2 days Ago By ABMN Staff
Federal Realty Investment Trust ( NYSE:FRT – Get Free Report ) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 2,480,000 shares, a drop of 5.7% from the November 30th total of 2,630,000 shares.
Based on an average daily trading volume, of 619,500 shares, the short-interest ratio is presently 4.0 days. Institutional Inflows and Outflows A number of large investors have recently modified their holdings of FRT.
NBC Securities Inc. increased its holdings in Federal Realty Investment Trust by 81.7% in the 3rd quarter.
NBC Securities Inc. now owns 238 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 107 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Federal Realty Investment Trust during the 3rd quarter valued at about $36,000.
Rothschild Investment LLC bought a new stake in Federal Realty Investment Trust in the second quarter valued at about $42,000. Eastern Bank bought a new stake in Federal Realty Investment Trust in the third quarter valued at about $52,000. Finally, Whittier Trust Co.
of Nevada Inc. raised its position in Federal Realty Investment Trust by 2,475.0% in the third quarter.
Whittier Trust Co. of Nevada Inc. now owns 618 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 594 shares in the last quarter.
93.86% of the stock is currently owned by institutional investors and hedge funds. Federal Realty Investment Trust Stock Up 0.
9 % FRT stock opened at $111.95 on Thursday. Federal Realty Investment Trust has a twelve month low of $95.
97 and a twelve month high of $118.34. The company has a quick ratio of 1.
56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48.
The company has a market cap of $9.29 billion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 2.
14 and a beta of 1.24. The business’s 50-day simple moving average is $113.
37 and its 200 day simple moving average is $111.47. Federal Realty Investment Trust Announces Dividend Analyst Ratings Changes Several analysts have recently issued reports on the company.
StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Tuesday. Citigroup raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and upped their target price for the stock from $120.
00 to $135.00 in a research report on Friday, September 13th. JPMorgan Chase & Co.
raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $122.00 to $125.00 in a research report on Friday, December 20th.
Scotiabank upped their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th.
Finally, Evercore ISI lifted their target price on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, September 16th.
Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.62.
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 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.
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