Global X Japan Co. Ltd. Has $511,000 Stake in Federal Realty Investment Trust (NYSE:FRT)

Global X Japan Co. Ltd. boosted its position in Federal Realty Investment Trust (NYSE:FRT) by 16.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,566 shares of the real estate investment trust’s stock after purchasing an additional 632 shares during the period. Global X Japan Co. Ltd.’s holdings in Federal Realty Investment Trust were worth $511,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of 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 valued at $561,743,000 after buying an additional 168,885 shares during the period. Geode Capital Management LLC raised 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 worth $224,565,000 after purchasing an additional 7,160 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of 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 valued at $143,473,000 after purchasing an additional 42,209 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after buying an additional 572,008 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Federal Realty Investment Trust by 456.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust’s stock valued at $69,544,000 after purchasing an additional 496,129 shares during the period. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Price Performance

FRT stock opened at $110.62 on Friday. The stock has a market capitalization of $9.18 billion, a price-to-earnings ratio of 32.16, a PEG ratio of 2.00 and a beta of 1.24. The firm’s 50-day moving average price is $109.74 and its two-hundred day moving average price is $112.11. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34.

Analyst Ratings Changes

Several research firms have recently weighed in on FRT. Wells Fargo & Company lowered their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. Scotiabank lifted their price target on shares of 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. StockNews.com lowered shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $122.00 to $125.00 in a research report on Friday, December 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.17.

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.