2 weeks Ago By Defense World Staff
Federal Realty Investment Trust ( NYSE:FRT – Get Free Report ) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 2,060,000 shares, an increase of 22.6% from the August 31st total of 1,680,000 shares.
Based on an average trading volume of 655,200 shares, the short-interest ratio is presently 3.1 days. Federal Realty Investment Trust Stock Performance FRT traded up $0.
59 during trading on Monday, reaching $114.97. The company’s stock had a trading volume of 719,326 shares, compared to its average volume of 628,687.
The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.74 and a current ratio of 1.
74. The company’s fifty day moving average price is $113.61 and its 200-day moving average price is $105.
67. Federal Realty Investment Trust has a 52-week low of $85.59 and a 52-week high of $118.
34. The company has a market capitalization of $9.54 billion, a price-to-earnings ratio of 40.
91, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24.
Federal Realty Investment Trust ( NYSE:FRT – Get Free Report ) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.
68 by ($0.36). The business had revenue of $295.
80 million during the quarter, compared to analyst estimates of $293.61 million. Federal Realty Investment Trust had a net margin of 24.
69% and a return on equity of 10.07%. Federal Realty Investment Trust’s revenue was up 5.
5% on a year-over-year basis. During the same period in the previous year, the company posted $1.67 earnings per share.
On average, equities analysts forecast that Federal Realty Investment Trust will post 6.81 earnings per share for the current fiscal year. Federal Realty Investment Trust Increases Dividend Insider Activity In other Federal Realty Investment Trust news, CEO Donald C.
Wood sold 5,937 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $116.47, for a total transaction of $691,482.
39. The sale was disclosed in a filing with the SEC, which is available at the SEC website . 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 shares were sold at an average price of $116.47, for a total transaction of $691,482.
39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CEO Donald C.
Wood sold 30,292 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $116.17, for a total transaction of $3,519,021.
64. Following the completion of the sale, the chief executive officer now owns 6,637 shares in the company, valued at $771,020.29.
The disclosure for this sale can be found here . Insiders own 1.00% of the company’s stock.
Hedge Funds Weigh In On Federal Realty Investment Trust Institutional investors have recently made changes to their positions in the stock. Family Firm Inc. purchased a new stake in Federal Realty Investment Trust during the 2nd quarter worth about $33,000.
Blue Trust Inc. raised its position in shares of Federal Realty Investment Trust by 885.7% in the second quarter.
Blue Trust Inc. now owns 345 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 310 shares during the last quarter. Rothschild Investment LLC acquired a new position in shares of Federal Realty Investment Trust in the second quarter valued at approximately $42,000.
Quarry LP purchased a new stake in Federal Realty Investment Trust in the 4th quarter worth approximately $50,000. Finally, Richardson Financial Services Inc. purchased a new stake in Federal Realty Investment Trust in the 4th quarter worth approximately $51,000.
93.86% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Several equities research analysts have recently weighed in on the company.
Piper Sandler raised their target price on Federal Realty Investment Trust from $122.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd.
JPMorgan Chase & Co. boosted their price objective on shares of Federal Realty Investment Trust from $112.00 to $121.
00 and gave the stock a “neutral” rating in a research report on Thursday, August 8th. Wells Fargo & Company lifted their price target on shares of Federal Realty Investment Trust from $115.00 to $122.
00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Mizuho upped their price objective on shares of Federal Realty Investment Trust from $104.00 to $116.
00 and gave the company a “neutral” rating in a research note on Monday, August 19th. Finally, Truist Financial lifted their target price on Federal Realty Investment Trust from $115.00 to $121.
00 and gave the stock a “buy” rating in a research report on Wednesday, August 28th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and an average target price of $122.85. View Our Latest Stock Report on Federal Realty Investment Trust About Federal Realty Investment Trust ( Get Free Report ) 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. See Also Five stocks we like better than Federal Realty Investment Trust 2 Fintech Stocks to Buy Now and 1 to Avoid TJX Stock: A Buying Opportunity Before the Holiday Rush Best Aerospace Stocks Investing Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What are earnings reports? Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter .
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