Nan Fung Trinity HK Ltd. Has $5.45 Million Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Nan Fung Trinity HK Ltd. cut its holdings in Federal Realty Investment Trust (NYSE:FRT) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,700 shares of the real estate investment trust’s stock after selling 1,000 shares during the quarter. Federal Realty Investment Trust accounts for 1.1% of Nan Fung Trinity HK Ltd.’s investment portfolio, making the stock its 25th largest holding. Nan Fung Trinity HK Ltd. owned about 0.06% of Federal Realty Investment Trust worth $5,452,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FRT. Sigma Planning Corp lifted its position in shares of Federal Realty Investment Trust by 22.1% during the 4th quarter. Sigma Planning Corp now owns 12,309 shares of the real estate investment trust’s stock valued at $1,378,000 after acquiring an additional 2,225 shares during the period. Morningstar Investment Management LLC raised its holdings in shares of Federal Realty Investment Trust by 8.7% during the fourth quarter. Morningstar Investment Management LLC now owns 5,910 shares of the real estate investment trust’s stock valued at $662,000 after purchasing an additional 475 shares during the period. Ieq Capital LLC boosted its position in shares of Federal Realty Investment Trust by 49.1% during the 4th quarter. Ieq Capital LLC now owns 3,438 shares of the real estate investment trust’s stock worth $385,000 after purchasing an additional 1,132 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of Federal Realty Investment Trust by 11.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 142 shares during the period. Finally, Atria Wealth Solutions Inc. bought a new stake in Federal Realty Investment Trust in the 4th quarter valued at about $294,000. 93.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Wells Fargo & Company lowered their target price on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. Raymond James reduced their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Scotiabank raised 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. Finally, Stifel Nicolaus dropped their target price on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.23.

Federal Realty Investment Trust Trading Down 0.2 %

Shares of FRT stock opened at $104.29 on Friday. The stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 2.20 and a beta of 1.24. The company’s fifty day simple moving average is $108.20 and its two-hundred day simple moving average is $111.87. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. As a group, analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s payout ratio is 128.28%.

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.