JPMorgan Chase & Co. Has Lowered Expectations for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT) had its price target lowered by equities research analysts at JPMorgan Chase & Co. from $125.00 to $114.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 12.26% from the stock’s previous close.

A number of other brokerages also recently weighed in on FRT. Scotiabank lowered their target price on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Mizuho lowered their price target on 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. StockNews.com raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Raymond James decreased their target price on Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Finally, Stifel Nicolaus reduced 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 research report on Friday, February 14th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $121.00.

Federal Realty Investment Trust Trading Up 0.6 %

Shares of FRT stock traded up $0.62 during trading hours on Friday, reaching $101.55. The company had a trading volume of 68,125 shares, compared to its average volume of 708,980. 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 firm has a market cap of $8.70 billion, a price-to-earnings ratio of 29.64, a P/E/G ratio of 2.20 and a beta of 1.24. The company has a 50 day moving average of $106.76 and a 200 day moving average of $111.36.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. The company had revenue of $311.44 million during the quarter, compared to analysts’ expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Park Square Financial Group LLC acquired a new position in Federal Realty Investment Trust during the 4th quarter worth approximately $30,000. Brooklyn Investment Group bought a new stake in shares of Federal Realty Investment Trust during the third quarter worth $36,000. Kapitalo Investimentos Ltda acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter worth $51,000. Venturi Wealth Management LLC lifted its stake in shares of Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 333 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Federal Realty Investment Trust by 25.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 111 shares in the last quarter. 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.