Quantinno Capital Management LP Raises Stake in Federal Realty Investment Trust (NYSE:FRT)

Quantinno Capital Management LP boosted its holdings in Federal Realty Investment Trust (NYSE:FRT) by 23.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,826 shares of the real estate investment trust’s stock after purchasing an additional 5,575 shares during the quarter. Quantinno Capital Management LP’s holdings in Federal Realty Investment Trust were worth $3,429,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. grew its stake in shares of Federal Realty Investment Trust by 81.7% in the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 107 shares during the last quarter. Family Firm Inc. purchased a new stake in shares of Federal Realty Investment Trust in the second quarter worth $33,000. Blue Trust Inc. increased its holdings in shares of Federal Realty Investment Trust by 885.7% during the second quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 310 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth about $36,000. Finally, Rothschild Investment LLC bought a new position in Federal Realty Investment Trust in the 2nd quarter worth about $42,000. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Up 0.2 %

FRT opened at $114.17 on Tuesday. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The firm’s 50 day simple moving average is $113.35 and its two-hundred day simple moving average is $110.10. 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 company has a market capitalization of $9.47 billion, a PE ratio of 33.19, a PEG ratio of 2.17 and a beta of 1.24.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is presently 127.91%.

Analysts Set New Price Targets

A number of research firms have weighed in on FRT. Mizuho raised their price objective on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a research note on Monday, August 19th. Wells Fargo & Company boosted their price objective on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. Compass Point increased their target price on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, September 10th. Raymond James boosted their price target on Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Finally, JPMorgan Chase & Co. increased their price objective on Federal Realty Investment Trust from $121.00 to $122.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $123.38.

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.