Federal Realty Investment Trust (NYSE:FRT) Upgraded by StockNews.com to Hold Rating

StockNews.com upgraded shares of Federal Realty Investment Trust (NYSE:FRT) from a sell rating to a hold rating in a research report released on Wednesday.

Other equities research analysts have also recently issued reports about the stock. Wells Fargo & Company decreased their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Finally, Scotiabank raised their price target on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $124.17.

Federal Realty Investment Trust Trading Down 0.4 %

FRT opened at $110.51 on Wednesday. Federal Realty Investment Trust has a twelve month low of $95.97 and a twelve month high of $118.34. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The company has a fifty day moving average of $109.28 and a 200-day moving average of $112.18. The stock has a market cap of $9.17 billion, a PE ratio of 32.13, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Resona Asset Management Co. Ltd. bought a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at about $5,012,000. Wells Fargo & Company MN lifted its position in shares of Federal Realty Investment Trust by 4.4% during the fourth quarter. Wells Fargo & Company MN now owns 905,884 shares of the real estate investment trust’s stock valued at $101,414,000 after purchasing an additional 38,227 shares in the last quarter. Centersquare Investment Management LLC lifted its position in shares of Federal Realty Investment Trust by 935.8% during the fourth quarter. Centersquare Investment Management LLC now owns 1,042,016 shares of the real estate investment trust’s stock valued at $116,654,000 after purchasing an additional 941,414 shares in the last quarter. World Investment Advisors raised its position in Federal Realty Investment Trust by 305.5% in the fourth quarter. World Investment Advisors now owns 7,778 shares of the real estate investment trust’s stock worth $871,000 after acquiring an additional 5,860 shares during the period. Finally, Cinctive Capital Management LP raised its position in Federal Realty Investment Trust by 131.2% in the fourth quarter. Cinctive Capital Management LP now owns 45,483 shares of the real estate investment trust’s stock worth $5,092,000 after acquiring an additional 25,813 shares during the period. 93.86% of the stock is owned by institutional investors.

About Federal Realty Investment Trust

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.