Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in Federal Realty Investment Trust (NYSE:FRTFree Report) by 6.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 122,375 shares of the real estate investment trust’s stock after purchasing an additional 7,424 shares during the period. Janney Montgomery Scott LLC owned approximately 0.15% of Federal Realty Investment Trust worth $12,497,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Heitman Real Estate Securities LLC grew its holdings in Federal Realty Investment Trust by 1,553.3% in the 4th quarter. Heitman Real Estate Securities LLC now owns 207,700 shares of the real estate investment trust’s stock worth $21,403,000 after buying an additional 195,137 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Federal Realty Investment Trust by 53.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,355,907 shares of the real estate investment trust’s stock valued at $139,726,000 after purchasing an additional 469,425 shares during the period. Mizuho Markets Americas LLC raised its stake in shares of Federal Realty Investment Trust by 66.0% during the fourth quarter. Mizuho Markets Americas LLC now owns 51,610 shares of the real estate investment trust’s stock valued at $5,318,000 after purchasing an additional 20,519 shares in the last quarter. Strs Ohio lifted its holdings in Federal Realty Investment Trust by 32.7% in the fourth quarter. Strs Ohio now owns 136,781 shares of the real estate investment trust’s stock worth $14,095,000 after purchasing an additional 33,700 shares during the period. Finally, Point72 Europe London LLP bought a new position in Federal Realty Investment Trust in the 4th quarter valued at about $1,842,000. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

NYSE FRT opened at $100.80 on Monday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.59. Federal Realty Investment Trust has a 1 year low of $85.59 and a 1 year high of $107.61. The company has a market cap of $8.36 billion, a PE ratio of 35.87, a PEG ratio of 2.01 and a beta of 1.23. The stock’s 50-day moving average price is $101.12 and its two-hundred day moving average price is $101.18.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 21st will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, June 21st. This represents a $4.36 dividend on an annualized basis and a dividend yield of 4.33%. Federal Realty Investment Trust’s dividend payout ratio is currently 155.16%.

Wall Street Analyst Weigh In

FRT has been the subject of a number of research analyst reports. Bank of America upped their price target on shares of Federal Realty Investment Trust from $118.00 to $124.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Scotiabank increased their price target on Federal Realty Investment Trust from $109.00 to $112.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 16th. Mizuho boosted their price objective on Federal Realty Investment Trust from $101.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, May 23rd. Evercore ISI decreased their target price on Federal Realty Investment Trust from $115.00 to $114.00 and set an “outperform” rating for the company in a research note on Friday, May 3rd. Finally, Wells Fargo & Company boosted their price target on shares of Federal Realty Investment Trust from $112.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 28th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.00.

Read Our Latest Report on Federal Realty Investment Trust

Federal Realty Investment Trust Company Profile

(Free Report)

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 communities where retail demand exceeds supply.

See Also

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

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