Federal Realty Investment Trust (NYSE:FRT) Downgraded to “Sell” Rating by StockNews.com

StockNews.com lowered shares of Federal Realty Investment Trust (NYSE:FRT) from a hold rating to a sell rating in a research report report published on Friday morning.

FRT has been the topic of a number of other research reports. Wells Fargo & Company cut their target price on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday. Scotiabank increased their price target 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. Finally, JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Federal Realty Investment Trust currently has an average rating of “Moderate Buy” and a consensus price target of $124.17.

Federal Realty Investment Trust Stock Up 0.3 %

FRT stock opened at $108.65 on Friday. The firm has a 50-day moving average price of $110.20 and a 200-day moving average price of $112.11. Federal Realty Investment Trust has a 12 month low of $95.97 and a 12 month high of $118.34. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $9.01 billion, a P/E ratio of 31.58, a price-to-earnings-growth ratio of 1.97 and a beta of 1.25.

Institutional Investors Weigh In On Federal Realty Investment Trust

Several institutional investors and hedge funds have recently made changes to their positions in FRT. JPMorgan Chase & Co. boosted its holdings 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 valued at $561,743,000 after acquiring an additional 168,885 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Federal Realty Investment Trust by 0.4% in 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 period. Charles Schwab Investment Management Inc. lifted its position 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 worth $143,473,000 after purchasing an additional 42,209 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Federal Realty Investment Trust by 1,463.8% in the 3rd quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after purchasing an additional 572,008 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Federal Realty Investment Trust by 456.2% during the third 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 worth $69,544,000 after buying an additional 496,129 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

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.