Creative Financial Designs Inc. ADV Cuts Position in Federal Realty Investment Trust (NYSE:FRT)

Creative Financial Designs Inc. ADV lessened its holdings in Federal Realty Investment Trust (NYSE:FRT) by 3.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,004 shares of the real estate investment trust’s stock after selling 236 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Federal Realty Investment Trust were worth $672,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in shares of Federal Realty Investment Trust by 3.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after buying an additional 168,885 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Federal Realty Investment Trust by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock worth $224,565,000 after buying an additional 7,160 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Federal Realty Investment Trust by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,285,189 shares of the real estate investment trust’s stock worth $143,877,000 after buying an additional 37,274 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Federal Realty Investment Trust by 8.1% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 811,945 shares of the real estate investment trust’s stock worth $90,897,000 after purchasing an additional 60,671 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in shares of Federal Realty Investment Trust by 1,463.8% in the 3rd quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock worth $70,251,000 after purchasing an additional 572,008 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

FRT has been the topic of a number of research reports. Mizuho lowered 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 report on Tuesday, February 25th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Stifel Nicolaus lowered their price target on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Scotiabank lowered 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 report on Friday, February 28th. Finally, JPMorgan Chase & Co. lowered 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 report on Friday, March 7th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $119.77.

Federal Realty Investment Trust Trading Down 0.6 %

Shares of FRT stock opened at $97.30 on Wednesday. The stock has a market capitalization of $8.34 billion, a price-to-earnings ratio of 28.37, a PEG 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’s fifty day simple moving average is $104.89 and its two-hundred day simple moving average is $110.38. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick 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 for the quarter, hitting the consensus estimate of $1.73. The firm had revenue of $311.44 million for the quarter, compared to analysts’ expectations 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, analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.52%. Federal Realty Investment Trust’s payout ratio is currently 128.28%.

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.