Compass Point began coverage on shares of Federal Realty Investment Trust (NYSE:FRT) in a research note published on Thursday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $142.00 price target on the real estate investment trust’s stock.

Other analysts have also issued research reports about the company. BMO Capital Markets restated a buy rating and set a $135.00 target price on shares of Federal Realty Investment Trust in a report on Monday, August 5th. DA Davidson lowered Federal Realty Investment Trust from a buy rating to a neutral rating in a report on Tuesday, July 23rd. Deutsche Bank upped their target price on Federal Realty Investment Trust from $133.00 to $134.00 and gave the stock a hold rating in a report on Wednesday, May 15th. Capital One Financial upgraded Federal Realty Investment Trust from an equal weight rating to an overweight rating in a report on Monday, June 17th. Finally, Raymond James upgraded Federal Realty Investment Trust from a market perform rating to an outperform rating and set a $143.00 target price for the company in a report on Tuesday, May 28th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $141.25.

Shares of NYSE:FRT opened at $130.65 on Thursday. Federal Realty Investment Trust has a 52-week low of $115.09 and a 52-week high of $139.29. The stock has a market cap of $9.74 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 3.99 and a beta of 0.45. The business’s 50 day moving average is $130.63 and its 200 day moving average is $132.72. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.41.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.02. Federal Realty Investment Trust had a return on equity of 11.13% and a net margin of 27.82%. The company had revenue of $229.73 million for the quarter, compared to analysts’ expectations of $232.00 million. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Federal Realty Investment Trust’s revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Federal Realty Investment Trust will post 6.38 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 23rd will be issued a dividend of $1.05 per share. The ex-dividend date is Friday, September 20th. This represents a $4.20 dividend on an annualized basis and a yield of 3.21%. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $1.02. Federal Realty Investment Trust’s dividend payout ratio is currently 65.49%.

Institutional investors have recently bought and sold shares of the business. Zions Bancorporation N.A. purchased a new stake in Federal Realty Investment Trust during the first quarter worth $25,000. Quadrant Capital Group LLC lifted its holdings in Federal Realty Investment Trust by 694.1% during the first quarter. Quadrant Capital Group LLC now owns 270 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 236 shares during the period. NumerixS Investment Technologies Inc purchased a new stake in Federal Realty Investment Trust during the second quarter worth $39,000. Harvest Fund Management Co. Ltd lifted its holdings in Federal Realty Investment Trust by 200.0% during the second quarter. Harvest Fund Management Co. Ltd now owns 300 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 200 shares during the period. Finally, CSat Investment Advisory L.P. lifted its holdings in Federal Realty Investment Trust by 54.0% during the second quarter. CSat Investment Advisory L.P. now owns 345 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 121 shares during the period. Institutional investors own 89.82% of the company’s stock.

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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