Mufg Securities Americas Inc. Invests $126,000 in Federal Realty Investment Trust (NYSE:FRT)

Mufg Securities Americas Inc. acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,129 shares of the real estate investment trust’s stock, valued at approximately $126,000.

Several other large investors have also modified their holdings of FRT. Kapitalo Investimentos Ltda purchased a new position in shares of Federal Realty Investment Trust during the 4th quarter worth about $51,000. Venturi Wealth Management LLC increased its position in Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 333 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Federal Realty Investment Trust by 25.0% during the 4th 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. increased its position in Federal Realty Investment Trust by 592.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust’s stock worth $77,000 after purchasing an additional 592 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in Federal Realty Investment Trust during the 4th quarter worth approximately $91,000. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Up 1.3%

Shares of NYSE:FRT opened at $97.94 on Friday. 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 52-week low of $80.65 and a 52-week high of $118.34. The company has a 50 day moving average of $94.34 and a two-hundred day moving average of $104.24. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 28.55, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.01. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The company had revenue of $302.29 million during the quarter, compared to the consensus estimate of $307.55 million. During the same quarter last year, the company earned $1.64 earnings per share. Federal Realty Investment Trust’s revenue for the quarter was up 6.1% on a year-over-year basis. As a group, analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.49%. The ex-dividend date is Tuesday, July 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 126.07%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Federal Realty Investment Trust from $125.00 to $113.00 and set an “overweight” rating for the company in a research report on Wednesday, March 26th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Stifel Nicolaus dropped 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. Raymond James dropped their target price 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. Finally, Citigroup reissued a “neutral” rating and set a $106.00 target price (down previously from $135.00) on shares of Federal Realty Investment Trust in a research report on Friday, March 28th. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $116.00.

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.