12,191 Shares in Federal Realty Investment Trust (NYSE:FRT) Acquired by ABC Arbitrage SA

ABC Arbitrage SA purchased a new stake in Federal Realty Investment Trust (NYSE:FRT) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 12,191 shares of the real estate investment trust’s stock, valued at approximately $1,365,000.

Several other institutional investors have also added to or reduced their stakes in FRT. NBC Securities Inc. increased its position in shares of Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 107 shares during the last quarter. CWM LLC increased its position in Federal Realty Investment Trust by 10.9% in the third quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock worth $129,000 after buying an additional 110 shares during the last quarter. Park Avenue Securities LLC grew its position 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 purchasing an additional 125 shares in the last quarter. Jackson Grant Investment Advisers Inc. grew its position in shares of Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after purchasing an additional 137 shares in the last quarter. Finally, Stephens Inc. AR grew its position in shares of Federal Realty Investment Trust by 3.6% in the fourth quarter. Stephens Inc. AR now owns 4,196 shares of the real estate investment trust’s stock valued at $470,000 after purchasing an additional 144 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock opened at $105.03 on Friday. The company has a 50 day moving average price of $109.06 and a 200-day moving average price of $112.12. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The company has a market capitalization of $8.71 billion, a PE ratio of 30.53, a P/E/G ratio of 2.34 and a beta of 1.24.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.73. The business had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 10.01% and a net margin of 24.67%. As a group, equities analysts forecast that Federal Realty Investment Trust will post 6.77 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 127.91%.

Analyst Upgrades and Downgrades

Several research firms recently commented on FRT. Stifel Nicolaus reduced their target price on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating for the company in a research report on Friday. StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their target price for the company from $122.00 to $125.00 in a report on Friday, December 20th. Wells Fargo & Company lowered their price target on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Finally, Scotiabank increased their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a research report on Monday, November 25th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.46.

About Federal Realty Investment Trust

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.