Federal Realty Investment Trust (NYSE:FRT) Rating Lowered to “Sell” at Wall Street Zen

Federal Realty Investment Trust (NYSE:FRT) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other equities analysts have also issued reports on the company. Scotiabank raised their price objective on Federal Realty Investment Trust from $113.00 to $114.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Weiss Ratings restated a “hold (c)” rating on shares of Federal Realty Investment Trust in a research note on Wednesday, October 8th. LADENBURG THALM/SH SH raised Federal Realty Investment Trust to a “strong-buy” rating in a research report on Tuesday, September 9th. Mizuho boosted their price objective on Federal Realty Investment Trust from $96.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Finally, Evercore ISI lowered their target price on shares of Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $108.46.

Federal Realty Investment Trust Stock Up 1.5%

FRT stock opened at $97.32 on Friday. The stock has a market cap of $8.40 billion, a P/E ratio of 24.64, a PEG ratio of 3.78 and a beta of 1.14. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 1.42. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.09. The company’s 50 day moving average is $99.06 and its two-hundred day moving average is $96.50.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.01. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.19%. The business had revenue of $322.25 million during the quarter, compared to analysts’ expectations of $318.73 million. During the same quarter in the prior year, the business posted $1.71 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several institutional investors have recently bought and sold shares of the company. Hilltop National Bank acquired a new stake in shares of Federal Realty Investment Trust in the 2nd quarter worth $28,000. GKV Capital Management Co. Inc. acquired a new position in shares of Federal Realty Investment Trust during the first quarter worth about $30,000. Spire Wealth Management raised its holdings in Federal Realty Investment Trust by 365.3% during the second quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 263 shares in the last quarter. Federated Hermes Inc. lifted its position in Federal Realty Investment Trust by 143.9% in the first quarter. Federated Hermes Inc. now owns 339 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 200 shares during the period. Finally, Dagco Inc. acquired a new stake in Federal Realty Investment Trust in the first quarter valued at about $34,000. 93.86% of the stock is owned by institutional investors and hedge funds.

About Federal Realty Investment Trust

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.