Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by RWC Asset Management LLP

RWC Asset Management LLP raised its holdings in Federal Realty Investment Trust (NYSE:FRT) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 218,493 shares of the real estate investment trust’s stock after purchasing an additional 8,946 shares during the quarter. Federal Realty Investment Trust accounts for about 1.2% of RWC Asset Management LLP’s holdings, making the stock its 29th biggest position. RWC Asset Management LLP owned approximately 0.26% of Federal Realty Investment Trust worth $24,460,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of Federal Realty Investment Trust by 1,463.8% during the 3rd quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock worth $70,251,000 after purchasing an additional 572,008 shares in the last quarter. FMR LLC boosted its holdings in Federal Realty Investment Trust by 667.2% during the third quarter. FMR LLC now owns 572,809 shares of the real estate investment trust’s stock worth $65,856,000 after buying an additional 498,146 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Federal Realty Investment Trust by 456.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust’s stock worth $69,544,000 after buying an additional 496,129 shares during the period. Wellington Management Group LLP purchased a new position in Federal Realty Investment Trust in the third quarter valued at about $26,548,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Federal Realty Investment Trust by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after acquiring an additional 168,885 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Down 0.2 %

Shares of Federal Realty Investment Trust stock opened at $104.29 on Monday. The firm has a market cap of $8.94 billion, a PE ratio of 30.40, a P/E/G ratio of 2.20 and a beta of 1.24. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a fifty-two week low of $95.97 and a fifty-two week high of $118.34. The business’s fifty day moving average is $108.20 and its two-hundred day moving average is $111.87.

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. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The firm had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The company 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 $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.22%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 128.28%.

Analysts Set New Price Targets

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

Federal Realty Investment Trust 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.