Federal Realty Investment Trust (NYSE:FRT) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of Federal Realty Investment Trust (NYSE:FRT) from a sell rating to a hold rating in a research report released on Wednesday morning.

A number of other research analysts have also commented on the company. Scotiabank upped their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Wells Fargo & Company decreased their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $122.00 to $125.00 in a report on Friday, December 20th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has an average rating of “Moderate Buy” and an average target price of $124.17.

Federal Realty Investment Trust Stock Performance

Shares of NYSE FRT opened at $110.51 on Wednesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. The stock’s fifty day moving average price is $109.28 and its two-hundred day moving average price is $112.18. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. The firm has a market cap of $9.17 billion, a price-to-earnings ratio of 32.13, a P/E/G ratio of 2.34 and a beta of 1.24.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in FRT. NBC Securities Inc. lifted its stake 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 valued at $27,000 after purchasing an additional 107 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of Federal Realty Investment Trust during the third quarter valued at $36,000. Eastern Bank bought a new position in shares of Federal Realty Investment Trust during the third quarter valued at $52,000. Venturi Wealth Management LLC raised its stake in shares of Federal Realty Investment Trust by 244.9% during the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 333 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

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.