Trust Co. of Vermont Has $146,000 Position in Federal Realty Investment Trust (NYSE:FRT)

Trust Co. of Vermont trimmed its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 60.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,300 shares of the real estate investment trust’s stock after selling 2,000 shares during the quarter. Trust Co. of Vermont’s holdings in Federal Realty Investment Trust were worth $146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in FRT. Janus Henderson Group PLC lifted its stake in Federal Realty Investment Trust by 1,463.8% in the third quarter. Janus Henderson Group PLC now owns 611,086 shares of the real estate investment trust’s stock valued at $70,251,000 after buying an additional 572,008 shares during the period. FMR LLC lifted its position in shares of Federal Realty Investment Trust by 667.2% during the 3rd quarter. FMR LLC now owns 572,809 shares of the real estate investment trust’s stock valued at $65,856,000 after acquiring an additional 498,146 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Federal Realty Investment Trust by 456.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 604,890 shares of the real estate investment trust’s stock worth $69,544,000 after acquiring an additional 496,129 shares in the last quarter. Millennium Management LLC grew its holdings in Federal Realty Investment Trust by 304.0% in the second quarter. Millennium Management LLC now owns 415,603 shares of the real estate investment trust’s stock worth $41,963,000 after purchasing an additional 312,726 shares during the period. Finally, Wellington Management Group LLP bought a new stake in Federal Realty Investment Trust in the third quarter valued at $26,548,000. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

Shares of Federal Realty Investment Trust stock opened at $105.41 on Monday. The stock’s fifty day moving average is $111.54 and its 200 day moving average is $111.94. Federal Realty Investment Trust has a one year low of $95.97 and a one year high of $118.34. 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 stock has a market cap of $8.74 billion, a P/E ratio of 30.64, a P/E/G ratio of 1.83 and a beta of 1.25.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd were given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend was Thursday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is presently 127.91%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Scotiabank boosted their price objective on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Finally, StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.92.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.