Jefferies Group LLC restated their hold rating on shares of Federal Realty Investment Trust (NYSE:FRT) in a research note issued to investors on Tuesday morning. The brokerage currently has a $136.00 target price on the real estate investment trust’s stock.

Several other equities research analysts also recently weighed in on FRT. BidaskClub raised shares of Federal Realty Investment Trust from a hold rating to a buy rating in a research note on Monday, July 24th. Bank of America Corporation raised shares of Federal Realty Investment Trust from a neutral rating to a buy rating and lifted their price target for the company from $140.00 to $146.00 in a research note on Friday, July 21st. Citigroup Inc. reaffirmed a buy rating and issued a $156.00 price target (down from $160.00) on shares of Federal Realty Investment Trust in a research note on Sunday, June 11th. Finally, Seaport Global Securities reaffirmed a buy rating on shares of Federal Realty Investment Trust in a research note on Thursday, April 27th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $154.33.

Shares of Federal Realty Investment Trust (FRT) traded down 1.64% during trading on Tuesday, reaching $132.81. 460,109 shares of the company were exchanged. The firm has a market cap of $9.59 billion, a price-to-earnings ratio of 41.71 and a beta of 0.28. The stock’s 50-day moving average is $127.66 and its 200-day moving average is $132.53. Federal Realty Investment Trust has a 52-week low of $120.50 and a 52-week high of $170.62.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.02. Federal Realty Investment Trust had a net margin of 28.27% and a return on equity of 10.89%. The firm had revenue of $207.39 million during the quarter, compared to the consensus estimate of $205.96 million. During the same period in the previous year, the firm posted $1.38 earnings per share. The business’s revenue was up 4.6% compared to the same quarter last year. Equities research analysts predict that Federal Realty Investment Trust will post $3.19 earnings per share for the current fiscal year.

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The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Thursday, June 22nd were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend was Tuesday, June 20th. Federal Realty Investment Trust’s dividend payout ratio is currently 123.27%.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Parlapiano Turner & Welch LLC acquired a new position in shares of Federal Realty Investment Trust during the first quarter worth about $126,000. Alexandria Capital LLC boosted its position in shares of Federal Realty Investment Trust by 1.4% in the first quarter. Alexandria Capital LLC now owns 1,187 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 16 shares in the last quarter. Global X Management Co. LLC boosted its position in shares of Federal Realty Investment Trust by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 292 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Federal Realty Investment Trust by 0.3% in the first quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock worth $205,000 after buying an additional 4 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Federal Realty Investment Trust by 3.6% in the first quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 92.58% of the company’s stock.

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.

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

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