Federal Realty Investment Trust (NYSE:FRT) Stock Rating Upgraded by Mizuho

Federal Realty Investment Trust (NYSE:FRT) was upgraded by Mizuho from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Other research analysts have also issued reports about the company. Piper Sandler reissued an “overweight” rating on shares of Federal Realty Investment Trust in a research report on Tuesday, May 26th. Citigroup upped their price target on Federal Realty Investment Trust from $106.00 to $120.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial upped their price target on Federal Realty Investment Trust from $111.00 to $112.00 and gave the company a “hold” rating in a research report on Monday, March 23rd. Weiss Ratings raised Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, UBS Group set a $130.00 price target on Federal Realty Investment Trust in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $122.79.

Federal Realty Investment Trust Trading Down 0.7%

Shares of NYSE FRT opened at $118.85 on Monday. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $121.84. The company has a market cap of $10.27 billion, a price-to-earnings ratio of 20.63, a P/E/G ratio of 4.52 and a beta of 0.94. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.51. The business has a fifty day simple moving average of $111.63 and a 200-day simple moving average of $105.64.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Park Square Financial Group LLC acquired a new position in Federal Realty Investment Trust in the 4th quarter worth about $25,000. Turning Point Benefit Group Inc. increased its position in Federal Realty Investment Trust by 1,853.8% in the 4th quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 241 shares during the last quarter. True Wealth Design LLC increased its position in Federal Realty Investment Trust by 88.7% in the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 126 shares during the last quarter. Private Trust Co. NA increased its position in Federal Realty Investment Trust by 937.5% in the 4th quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 300 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Federal Realty Investment Trust in the 3rd quarter worth about $35,000. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.