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

Federal Realty Investment Trust (NYSE:FRT) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Scotiabank lifted their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.62.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $103.88 on Thursday. The firm has a 50-day moving average price of $111.88 and a two-hundred day moving average price of $111.80. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The company has a market capitalization of $8.62 billion, a P/E ratio of 30.20, a P/E/G ratio of 2.17 and a beta of 1.25. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FRT. NBC Securities Inc. increased its holdings in Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 107 shares during the period. CWM LLC grew its position in shares of Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 110 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of Federal Realty Investment Trust by 2.7% in the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 125 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of Federal Realty Investment Trust by 2.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust’s stock valued at $535,000 after buying an additional 143 shares during the period. Finally, M&T Bank Corp raised its position in shares of Federal Realty Investment Trust by 1.5% during the third quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust’s stock worth $1,123,000 after acquiring an additional 149 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.