Federal Realty Investment Trust (NYSE:FRT) Shares Sold by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. decreased its stake in Federal Realty Investment Trust (NYSE:FRT) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 146,781 shares of the real estate investment trust’s stock after selling 6,069 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Federal Realty Investment Trust were worth $16,432,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of FRT. Venturi Wealth Management LLC boosted its holdings in Federal Realty Investment Trust by 244.9% in the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 111 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in Federal Realty Investment Trust by 592.0% in the 4th quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 592 shares during the last quarter. Headlands Technologies LLC purchased a new position in Federal Realty Investment Trust in the 4th quarter valued at $91,000. Finally, Hopwood Financial Services Inc. acquired a new stake in Federal Realty Investment Trust during the 4th quarter worth $101,000. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial downgraded shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $114.00 to $105.00 in a research note on Thursday, March 13th. Scotiabank dropped their price target on Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating for the company in a research report on Friday, February 28th. JPMorgan Chase & Co. cut their price target on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating for the company in a report on Friday, March 7th. Raymond James dropped their target price on 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. Finally, Stifel Nicolaus reduced their price target on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Federal Realty Investment Trust currently has an average rating of “Moderate Buy” and an average price target of $116.00.

Federal Realty Investment Trust Trading Down 1.4 %

NYSE FRT opened at $92.41 on Tuesday. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $118.34. The stock has a market capitalization of $7.93 billion, a P/E ratio of 26.94, a PEG ratio of 2.20 and a beta of 1.08. The firm’s 50-day moving average is $97.69 and its two-hundred day moving average is $106.48. 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 posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. The firm had revenue of $311.44 million during the quarter, compared to analysts’ expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, sell-side 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 was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date was Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 128.28%.

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.