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Federal Realty Investment Trust – Receive News & Ratings Daily – TheOlympiaReport

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Edge Wealth Management LLC maintained its stake in Federal Realty Investment Trust (NYSE:FRT) during the second quarter, according to its most recent filing with the SEC. The fund owned 800 shares of the real estate investment trust’s stock at the end of the second quarter. Edge Wealth Management LLC’s holdings in Federal Realty Investment Trust were worth $101,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Franklin Parlapiano Turner & Welch LLC purchased a new stake in Federal Realty Investment Trust during the first quarter valued at approximately $126,000. Alexandria Capital LLC boosted its stake in Federal Realty Investment Trust by 1.4% in the first quarter. Alexandria Capital LLC now owns 1,187 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 16 shares during the period. Global X Management Co. LLC boosted its stake in Federal Realty Investment Trust by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 292 shares during the period. IFP Advisors Inc boosted its stake in shares of Federal Realty Investment Trust by 0.3% in the first quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock worth $205,000 after buying an additional 4 shares during the period. Finally, Pacer Advisors Inc. boosted its stake in shares of Federal Realty Investment Trust by 3.6% in the first quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 55 shares during the period. 93.71% of the stock is owned by institutional investors.

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 133.64 on Friday. The stock has a 50 day moving average price of $128.10 and a 200-day moving average price of $132.32. The company has a market capitalization of $9.66 billion, a price-to-earnings ratio of 38.70 and a beta of 0.29. Federal Realty Investment Trust has a one year low of $120.50 and a one year high of $167.77.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.03. The company had revenue of $208 million for the quarter, compared to analysts’ expectations of $208.33 million. Federal Realty Investment Trust had a net margin of 30.40% and a return on equity of 10.91%. The business’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.42 EPS. On average, equities research analysts expect that Federal Realty Investment Trust will post $3.23 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 22nd will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, September 21st. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. Federal Realty Investment Trust’s dividend payout ratio is 113.62%.

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FRT has been the subject of a number of analyst reports. Seaport Global Securities reaffirmed a “buy” rating on shares of Federal Realty Investment Trust in a research note on Thursday, April 27th. Citigroup Inc. reaffirmed a “buy” rating and set a $156.00 price objective (down from $160.00) on shares of Federal Realty Investment Trust in a research note on Sunday, June 11th. BidaskClub raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, June 16th. Bank of America Corporation raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $140.00 to $146.00 in a research note on Friday, July 21st. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $136.00 price objective on shares of Federal Realty Investment Trust in a research note on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $152.90.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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