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

Federal Realty Investment Trust (NYSE:FRT) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

FRT has been the topic of a number of other reports. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price target for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Citigroup raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their price target for the stock from $120.00 to $135.00 in a report on Friday, September 13th. Scotiabank boosted their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. Evercore ISI increased their price objective on Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Compass Point lifted their target price on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.62.

Federal Realty Investment Trust Stock Performance

FRT traded up $1.03 during trading hours on Tuesday, hitting $111.95. The stock had a trading volume of 544,102 shares, compared to its average volume of 624,179. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The company’s fifty day simple moving average is $113.42 and its 200 day simple moving average is $111.46. The stock has a market cap of $9.29 billion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after purchasing an additional 168,885 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Federal Realty Investment Trust by 4.7% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust’s stock valued at $201,355,000 after acquiring an additional 90,395 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Federal Realty Investment Trust by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock valued at $224,565,000 after acquiring an additional 7,160 shares during the period. ProShare Advisors LLC grew its position in Federal Realty Investment Trust by 2.2% during the 2nd quarter. ProShare Advisors LLC now owns 1,732,026 shares of the real estate investment trust’s stock worth $174,883,000 after acquiring an additional 36,880 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Federal Realty Investment Trust by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,247,915 shares of the real estate investment trust’s stock worth $143,473,000 after purchasing an additional 42,209 shares during the period. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Company Profile

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.