Federal Realty Investment Trust (FRT) Shares Sold by Axa

Axa decreased its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 37.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,889 shares of the real estate investment trust’s stock after selling 3,468 shares during the period. Axa’s holdings in Federal Realty Investment Trust were worth $787,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc raised its position in 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 valued at $205,000 after buying an additional 4 shares during the period. Alexandria Capital LLC raised its position 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. Pacer Advisors Inc. raised its position in 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 valued at $213,000 after buying an additional 55 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Federal Realty Investment Trust by 1.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,115 shares of the real estate investment trust’s stock valued at $585,000 after buying an additional 65 shares during the period. Finally, Trust Co. of Toledo NA OH raised its position in Federal Realty Investment Trust by 1.7% in the first quarter. Trust Co. of Toledo NA OH now owns 4,435 shares of the real estate investment trust’s stock valued at $592,000 after buying an additional 72 shares during the period. 92.38% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Federal Realty Investment Trust (NYSE:FRT) traded down 0.22% during midday trading on Tuesday, reaching $123.94. 75,490 shares of the company traded hands. Federal Realty Investment Trust has a 1-year low of $120.50 and a 1-year high of $171.08. The stock has a market capitalization of $8.95 billion, a P/E ratio of 38.93 and a beta of 0.32. The stock’s 50-day moving average is $126.80 and its 200-day moving average is $135.05.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.02. The firm had revenue of $207.39 million during the quarter, compared to analysts’ expectations of $205.96 million. Federal Realty Investment Trust had a return on equity of 10.89% and a net margin of 28.27%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.38 EPS. Equities analysts predict that Federal Realty Investment Trust will post $3.24 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Thursday, June 22nd will be issued a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, June 20th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 123.27%.

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Several equities analysts have recently weighed in on the stock. BidaskClub raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday. Sandler O’Neill raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 target price for the company in a report on Monday, March 13th. Seaport Global Securities reaffirmed a “buy” rating on shares of Federal Realty Investment Trust in a report on Thursday, April 27th. Boenning Scattergood raised shares of Federal Realty Investment Trust from a “neutral” rating to an “outperform” rating in a report on Wednesday, March 22nd. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $156.00 target price (down from $160.00) on shares of Federal Realty Investment Trust in a report on Sunday, June 11th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $159.63.

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.

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