Federal Realty Investment Trust (NYSE:FRT) Receives $123.92 Consensus Price Target from Brokerages

Federal Realty Investment Trust (NYSE:FRT) has been given an average recommendation of “Moderate Buy” by the twelve ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $124.17.

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company reduced their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, January 16th. Finally, Scotiabank raised their price target on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FRT. NBC Securities Inc. raised its holdings in Federal Realty Investment Trust by 81.7% during the 3rd quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 107 shares during the last quarter. Brooklyn Investment Group bought a new position in Federal Realty Investment Trust during the 3rd quarter worth approximately $36,000. Eastern Bank bought a new position in Federal Realty Investment Trust during the 3rd quarter worth approximately $52,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Federal Realty Investment Trust by 2,475.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 594 shares during the last quarter. Finally, CWM LLC raised its holdings in Federal Realty Investment Trust by 10.9% during the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 110 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Down 1.2 %

Shares of Federal Realty Investment Trust stock opened at $107.39 on Monday. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of 31.22, a PEG ratio of 1.92 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. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The firm’s 50-day moving average price is $110.45 and its two-hundred day moving average price is $112.12.

Federal Realty Investment Trust Company Profile

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.