Marshall Wace LLP Has $25.93 Million Holdings in Federal Realty Investment Trust (NYSE:FRT)

Marshall Wace LLP grew its holdings in Federal Realty Investment Trust (NYSE:FRT) by 180.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 231,638 shares of the real estate investment trust’s stock after buying an additional 149,140 shares during the period. Marshall Wace LLP’s holdings in Federal Realty Investment Trust were worth $25,932,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FRT. Venturi Wealth Management LLC increased its stake in shares of Federal Realty Investment Trust by 244.9% in the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 333 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Federal Realty Investment Trust by 25.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $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% in 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 during the last quarter. Headlands Technologies LLC purchased a new stake in shares of Federal Realty Investment Trust during the 4th quarter worth about $91,000. Finally, Hopwood Financial Services Inc. acquired a new stake in shares of Federal Realty Investment Trust during the 4th quarter valued at about $101,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Trading Up 1.7 %

Shares of NYSE:FRT opened at $93.61 on Friday. The firm has a market cap of $8.03 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 2.20 and a beta of 1.08. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $118.34. The company’s fifty day simple moving average is $98.39 and its 200 day simple moving average is $106.82. 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 (NYSE:FRT) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. The firm had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. As a group, research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.70%. Federal Realty Investment Trust’s dividend payout ratio is currently 128.28%.

Wall Street Analyst Weigh In

Several analysts have commented on FRT shares. Citigroup reissued a “neutral” rating and issued a $106.00 target price (down from $135.00) on shares of Federal Realty Investment Trust in a research report on Friday, March 28th. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. JPMorgan Chase & Co. cut their target price on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Mizuho reduced their price target on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating for the company in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company lowered their price objective on Federal Realty Investment Trust from $125.00 to $113.00 and set an “overweight” rating on the stock in a report on Wednesday, March 26th. Five 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $116.00.

Federal Realty Investment Trust Company 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.