Federal Realty Investment Trust (NYSE:FRT) had its price target boosted by investment analysts at Citigroup from $144.00 to $146.00 in a research note issued to investors on Tuesday, BenzingaRatingsTable reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Citigroup‘s price objective suggests a potential upside of 9.83% from the stock’s current price.

FRT has been the topic of a number of other reports. Compass Point started coverage on shares of Federal Realty Investment Trust in a research report on Thursday, August 15th. They set a “buy” rating and a $142.00 target price on the stock. Deutsche Bank upgraded shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and lifted their price target for the stock from $134.00 to $141.00 in a research report on Thursday, September 5th. Sandler O’Neill downgraded shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating and dropped their price target for the stock from $150.00 to $145.00 in a research note on Friday, November 1st. They noted that the move was a valuation call. Mizuho upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and set a $146.00 price objective on the stock in a report on Friday, September 13th. Finally, Zacks Investment Research cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating and set a $148.00 price objective on the stock. in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $143.25.

NYSE FRT opened at $132.93 on Tuesday. The stock has a market capitalization of $9.95 billion, a P/E ratio of 21.34, a price-to-earnings-growth ratio of 4.30 and a beta of 0.41. Federal Realty Investment Trust has a 52 week low of $115.09 and a 52 week high of $141.35. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a fifty day moving average of $133.54 and a 200-day moving average of $132.61.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Wednesday, October 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.75). The firm had revenue of $233.90 million for the quarter, compared to analyst estimates of $231.88 million. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.09%. The company’s revenue was up 1.8% compared to the same quarter last year. During the same period last year, the company earned $1.58 EPS. Equities research analysts forecast that Federal Realty Investment Trust will post 6.33 earnings per share for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Quest Capital Management Inc. ADV acquired a new position in Federal Realty Investment Trust during the third quarter valued at approximately $28,000. NumerixS Investment Technologies Inc purchased a new stake in shares of Federal Realty Investment Trust during the second quarter worth $39,000. Harvest Fund Management Co. Ltd boosted its holdings in shares of Federal Realty Investment Trust by 200.0% in the second quarter. Harvest Fund Management Co. Ltd now owns 300 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 200 shares during the period. CSat Investment Advisory L.P. boosted its holdings in shares of Federal Realty Investment Trust by 54.0% in the second quarter. CSat Investment Advisory L.P. now owns 345 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 121 shares during the period. Finally, Ossiam purchased a new position in shares of Federal Realty Investment Trust in the second quarter valued at $48,000. 86.56% of the stock is owned by institutional investors.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply.

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Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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