Weiss Ratings Reiterates Hold (C) Rating for Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust (NYSE:FRT)‘s stock had its “hold (c)” rating reissued by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also recently commented on the stock. Evercore ISI started coverage on shares of Federal Realty Investment Trust in a report on Tuesday. They issued an “in-line” rating and a $105.00 price target for the company. UBS Group dropped their price objective on shares of Federal Realty Investment Trust from $118.00 to $103.00 and set a “neutral” rating on the stock in a research note on Monday, June 16th. Wells Fargo & Company raised their price objective on shares of Federal Realty Investment Trust from $113.00 to $116.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. JPMorgan Chase & Co. raised their price objective on shares of Federal Realty Investment Trust from $108.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, August 27th. Finally, Barclays raised their price objective on shares of Federal Realty Investment Trust from $105.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.36.

Federal Realty Investment Trust Price Performance

FRT stock opened at $97.65 on Wednesday. The company has a fifty day moving average price of $97.87 and a 200-day moving average price of $95.70. The company has a market capitalization of $8.42 billion, a P/E ratio of 24.72, a PEG ratio of 3.73 and a beta of 1.15. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $118.09. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.14 and a current ratio of 2.14.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, August 6th. The real estate investment trust reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.18. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.19%. The firm had revenue of $302.48 million during the quarter, compared to the consensus estimate of $309.25 million. During the same quarter last year, the firm earned $1.69 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Institutional Trading of Federal Realty Investment Trust

Several hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its stake in shares of Federal Realty Investment Trust by 18.8% in the second quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 109 shares in the last quarter. Exchange Traded Concepts LLC increased its stake in shares of Federal Realty Investment Trust by 18.2% in the first quarter. Exchange Traded Concepts LLC now owns 845 shares of the real estate investment trust’s stock worth $83,000 after purchasing an additional 130 shares in the last quarter. Amalgamated Bank increased its stake in shares of Federal Realty Investment Trust by 1.0% in the first quarter. Amalgamated Bank now owns 15,284 shares of the real estate investment trust’s stock worth $1,495,000 after purchasing an additional 146 shares in the last quarter. Quadrant Capital Group LLC increased its stake in shares of Federal Realty Investment Trust by 5.3% in the second quarter. Quadrant Capital Group LLC now owns 2,877 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 146 shares in the last quarter. Finally, KBC Group NV increased its stake in shares of Federal Realty Investment Trust by 5.6% in the first quarter. KBC Group NV now owns 2,844 shares of the real estate investment trust’s stock worth $278,000 after purchasing an additional 151 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.