Live Ownership Coverage: 2016 Q2 Sentiment Federal Realty Investment Trust (NYSE:FRT)

November 29, 2016 - By Vivian Park   ·   0 Comments

Live Ownership Coverage:  2016 Q2 Sentiment Federal Realty Investment Trust (NYSE:FRT)

Sentiment for Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust (NYSE:FRT) institutional sentiment decreased to 1.16 in Q2 2016. Its down -0.17, from 1.33 in 2016Q1. The ratio dived, as 175 institutional investors increased or started new stock positions, while 132 sold and trimmed stock positions in Federal Realty Investment Trust. The institutional investors in our partner’s database now possess: 64.05 million shares, down from 66.71 million shares in 2016Q1. Also, the number of institutional investors holding Federal Realty Investment Trust in their top 10 stock positions decreased from 7 to 5 for a decrease of 2. Sold All: 22 Reduced: 110 Increased: 141 New Position: 34.

Federal Realty Investment Trust is an equity real estate investment trust engaged in the ownership, management, and redevelopment of retail and mixed-use properties. The company has a market cap of $10.18 billion. The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California. It has a 47.82 P/E ratio. The Firm owns approximately six retail real estate properties through a joint venture.

About 165,205 shares traded hands. Federal Realty Investment Trust (NYSE:FRT) has declined 8.01% since April 26, 2016 and is downtrending. It has underperformed by 13.27% the S&P500.

Analysts await Federal Realty Investment Trust (NYSE:FRT) to report earnings on February, 14. They expect $1.44 EPS, up 5.11% or $0.07 from last year’s $1.37 per share. FRT’s profit will be $103.49M for 24.59 P/E if the $1.44 EPS becomes a reality. After $1.41 actual EPS reported by Federal Realty Investment Trust for the previous quarter, Wall Street now forecasts 2.13% EPS growth.

According to Zacks Investment Research, “Federal Realty Investment Trust is an owner, operator & redeveloper of retail properties. The Trust’s strategy is to acquire older, well-located properties in prime, densely populated & affluent areas & to enhance their operating performance through a program of renovation, expansion, reconfiguration & retenanting. The Trust’s traditional focus has been on community & neighborhood shopping centers that are anchored by supermarkets, drug stores or high volume, value oriented retailers that provide consumer necessities.”

Green Street Investors Llc holds 5.81% of its portfolio in Federal Realty Investment Trust for 43,000 shares. Grs Advisors Llc owns 100,000 shares or 4.62% of their US portfolio. Moreover, Presima Inc. has 4.01% invested in the company for 153,600 shares. The Australia-based Resolution Capital Ltd has invested 3.93% in the stock. Heitman Real Estate Securities Llc, a Illinois-based fund reported 421,663 shares.#img1#

Federal Realty Investment Trust (NYSE:FRT) Ratings Coverage

Ratings analysis reveals 15% of Federal Realty Investment Trust’s analysts are positive. Out of 13 Wall Street analysts rating Federal Realty Investment Trust, 2 give it “Buy”, 1 “Sell” rating, while 10 recommend “Hold”. The lowest target is $140 while the high is $176. The stock’s average target of $159.57 is 12.65% above today’s ($141.65) share price. FRT was included in 27 notes of analysts from July 21, 2015. The rating was maintained by Deutsche Bank with “Hold” on Thursday, October 1. Canaccord Genuity initiated Federal Realty Investment Trust (NYSE:FRT) rating on Wednesday, July 22. Canaccord Genuity has “Buy” rating and $155 price target. The stock of Federal Realty Investment Trust (NYSE:FRT) earned “Hold” rating by Deutsche Bank on Monday, July 18. The stock of Federal Realty Investment Trust (NYSE:FRT) has “Buy” rating given on Friday, August 21 by Canaccord Genuity. The stock of Federal Realty Investment Trust (NYSE:FRT) earned “Hold” rating by Deutsche Bank on Monday, February 22. The firm has “Underperform” rating by RBC Capital Markets given on Friday, May 6. The rating was downgraded by Sandler O’Neill to “Hold” on Monday, October 12. Citigroup maintained the stock with “Neutral” rating in Friday, August 21 report. The company was initiated on Thursday, August 25 by BTIG Research. The rating was downgraded by Evercore to “Hold” on Monday, January 25.

FRT Company Profile

Federal Realty Investment Trust, incorporated on May 21, 1999, is an equity real estate investment trust (REIT) engaged in the ownership, management, and redevelopment of retail and mixed-use properties. The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California.

More notable recent Federal Realty Investment Trust (NYSE:FRT) news were published by: Prnewswire.com which released: “Federal Realty Investment Trust announces appointment of Elizabeth Holland to …” on November 14, 2016, also Forbes.com with their article: “Federal Realty Investment Trust Enters Oversold Territory” published on August 16, 2016, Prnewswire.com published: “Federal Realty Investment Trust Announces Third Quarter 2016 Operating Results” on November 02, 2016. More interesting news about Federal Realty Investment Trust (NYSE:FRT) were released by: Prnewswire.com and their article: “Federal Realty Investment Trust Welcomes Dan Guglielmone As Executive Vice …” published on July 13, 2016 as well as Nasdaq.com‘s news article titled: “Federal Realty Investment Trust Becomes Oversold” with publication date: November 03, 2016.

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By Vivian Park


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