Federal Realty Investment Trust (NYSE:FRT) Receives $110.30 Average PT from Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT) have been given an average rating of “Moderate Buy” by the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $110.30.

FRT has been the subject of a number of recent analyst reports. Barclays reissued a “positive” rating and issued a $107.00 target price on shares of Federal Realty Investment Trust in a report on Tuesday, January 13th. Stifel Nicolaus set a $109.50 price objective on shares of Federal Realty Investment Trust in a research note on Thursday, December 18th. UBS Group set a $113.00 price objective on shares of Federal Realty Investment Trust in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Federal Realty Investment Trust in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $107.00 to $114.00 in a research report on Thursday, December 18th.

Institutional Trading of Federal Realty Investment Trust

Several large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of Federal Realty Investment Trust by 121.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,320 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 1,272 shares in the last quarter. Kingdom Financial Group LLC. purchased a new stake in shares of Federal Realty Investment Trust in the 4th quarter worth about $57,000. Global Retirement Partners LLC grew its stake in Federal Realty Investment Trust by 132.4% in the 4th quarter. Global Retirement Partners LLC now owns 804 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 458 shares during the last quarter. Prevail Innovative Wealth Advisors LLC increased its holdings in Federal Realty Investment Trust by 4.6% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 48,436 shares of the real estate investment trust’s stock valued at $4,882,000 after acquiring an additional 2,108 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in Federal Realty Investment Trust by 52.2% during the 4th quarter. IFP Advisors Inc now owns 1,516 shares of the real estate investment trust’s stock valued at $153,000 after acquiring an additional 520 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Up 0.9%

FRT opened at $105.83 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.60 and a quick ratio of 1.60. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $111.82. The stock has a market capitalization of $9.13 billion, a P/E ratio of 26.86, a P/E/G ratio of 4.56 and a beta of 1.02. The business has a 50 day simple moving average of $100.92 and a 200-day simple moving average of $98.77.

About Federal Realty Investment Trust

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.