Xponance Inc. Sells 305 Shares of Federal Realty Investment Trust (NYSE:FRT)

Xponance Inc. lowered its stake in Federal Realty Investment Trust (NYSE:FRT) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,752 shares of the real estate investment trust’s stock after selling 305 shares during the quarter. Xponance Inc.’s holdings in Federal Realty Investment Trust were worth $756,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund increased its position in Federal Realty Investment Trust by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust’s stock worth $734,000 after purchasing an additional 110 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of 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 in the last quarter. Park Avenue Securities LLC lifted its stake in shares of Federal Realty Investment Trust by 2.7% in the 4th quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock valued at $533,000 after acquiring an additional 125 shares during the last quarter. Keybank National Association OH boosted its holdings in shares of Federal Realty Investment Trust by 5.1% during the 4th quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust’s stock valued at $293,000 after acquiring an additional 128 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its position in Federal Realty Investment Trust by 11.5% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,330 shares of the real estate investment trust’s stock worth $149,000 after acquiring an additional 137 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on FRT. Truist Financial downgraded Federal Realty Investment Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $114.00 to $105.00 in a research report on Thursday, March 13th. Scotiabank dropped their price objective 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. Mizuho reduced their target price on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a report on Tuesday, February 25th. Raymond James dropped their price target on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Finally, StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $119.77.

Federal Realty Investment Trust Stock Up 3.3 %

Shares of Federal Realty Investment Trust stock opened at $98.21 on Tuesday. The stock’s 50-day moving average is $104.37 and its 200 day moving average is $109.87. Federal Realty Investment Trust has a one year low of $94.58 and a one year high of $118.34. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 28.63, a PEG ratio of 2.20 and a beta of 1.27. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The company had revenue of $311.44 million during the quarter, compared to the consensus estimate of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. Equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. The ex-dividend date is Tuesday, April 1st. This represents a $4.40 annualized dividend and a dividend yield of 4.48%. 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.