Federal Realty Investment Trust (NYSE:FRT) Shares Bought by HUB Investment Partners LLC

HUB Investment Partners LLC boosted its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 13.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,036 shares of the real estate investment trust’s stock after buying an additional 234 shares during the quarter. HUB Investment Partners LLC’s holdings in Federal Realty Investment Trust were worth $228,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $36,000. Venturi Wealth Management LLC grew its position 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 valued at $53,000 after purchasing an additional 333 shares during the period. Smartleaf Asset Management LLC grew its position in shares of 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 during the period. Hopwood Financial Services Inc. acquired a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at about $101,000. Finally, Jackson Grant Investment Advisers Inc. grew its position in shares of Federal Realty Investment Trust by 11.5% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after purchasing an additional 137 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Federal Realty Investment Trust stock opened at $95.03 on Friday. The company’s 50 day simple moving average is $104.47 and its 200-day simple moving average is $110.03. The company has a market capitalization of $8.14 billion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. Federal Realty Investment Trust has a 1 year low of $94.58 and a 1 year 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.

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 analysts’ consensus estimates of $1.73. The business had revenue of $311.44 million for the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. As a group, equities 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 128.28%.

Analyst Upgrades and Downgrades

FRT has been the topic of several research reports. Scotiabank decreased their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating on the stock in a research note on Friday, February 28th. JPMorgan Chase & Co. decreased their price target on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Mizuho decreased their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 25th. 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. Finally, Raymond James decreased their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus price target of $119.77.

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.