RWC Asset Management LLP lowered its holdings in shares of Federal Realty Investment Trust (NYSE:FRT – Free Report) by 3.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 178,234 shares of the real estate investment trust’s stock after selling 6,781 shares during the period. RWC Asset Management LLP’s holdings in Federal Realty Investment Trust were worth $17,966,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of FRT. Park Square Financial Group LLC bought a new position in shares of Federal Realty Investment Trust during the 4th quarter worth approximately $25,000. Turning Point Benefit Group Inc. boosted its position in Federal Realty Investment Trust by 1,853.8% during the fourth quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 241 shares during the period. True Wealth Design LLC increased its holdings in shares of Federal Realty Investment Trust by 88.7% in the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 126 shares during the last quarter. Private Trust Co. NA raised its position in shares of Federal Realty Investment Trust by 937.5% in the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of Federal Realty Investment Trust in the third quarter valued at about $35,000. Institutional investors own 93.86% of the company’s stock.
Federal Realty Investment Trust Trading Up 0.1%
Shares of FRT stock opened at $122.71 on Monday. The stock has a market cap of $10.60 billion, a P/E ratio of 21.30, a price-to-earnings-growth ratio of 2.92 and a beta of 0.94. Federal Realty Investment Trust has a 1 year low of $89.99 and a 1 year high of $123.59. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.51. The stock has a 50 day simple moving average of $113.00 and a 200 day simple moving average of $106.30.
Federal Realty Investment Trust Dividend Announcement
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. UBS Group set a $130.00 target price on shares of Federal Realty Investment Trust in a report on Monday, June 1st. Stifel Nicolaus raised their price objective on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Scotiabank boosted their price objective on Federal Realty Investment Trust from $118.00 to $128.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a research note on Friday, May 29th. Finally, Barclays boosted their price target on Federal Realty Investment Trust from $116.00 to $120.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.21.
View Our Latest Stock Report on FRT
About Federal Realty Investment Trust
Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.
Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.
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