Fargo & Company MN lifted its holdings in shares of Federal Realty Investment Trust by 8.7% during the first quarter. Wells Fargo & Company MN now owns 410,596 shares of the real estate investment trust’s stock valued at $47,675,000 after acquiring an additional 32,980 shares during the period. Rhumbline Advisers lifted its holdings in shares of Federal Realty Investment Trust by 0.7% during the first quarter. Rhumbline Advisers now owns 160,703 shares of the real estate investment trust’s stock valued at $18,659,000 after acquiring an additional 1,146 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its holdings in shares of Federal Realty Investment Trust by 383.6% during the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 16,734 shares of the real estate investment trust’s stock valued at $1,944,000 after acquiring an additional 13,274 shares during the period. Finally, Commerzbank Aktiengesellschaft FI lifted its holdings in shares of Federal Realty Investment Trust by 234.7% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 6,630 shares of the real estate investment trust’s stock valued at $770,000 after acquiring an additional 4,649 shares during the period. 93.22% of the stock is owned by institutional investors.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply.

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Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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