Federal Realty Investment Trust (NYSE:FRT) Shares Gap Down – Time to Sell?

Federal Realty Investment Trust (NYSE:FRT)’s share price gapped down prior to trading on Monday . The stock had previously closed at $113.54, but opened at $110.70. Federal Realty Investment Trust shares last traded at $111.53, with a volume of 93,856 shares.

Analyst Upgrades and Downgrades

Several research firms recently commented on FRT. Raymond James upped their target price on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Scotiabank reduced their target price on shares of Federal Realty Investment Trust from $120.00 to $119.00 and set a “sector outperform” rating for the company in a research note on Friday, October 11th. Mizuho lifted their target price on Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a “neutral” rating in a research report on Monday, August 19th. Compass Point upped their price target on Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. Finally, Wells Fargo & Company lifted their price objective on Federal Realty Investment Trust from $115.00 to $122.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $122.85.

Federal Realty Investment Trust Price Performance

The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 32.92, a price-to-earnings-growth ratio of 2.15 and a beta of 1.24. The company has a 50-day moving average price of $113.42 and a 200-day moving average price of $108.80.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be paid a dividend of $1.10 per share. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 3.88%. Federal Realty Investment Trust’s payout ratio is 127.91%.

Insider Transactions at Federal Realty Investment Trust

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $116.47, for a total value of $691,482.39. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of institutional investors and hedge funds have recently made changes to their positions in FRT. NBC Securities Inc. grew its holdings in Federal Realty Investment Trust by 81.7% during the third quarter. NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 107 shares during the period. Family Firm Inc. acquired a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth approximately $33,000. Blue Trust Inc. lifted its holdings in Federal Realty Investment Trust by 885.7% during the 2nd quarter. Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 310 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of Federal Realty Investment Trust in the third quarter valued at about $36,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Federal Realty Investment Trust during the 2nd quarter worth about $42,000. Institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

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 communities where retail demand exceeds supply.