Federal Realty Investment Trust (NYSE:FRT) Shares Bought by JB Capital LLC

JB Capital LLC grew its holdings in Federal Realty Investment Trust (NYSE:FRT) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,798 shares of the real estate investment trust’s stock after purchasing an additional 1,238 shares during the quarter. JB Capital LLC’s holdings in Federal Realty Investment Trust were worth $1,769,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in Federal Realty Investment Trust by 3.6% during 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 buying an additional 168,885 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock worth $10,727,000 after acquiring an additional 7,501 shares during the period. Meridian Wealth Management LLC acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter valued at about $1,322,000. Vert Asset Management LLC grew its holdings in shares of Federal Realty Investment Trust by 12.3% in the fourth quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust’s stock valued at $3,697,000 after purchasing an additional 3,617 shares during the period. Finally, Sanctuary Advisors LLC increased its position in Federal Realty Investment Trust by 45.3% during the third quarter. Sanctuary Advisors LLC now owns 3,244 shares of the real estate investment trust’s stock worth $373,000 after purchasing an additional 1,012 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

Shares of FRT opened at $108.65 on Monday. The company has a market cap of $9.01 billion, a P/E ratio of 31.58, a PEG ratio of 2.00 and a beta of 1.24. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The firm’s 50 day moving average price is $110.20 and its 200 day moving average price is $112.15.

Analysts Set New Price Targets

FRT has been the topic of several recent analyst reports. Scotiabank boosted their target price on shares of 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. StockNews.com cut Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a report on Friday. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Finally, Wells Fargo & Company lowered their price target on 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. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and an average target price of $124.17.

Federal Realty Investment Trust 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.