Machina Capital S.A.S. Decreases Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Machina Capital S.A.S. trimmed its holdings in Federal Realty Investment Trust (NYSE:FRT) by 47.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,718 shares of the real estate investment trust’s stock after selling 2,456 shares during the quarter. Machina Capital S.A.S.’s holdings in Federal Realty Investment Trust were worth $304,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of FRT. Principal Financial Group Inc. lifted its stake in Federal Realty Investment Trust by 8.7% in the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust’s stock worth $10,727,000 after purchasing an additional 7,501 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in Federal Realty Investment Trust in the 3rd quarter worth approximately $226,000. Sustainable Insight Capital Management LLC lifted its stake in Federal Realty Investment Trust by 80.8% in the 3rd quarter. Sustainable Insight Capital Management LLC now owns 4,700 shares of the real estate investment trust’s stock worth $540,000 after purchasing an additional 2,100 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in Federal Realty Investment Trust by 1,244.6% in the 3rd quarter. Los Angeles Capital Management LLC now owns 29,137 shares of the real estate investment trust’s stock worth $3,350,000 after purchasing an additional 26,970 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in Federal Realty Investment Trust by 5.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 3,123 shares of the real estate investment trust’s stock worth $359,000 after purchasing an additional 167 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Up 0.3 %

Federal Realty Investment Trust stock opened at $101.21 on Monday. 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 debt-to-equity ratio of 1.45, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a 50 day moving average price of $106.56 and a 200 day moving average price of $111.27. The company has a market capitalization of $8.67 billion, a PE ratio of 29.51, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The company had revenue of $311.44 million during the quarter, compared to analysts’ expectations of $311.85 million. Research analysts expect 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.35%. Federal Realty Investment Trust’s dividend payout ratio is presently 128.28%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on FRT shares. Scotiabank cut their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating for the company in a report on Friday, February 28th. Raymond James cut 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 report on Tuesday, February 18th. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Wells Fargo & Company cut their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Finally, Mizuho cut their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating for the company in a report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

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.