StockNews.com Upgrades Federal Realty Investment Trust (NYSE:FRT) to “Hold”

Federal Realty Investment Trust (NYSE:FRT) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

A number of other brokerages also recently commented on FRT. Evercore ISI upped their target price on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Citigroup upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $120.00 to $135.00 in a report on Friday, September 13th. Compass Point lifted their target price on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, September 10th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Finally, Scotiabank lifted their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research report on Monday, November 25th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $123.62.

Federal Realty Investment Trust Trading Up 0.9 %

Shares of Federal Realty Investment Trust stock traded up $1.03 during trading on Tuesday, reaching $111.95. 544,102 shares of the stock were exchanged, compared to its average volume of 624,179. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The stock’s fifty day moving average is $113.42 and its 200 day moving average is $111.46.

Institutional Trading of Federal Realty Investment Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the company. NBC Securities Inc. raised its stake in shares of Federal Realty Investment Trust by 81.7% in the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 107 shares during the last quarter. CWM LLC increased its holdings in Federal Realty Investment Trust by 10.9% in the 3rd quarter. CWM LLC now owns 1,121 shares of the real estate investment trust’s stock worth $129,000 after buying an additional 110 shares in the last quarter. PFG Investments LLC raised its position in Federal Realty Investment Trust by 2.0% in the 2nd quarter. PFG Investments LLC now owns 6,185 shares of the real estate investment trust’s stock worth $625,000 after buying an additional 124 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Federal Realty Investment Trust by 2.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,301 shares of the real estate investment trust’s stock valued at $535,000 after acquiring an additional 143 shares during the period. Finally, M&T Bank Corp boosted its holdings in shares of Federal Realty Investment Trust by 1.5% during the 3rd quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust’s stock valued at $1,123,000 after acquiring an additional 149 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Company Profile

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.