SG Americas Securities LLC Has $720,000 Position in Federal Realty Investment Trust (FRT)

SG Americas Securities LLC cut its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 70.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,226 shares of the real estate investment trust’s stock after selling 12,390 shares during the quarter. SG Americas Securities LLC’s holdings in Federal Realty Investment Trust were worth $720,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in Federal Realty Investment Trust by 12.1% during the fourth quarter. LPL Financial LLC now owns 4,452 shares of the real estate investment trust’s stock worth $526,000 after purchasing an additional 482 shares during the last quarter. Calamos Advisors LLC boosted its holdings in Federal Realty Investment Trust by 1.0% during the first quarter. Calamos Advisors LLC now owns 57,801 shares of the real estate investment trust’s stock worth $7,968,000 after purchasing an additional 579 shares during the last quarter. Cox Capital Mgt LLC boosted its holdings in Federal Realty Investment Trust by 278.4% during the fourth quarter. Cox Capital Mgt LLC now owns 10,602 shares of the real estate investment trust’s stock worth $1,343,000 after purchasing an additional 7,800 shares during the last quarter. HRT Financial LLC purchased a new position in Federal Realty Investment Trust during the fourth quarter worth about $371,000. Finally, Rhumbline Advisers boosted its holdings in Federal Realty Investment Trust by 0.8% during the fourth quarter. Rhumbline Advisers now owns 143,830 shares of the real estate investment trust’s stock worth $16,978,000 after purchasing an additional 1,146 shares during the last quarter. Institutional investors and hedge funds own 94.55% of the company’s stock.

FRT opened at $131.11 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of 20.94, a P/E/G ratio of 4.19 and a beta of 0.49. Federal Realty Investment Trust has a twelve month low of $113.68 and a twelve month high of $139.29.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Thursday, May 2nd. The real estate investment trust reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.01. Federal Realty Investment Trust had a net margin of 26.11% and a return on equity of 10.53%. The company had revenue of $232.23 million for the quarter, compared to analyst estimates of $235.09 million. During the same quarter in the previous year, the firm posted $1.52 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, research analysts anticipate that Federal Realty Investment Trust will post 6.39 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 21st will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 3.11%. The ex-dividend date is Thursday, June 20th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 65.49%.

FRT has been the topic of a number of research analyst reports. BMO Capital Markets reiterated a “buy” rating and issued a $135.00 target price on shares of Federal Realty Investment Trust in a research note on Thursday, February 14th. Deutsche Bank boosted their target price on shares of Federal Realty Investment Trust from $133.00 to $134.00 and gave the company a “hold” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, May 8th. Mizuho cut shares of Federal Realty Investment Trust from a “buy” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research note on Thursday, March 7th. Finally, Citigroup boosted their target price on shares of Federal Realty Investment Trust from $146.00 to $148.00 and gave the company a “neutral” rating in a research note on Monday, February 25th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $139.70.

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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 densely populated, affluent communities where retail demand exceeds supply.

Further Reading: Stock Split

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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