Federal Realty Investment Trust (NYSE:FRT) Receives $122.85 Consensus Price Target from Analysts

Federal Realty Investment Trust (NYSE:FRT) has been given an average rating of “Moderate Buy” by the thirteen analysts that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $122.85.

Several research firms recently issued reports on FRT. Truist Financial boosted their price target on Federal Realty Investment Trust from $115.00 to $121.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. Mizuho upped their price target on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a research note on Monday, August 19th. Citigroup upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $120.00 to $135.00 in a research note on Friday, September 13th. JPMorgan Chase & Co. increased their target price on shares of Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Finally, Raymond James lifted their price target on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, August 16th.

Insider Buying and Selling at Federal Realty Investment Trust

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $116.47, for a total transaction of $691,482.39. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Federal Realty Investment Trust

Hedge funds have recently modified their holdings of the company. NBC Securities Inc. increased its holdings in Federal Realty Investment Trust by 81.7% in the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 107 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the third quarter valued at approximately $36,000. Family Firm Inc. bought a new position in Federal Realty Investment Trust in the 2nd quarter valued at approximately $33,000. Blue Trust Inc. boosted its position in Federal Realty Investment Trust by 885.7% during the 2nd quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 310 shares during the period. Finally, Rothschild Investment LLC bought a new stake in Federal Realty Investment Trust during the 2nd quarter worth approximately $42,000. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Up 0.1 %

Shares of FRT stock opened at $113.54 on Wednesday. Federal Realty Investment Trust has a 12-month low of $90.84 and a 12-month high of $118.34. The company has a market capitalization of $9.42 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. The firm has a 50 day moving average price of $113.58 and a two-hundred day moving average price of $108.67. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 3.88%. The ex-dividend date is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 127.91%.

About Federal Realty Investment Trust

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 communities where retail demand exceeds supply.