Creative Financial Designs Inc. ADV Has $672,000 Stake in Federal Realty Investment Trust (NYSE:FRT)

Creative Financial Designs Inc. ADV decreased its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,004 shares of the real estate investment trust’s stock after selling 236 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Federal Realty Investment Trust were worth $672,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Oregon Public Employees Retirement Fund raised its position in Federal Realty Investment Trust by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust’s stock worth $734,000 after purchasing an additional 110 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Federal Realty Investment Trust by 25.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 111 shares during the last quarter. Park Avenue Securities LLC raised its position in Federal Realty Investment Trust by 2.7% during the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock worth $533,000 after purchasing an additional 125 shares during the last quarter. Keybank National Association OH raised its position in Federal Realty Investment Trust by 5.1% during the 4th quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust’s stock worth $293,000 after purchasing an additional 128 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its position in Federal Realty Investment Trust by 11.5% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analyst Ratings Changes

FRT has been the subject of several analyst reports. StockNews.com raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Stifel Nicolaus lowered their target price on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research report on Friday, February 14th. Scotiabank lowered their target price on Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating for the company in a research report on Friday, February 28th. Wells Fargo & Company lowered their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Finally, Raymond James lowered their price objective on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.77.

Federal Realty Investment Trust Stock Performance

Shares of Federal Realty Investment Trust stock opened at $97.30 on Wednesday. Federal Realty Investment Trust has a one year low of $94.58 and a one year high of $118.34. The firm has a market capitalization of $8.34 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 2.20 and a beta of 1.27. The business has a 50-day simple moving average of $104.89 and a 200 day simple moving average of $110.38. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The business had revenue of $311.44 million during the quarter, compared to analyst estimates of $311.85 million. On average, research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 dividend on an annualized basis and a yield of 4.52%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 128.28%.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.