Federal Realty Investment Trust (NYSE:FRT)‘s stock had its “buy” rating restated by research analysts at Mizuho in a research report issued to clients and investors on Friday. They presently have a $142.00 price target on the real estate investment trust’s stock. Mizuho’s price target would indicate a potential upside of 12.20% from the stock’s previous close.

Several other equities research analysts have also issued reports on FRT. Bank of America Corporation raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $140.00 to $146.00 in a research report on Friday, July 21st. BidaskClub upgraded shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Jefferies Group LLC restated a “hold” rating and issued a $136.00 target price on shares of Federal Realty Investment Trust in a research note on Tuesday, July 25th. Boenning Scattergood set a $140.00 target price on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research note on Friday, August 4th. Finally, Evercore ISI downgraded shares of Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 target price for the company. in a research note on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $140.44.

Shares of Federal Realty Investment Trust (NYSE FRT) opened at $126.56 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.55 and a current ratio of 1.23. The stock has a market capitalization of $9.29 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 4.89 and a beta of 0.31.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.03. Federal Realty Investment Trust had a net margin of 35.50% and a return on equity of 13.28%. The company had revenue of $217.95 million during the quarter, compared to analyst estimates of $213.63 million. During the same quarter in the prior year, the business earned $1.41 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. research analysts anticipate that Federal Realty Investment Trust will post 5.91 earnings per share for the current fiscal year.

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In other Federal Realty Investment Trust news, EVP Dawn M. Becker sold 2,281 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.05, for a total transaction of $303,487.05. Following the transaction, the executive vice president now directly owns 123,744 shares in the company, valued at approximately $16,464,139.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Donald C. Wood sold 2,772 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.06, for a total transaction of $368,842.32. The disclosure for this sale can be found here. Insiders have sold a total of 57,495 shares of company stock worth $7,538,395 over the last quarter. 1.10% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of FRT. Advisor Group Inc. boosted its stake in Federal Realty Investment Trust by 27.4% during the 2nd quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $173,000 after acquiring an additional 297 shares during the last quarter. Global X Management Co. LLC boosted its stake in Federal Realty Investment Trust by 16.0% during the 2nd quarter. Global X Management Co. LLC now owns 1,444 shares of the real estate investment trust’s stock valued at $183,000 after acquiring an additional 199 shares during the last quarter. Advisor Partners LLC bought a new position in Federal Realty Investment Trust during the 3rd quarter valued at $203,000. Pacer Advisors Inc. boosted its stake in Federal Realty Investment Trust by 9.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,740 shares of the real estate investment trust’s stock valued at $220,000 after acquiring an additional 145 shares during the last quarter. Finally, Kemper Corp Master Retirement Trust boosted its stake in Federal Realty Investment Trust by 1.4% during the 2nd quarter. Kemper Corp Master Retirement Trust now owns 1,750 shares of the real estate investment trust’s stock valued at $221,000 after acquiring an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 93.47% 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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