Trillium Asset Management LLC Sells 1,676 Shares of Federal Realty Investment Trust (NYSE:FRT)

Trillium Asset Management LLC cut its stake in Federal Realty Investment Trust (NYSE:FRT) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,074 shares of the real estate investment trust’s stock after selling 1,676 shares during the period. Trillium Asset Management LLC’s holdings in Federal Realty Investment Trust were worth $4,599,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth approximately $36,000. Venturi Wealth Management LLC raised its stake in Federal Realty Investment Trust by 244.9% during the fourth quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 111 shares during the last quarter. Hopwood Financial Services Inc. bought a new stake in Federal Realty Investment Trust during the fourth quarter valued at $101,000. Finally, Jackson Grant Investment Advisers Inc. boosted its position in Federal Realty Investment Trust by 11.5% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 137 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Wells Fargo & Company dropped their price objective on 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. Mizuho dropped their price target on Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 25th. JPMorgan Chase & Co. reduced their price objective on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating for the company in a research report on Friday, March 7th. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. Finally, Scotiabank reduced their price target on shares of Federal Realty Investment Trust from $126.00 to $117.00 and set a “sector outperform” rating for the company in a report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $119.77.

Federal Realty Investment Trust Trading Up 0.2 %

Shares of Federal Realty Investment Trust stock opened at $97.51 on Thursday. The company has a market capitalization of $8.35 billion, a P/E ratio of 28.43, a price-to-earnings-growth ratio of 2.20 and a beta of 1.27. The stock has a fifty day simple moving average of $104.89 and a 200 day simple moving average of $110.38. Federal Realty Investment Trust has a 12-month low of $94.58 and a 12-month high of $118.34. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The firm had revenue of $311.44 million during the quarter, compared to analyst estimates of $311.85 million. On average, sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.51%. Federal Realty Investment Trust’s dividend payout ratio is currently 128.28%.

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.