Federal Realty Investment Trust (NYSE:FRT) Raised to “Hold” at StockNews.com

Federal Realty Investment Trust (NYSE:FRT) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Tuesday.

Several other analysts also recently issued reports on FRT. Compass Point increased their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, September 10th. Citigroup raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their price target for the company from $120.00 to $135.00 in a report on Friday, September 13th. Scotiabank boosted their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Evercore ISI raised their target price on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.62.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $111.95 on Tuesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The company has a market capitalization of $9.29 billion, a price-to-earnings ratio of 32.54, a PEG ratio of 2.14 and a beta of 1.24. The business has a 50-day moving average of $113.37 and a 200-day moving average of $111.47.

Institutional Trading of Federal Realty Investment Trust

Several institutional investors have recently added to or reduced their stakes in FRT. Rothschild Investment LLC acquired a new position in shares of Federal Realty Investment Trust in the 2nd quarter valued at about $42,000. Commonwealth Equity Services LLC grew its holdings in shares of Federal Realty Investment Trust by 4.9% during the second quarter. Commonwealth Equity Services LLC now owns 6,522 shares of the real estate investment trust’s stock valued at $659,000 after purchasing an additional 303 shares during the last quarter. Rhumbline Advisers raised its position in shares of Federal Realty Investment Trust by 1.3% during the 2nd quarter. Rhumbline Advisers now owns 154,480 shares of the real estate investment trust’s stock worth $15,598,000 after purchasing an additional 2,012 shares during the period. RWC Asset Management LLP lifted its holdings in shares of Federal Realty Investment Trust by 0.4% in the 2nd quarter. RWC Asset Management LLP now owns 174,848 shares of the real estate investment trust’s stock worth $17,654,000 after purchasing an additional 717 shares during the last quarter. Finally, TD Asset Management Inc grew its stake in Federal Realty Investment Trust by 5.3% during the 2nd quarter. TD Asset Management Inc now owns 13,894 shares of the real estate investment trust’s stock worth $1,403,000 after buying an additional 700 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

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.