Federal Realty Investment Trust (NYSE:FRT) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp raised its stake in Federal Realty Investment Trust (NYSE:FRT) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,322 shares of the real estate investment trust’s stock after acquiring an additional 1,033 shares during the period. Stifel Financial Corp owned 0.08% of Federal Realty Investment Trust worth $7,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new stake in shares of Federal Realty Investment Trust in the 3rd quarter valued at about $1,571,000. Quantinno Capital Management LP lifted its stake in Federal Realty Investment Trust by 23.0% in the third quarter. Quantinno Capital Management LP now owns 29,826 shares of the real estate investment trust’s stock valued at $3,429,000 after buying an additional 5,575 shares during the last quarter. Quarry LP lifted its stake in Federal Realty Investment Trust by 36.4% in the third quarter. Quarry LP now owns 2,044 shares of the real estate investment trust’s stock valued at $235,000 after buying an additional 546 shares during the last quarter. Point72 DIFC Ltd boosted its holdings in shares of Federal Realty Investment Trust by 181.6% in the third quarter. Point72 DIFC Ltd now owns 20,962 shares of the real estate investment trust’s stock valued at $2,410,000 after acquiring an additional 13,518 shares during the period. Finally, Point72 Asset Management L.P. grew its position in shares of Federal Realty Investment Trust by 771.9% during the third quarter. Point72 Asset Management L.P. now owns 26,200 shares of the real estate investment trust’s stock worth $3,012,000 after acquiring an additional 23,195 shares during the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Up 1.0 %

NYSE:FRT opened at $113.48 on Friday. Federal Realty Investment Trust has a 1 year low of $95.97 and a 1 year high of $118.34. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a fifty day moving average price of $113.40 and a two-hundred day moving average price of $110.24. The stock has a market capitalization of $9.41 billion, a price-to-earnings ratio of 32.99, a PEG ratio of 2.17 and a beta of 1.24.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be issued a $1.10 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.88%. Federal Realty Investment Trust’s dividend payout ratio is presently 127.91%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Federal Realty Investment Trust from $121.00 to $122.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Scotiabank raised their price target on Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Citigroup raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $135.00 in a research note on Friday, September 13th. Compass Point lifted their target price on 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. Finally, Mizuho boosted their target price on Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a report on Monday, August 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $123.38.

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.