Metis Global Partners LLC Has $1.13 Million Holdings in Federal Realty Investment Trust (NYSE:FRT)

Metis Global Partners LLC lifted its holdings in Federal Realty Investment Trust (NYSE:FRT) by 10.0% during the 4th quarter, HoldingsChannel reports. The fund owned 10,115 shares of the real estate investment trust’s stock after acquiring an additional 921 shares during the quarter. Metis Global Partners LLC’s holdings in Federal Realty Investment Trust were worth $1,132,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of FRT. Brooklyn Investment Group bought a new stake in Federal Realty Investment Trust during the third quarter worth about $36,000. Venturi Wealth Management LLC lifted its position in 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 worth $53,000 after purchasing an additional 333 shares during the period. Jackson Grant Investment Advisers Inc. lifted its position in Federal Realty Investment Trust by 11.5% during the fourth 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 period. Blue Trust Inc. lifted its position in Federal Realty Investment Trust by 14.5% during the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $159,000 after purchasing an additional 175 shares during the period. Finally, Global Retirement Partners LLC lifted its position in Federal Realty Investment Trust by 11.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock worth $161,000 after purchasing an additional 142 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Stifel Nicolaus dropped their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a report on Friday, February 14th. Mizuho dropped their target price on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating for the company in a report on Tuesday, February 25th. Finally, Wells Fargo & Company dropped their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $121.85.

Federal Realty Investment Trust Stock Down 0.0 %

Shares of NYSE FRT opened at $105.39 on Tuesday. The company has a 50 day simple moving average of $107.51 and a 200 day simple moving average of $111.62. The firm has a market cap of $9.03 billion, a PE ratio of 30.73, a price-to-earnings-growth ratio of 2.20 and a beta of 1.24. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. 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 quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. The business had revenue of $311.44 million during the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $1.10 dividend. 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 4.17%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 128.28%.

Federal Realty Investment Trust Company 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.