Sarasin & Partners LLP lowered its holdings in Federal Realty Investment Trust (NYSE:FRT) by 31.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,081 shares of the real estate investment trust’s stock after selling 4,671 shares during the period. Sarasin & Partners LLP’s holdings in Federal Realty Investment Trust were worth $1,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Teacher Retirement System of Texas purchased a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at $2,620,000. Crossmark Global Holdings Inc. lifted its holdings in shares of Federal Realty Investment Trust by 14.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 7,549 shares of the real estate investment trust’s stock valued at $1,003,000 after purchasing an additional 975 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in shares of Federal Realty Investment Trust by 0.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 69,467 shares of the real estate investment trust’s stock valued at $9,226,000 after purchasing an additional 458 shares in the last quarter. Resolution Capital Ltd lifted its holdings in shares of Federal Realty Investment Trust by 14.1% in the fourth quarter. Resolution Capital Ltd now owns 623,528 shares of the real estate investment trust’s stock valued at $82,811,000 after purchasing an additional 77,078 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in shares of Federal Realty Investment Trust by 10.3% in the fourth quarter. CIBC Asset Management Inc now owns 35,864 shares of the real estate investment trust’s stock valued at $4,763,000 after purchasing an additional 3,352 shares in the last quarter. Institutional investors own 94.34% of the company’s stock.

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at $109.91 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.27. Federal Realty Investment Trust has a 1-year low of $106.64 and a 1-year high of $143.79. The stock has a market capitalization of $7,843.04, a price-to-earnings ratio of 18.35, a P/E/G ratio of 2.92 and a beta of 0.23.

In related news, CEO Donald C. Wood sold 9,900 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $132.44, for a total transaction of $1,311,156.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is currently owned by company insiders.

A number of analysts have recently issued reports on the company. Wells Fargo & Co reduced their target price on Federal Realty Investment Trust from $151.00 to $144.00 and set an “outperform” rating for the company in a report on Tuesday. They noted that the move was a valuation call. Boenning Scattergood set a $140.00 target price on Federal Realty Investment Trust and gave the company a “buy” rating in a report on Friday, December 8th. UBS Group upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their target price for the company from $131.00 to $141.00 in a report on Thursday, November 9th. BMO Capital Markets restated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a report on Tuesday, January 9th. Finally, Mizuho restated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company’s stock. Federal Realty Investment Trust currently has a consensus rating of “Buy” and a consensus price target of $140.83.

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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.

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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