Vest Financial LLC Boosts Stake in Federal Realty Investment Trust (NYSE:FRT)

Vest Financial LLC increased its position in Federal Realty Investment Trust (NYSE:FRT) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 498,244 shares of the real estate investment trust’s stock after purchasing an additional 43,917 shares during the quarter. Federal Realty Investment Trust makes up about 1.0% of Vest Financial LLC’s investment portfolio, making the stock its 27th largest holding. Vest Financial LLC’s holdings in Federal Realty Investment Trust were worth $55,778,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FRT. JPMorgan Chase & Co. raised its holdings in Federal Realty Investment Trust by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust’s stock worth $561,743,000 after purchasing an additional 168,885 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Federal Realty Investment Trust by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock worth $224,565,000 after acquiring an additional 7,160 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Federal Realty Investment Trust by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,247,915 shares of the real estate investment trust’s stock valued at $143,473,000 after acquiring an additional 42,209 shares during the period. Janus Henderson Group PLC lifted its position in Federal Realty Investment Trust by 1,463.8% during the 3rd quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after acquiring an additional 572,008 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Federal Realty Investment Trust by 456.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust’s stock worth $69,544,000 after acquiring an additional 496,129 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Scotiabank lifted their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Wells Fargo & Company dropped their price target on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. StockNews.com lowered shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.17.

Federal Realty Investment Trust Trading Up 0.3 %

Shares of FRT stock opened at $111.01 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The stock has a market capitalization of $9.21 billion, a P/E ratio of 32.27, a P/E/G ratio of 2.00 and a beta of 1.24. The firm’s 50 day moving average is $109.60 and its 200 day moving average is $112.10.

Federal Realty Investment Trust 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.