Nisa Investment Advisors LLC raised its stake in Federal Realty Investment Trust (NYSE:FRT) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,815 shares of the real estate investment trust’s stock after acquiring an additional 1,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Federal Realty Investment Trust were worth $4,225,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FRT. JPMorgan Chase & Co. raised its holdings in shares of Federal Realty Investment Trust by 43.9% in the third quarter. JPMorgan Chase & Co. now owns 3,376,898 shares of the real estate investment trust’s stock worth $420,257,000 after acquiring an additional 1,030,604 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Federal Realty Investment Trust by 57.0% in the third quarter. Bank of New York Mellon Corp now owns 1,150,079 shares of the real estate investment trust’s stock valued at $142,851,000 after purchasing an additional 417,339 shares during the period. Resolution Capital Ltd grew its position in shares of Federal Realty Investment Trust by 87.3% in the third quarter. Resolution Capital Ltd now owns 546,450 shares of the real estate investment trust’s stock valued at $67,875,000 after purchasing an additional 254,705 shares during the period. Brookfield Asset Management Inc. grew its position in shares of Federal Realty Investment Trust by 18.4% in the second quarter. Brookfield Asset Management Inc. now owns 903,707 shares of the real estate investment trust’s stock valued at $114,220,000 after purchasing an additional 140,607 shares during the period. Finally, Shell Asset Management Co. grew its position in shares of Federal Realty Investment Trust by 1,143.0% in the third quarter. Shell Asset Management Co. now owns 143,870 shares of the real estate investment trust’s stock valued at $17,043,000 after purchasing an additional 132,296 shares during the period. 94.51% of the stock is owned by institutional investors.

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 9,900 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $132.44, for a total transaction of $1,311,156.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is currently owned by insiders.

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at $122.80 on Thursday. Federal Realty Investment Trust has a 1 year low of $119.37 and a 1 year high of $143.79. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market capitalization of $8,910.00, a PE ratio of 39.11, a price-to-earnings-growth ratio of 3.29 and a beta of 0.34.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.47 by $0.03. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The firm had revenue of $217.95 million during the quarter, compared to the consensus estimate of $213.63 million. During the same quarter in the previous year, the business earned $1.41 earnings per share. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. equities research analysts forecast that Federal Realty Investment Trust will post 5.91 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date was Friday, December 29th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 127.39%.

A number of equities research analysts have recently commented on FRT shares. UBS Group raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $131.00 to $141.00 in a research report on Thursday, November 9th. Boenning Scattergood reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. Stifel Nicolaus started coverage on Federal Realty Investment Trust in a research report on Thursday, November 30th. They issued a “buy” rating and a $144.00 price objective for the company. Mizuho reaffirmed a “buy” rating and issued a $142.00 price objective on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $142.00 price objective on shares of Federal Realty Investment Trust in a research report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $140.55.

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About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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