7,928 Shares in Federal Realty Investment Trust (NYSE:FRT) Bought by Sound Financial Strategies Group LLC

Sound Financial Strategies Group LLC bought a new position in shares of Federal Realty Investment Trust (NYSE:FRT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,928 shares of the real estate investment trust’s stock, valued at approximately $888,000. Federal Realty Investment Trust makes up about 0.7% of Sound Financial Strategies Group LLC’s portfolio, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brooklyn Investment Group bought a new position in shares of Federal Realty Investment Trust in the third quarter valued at $36,000. Venturi Wealth Management LLC lifted its stake in shares of Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 333 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 111 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in shares of Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 137 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Federal Realty Investment Trust by 14.5% in the fourth quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 175 shares in the last quarter. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Trading Down 2.2 %

Shares of Federal Realty Investment Trust stock opened at $103.18 on Wednesday. The firm has a market cap of $8.84 billion, a PE ratio of 30.08, a PEG ratio of 2.20 and a beta of 1.24. 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 has a 1 year low of $95.97 and a 1 year high of $118.34. The company has a 50 day simple moving average of $107.37 and a two-hundred day simple moving average of $111.56.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. The firm 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%. Analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 dividend yield of 4.26%. Federal Realty Investment Trust’s payout ratio is 128.28%.

Analysts Set New Price Targets

FRT has been the topic of a number of recent analyst reports. Mizuho dropped their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 25th. Scotiabank dropped their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating on the stock in a research report on Friday, February 28th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Stifel Nicolaus decreased their price objective 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. Finally, StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $121.85.

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.