Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by AE Wealth Management LLC

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AE Wealth Management LLC grew its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,366 shares of the real estate investment trust’s stock after acquiring an additional 220 shares during the quarter. AE Wealth Management LLC’s holdings in Federal Realty Investment Trust were worth $627,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Handelsbanken Fonder AB increased its stake in shares of Federal Realty Investment Trust by 11.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 17,944 shares of the real estate investment trust’s stock valued at $1,318,000 after acquiring an additional 1,800 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Federal Realty Investment Trust by 165.2% during the 3rd quarter. SG Americas Securities LLC now owns 15,178 shares of the real estate investment trust’s stock valued at $1,115,000 after acquiring an additional 9,455 shares during the last quarter. TD Asset Management Inc. increased its stake in shares of Federal Realty Investment Trust by 39.2% during the 3rd quarter. TD Asset Management Inc. now owns 19,587 shares of the real estate investment trust’s stock valued at $1,438,000 after acquiring an additional 5,519 shares during the last quarter. Retirement Systems of Alabama increased its stake in shares of Federal Realty Investment Trust by 84.7% during the 4th quarter. Retirement Systems of Alabama now owns 51,238 shares of the real estate investment trust’s stock valued at $4,361,000 after acquiring an additional 23,496 shares during the last quarter. Finally, IFM Investors Pty Ltd increased its stake in shares of Federal Realty Investment Trust by 18.3% during the 3rd quarter. IFM Investors Pty Ltd now owns 6,338 shares of the real estate investment trust’s stock valued at $465,000 after acquiring an additional 982 shares during the last quarter. 86.54% of the stock is owned by institutional investors.

A number of analysts have recently issued reports on the company. Bank of America boosted their target price on Federal Realty Investment Trust from $85.00 to $101.00 and gave the stock a “neutral” rating in a report on Monday, November 16th. Scotiabank cut Federal Realty Investment Trust from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the stock from $95.00 to $91.00 in a report on Thursday, January 28th. Mizuho cut Federal Realty Investment Trust from a “buy” rating to a “neutral” rating in a report on Monday, October 19th. Wells Fargo & Company cut Federal Realty Investment Trust from an “overweight” rating to an “equal weight” rating and set a $95.00 target price for the company. in a report on Thursday, December 10th. Finally, Stifel Nicolaus cut Federal Realty Investment Trust from a “buy” rating to a “hold” rating and boosted their target price for the stock from $89.00 to $95.00 in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $90.82.

Shares of FRT opened at $97.99 on Friday. The business’s 50 day moving average is $87.14 and its two-hundred day moving average is $82.33. Federal Realty Investment Trust has a 52-week low of $64.11 and a 52-week high of $129.19. The firm has a market cap of $7.41 billion, a price-to-earnings ratio of 42.24, a PEG ratio of 1.85 and a beta of 1.07. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 2.01.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Thursday, February 11th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.06. Federal Realty Investment Trust had a return on equity of 7.72% and a net margin of 21.56%. During the same period last year, the business posted $1.92 EPS. On average, equities analysts expect that Federal Realty Investment Trust will post 4.55 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 15th. Shareholders of record on Tuesday, March 16th will be given a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.33%. Federal Realty Investment Trust’s payout ratio is 66.98%.

About Federal Realty Investment Trust

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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