Federal Realty Investment Trust (FRT) Given a $133.00 Price Target by Jefferies Group Analysts

Federal Realty Investment Trust (NYSE:FRT) received a $133.00 price target from investment analysts at Jefferies Group in a research note issued to investors on Tuesday. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Jefferies Group’s price target suggests a potential upside of 20.01% from the stock’s current price.

FRT has been the topic of several other research reports. Wells Fargo & Co decreased their price target on shares of Federal Realty Investment Trust from $151.00 to $144.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 6th. They noted that the move was a valuation call. Boenning Scattergood set a $140.00 price target on shares of Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Friday, December 8th. UBS Group upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $131.00 to $141.00 in a research report on Thursday, November 9th. BMO Capital Markets restated a “buy” rating and issued a $142.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday, January 9th. Finally, Mizuho restated a “buy” rating and issued a $142.00 price target on shares of Federal Realty Investment Trust in a research report on Friday, November 3rd. One investment 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. The company currently has a consensus rating of “Buy” and a consensus price target of $139.92.

Federal Realty Investment Trust (NYSE FRT) opened at $110.82 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market cap of $7,997.57, a P/E ratio of 27.01, a price-to-earnings-growth ratio of 2.98 and a beta of 0.23. Federal Realty Investment Trust has a 12-month low of $106.41 and a 12-month high of $143.79.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.57. The firm had revenue of $223.96 million for the quarter, compared to analyst estimates of $218.68 million. Federal Realty Investment Trust had a net margin of 35.50% and a return on equity of 13.28%. During the same quarter in the previous year, the business posted $0.80 earnings per share. equities analysts forecast that Federal Realty Investment Trust will post 5.91 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Toronto Dominion Bank grew its position in Federal Realty Investment Trust by 25.8% during the 2nd quarter. Toronto Dominion Bank now owns 24,471 shares of the real estate investment trust’s stock worth $3,092,000 after purchasing an additional 5,013 shares in the last quarter. Wells Fargo & Company MN grew its position in Federal Realty Investment Trust by 10.6% during the 3rd quarter. Wells Fargo & Company MN now owns 375,930 shares of the real estate investment trust’s stock worth $46,693,000 after purchasing an additional 35,932 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in Federal Realty Investment Trust during the 4th quarter worth approximately $606,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Federal Realty Investment Trust by 6.8% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 29,882 shares of the real estate investment trust’s stock worth $3,712,000 after purchasing an additional 1,897 shares in the last quarter. Finally, PGGM Investments grew its position in Federal Realty Investment Trust by 4.8% during the 3rd quarter. PGGM Investments now owns 1,299,000 shares of the real estate investment trust’s stock worth $161,349,000 after purchasing an additional 60,000 shares in the last quarter. Hedge funds and other institutional investors own 94.47% of the company’s stock.

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Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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