Analysts at SunTrust Robinson Give Federal Realty (NYSE:FRT) an Upgrade

June 26, 2018 - By Adrian Mccoy

Federal Realty Investment Trust (NYSE:FRT) Logo

Investors sentiment increased to 1.22 in Q1 2018. Its up 0.16, from 1.06 in 2017Q4. It is positive, as 31 investors sold Federal Realty Investment Trust shares while 99 reduced holdings. 44 funds opened positions while 115 raised stakes. 66.53 million shares or 1.39% less from 67.46 million shares in 2017Q4 were reported.

Toronto Dominion National Bank reported 39,410 shares or 0.01% of all its holdings. First Citizens State Bank And holds 0.11% of its portfolio in Federal Realty Investment Trust (NYSE:FRT) for 7,189 shares. Bancorporation Of America De reported 0.01% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Panagora Asset Mgmt has 0.01% invested in Federal Realty Investment Trust (NYSE:FRT) for 27,338 shares. M&T Savings Bank reported 8,036 shares or 0.01% of all its holdings. Bartlett And Ltd invested in 450 shares or 0% of the stock. Advantus Capital Mgmt reported 140,233 shares. Global X Mgmt Ltd Liability Company reported 1,763 shares. Meeder Asset Mgmt Inc, Ohio-based fund reported 61 shares. Sandy Spring Bankshares holds 0.05% in Federal Realty Investment Trust (NYSE:FRT) or 5,199 shares. Stratos Wealth Partners stated it has 0% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Nelson Van Denburg Campbell Wealth Mngmt Group Limited Com reported 0% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Edge Wealth Mngmt Lc, New York-based fund reported 800 shares. Franklin Resource Incorporated has 23,800 shares for 0% of their portfolio. Cibc Asset holds 0.04% of its portfolio in Federal Realty Investment Trust (NYSE:FRT) for 50,374 shares.

Since March 14, 2018, it had 0 insider purchases, and 5 insider sales for $11.04 million activity.

Federal Realty (NYSE:FRT) Stock Upgrade

SunTrust Robinson upgraded shares of Federal Realty (NYSE:FRT), raising their rating to a Buy in a report issued to clients and investors on Monday morning. Trading on the $9.30 billion market cap FRT will be interesting to observe today.

Federal Realty Investment Trust (NYSE:FRT) Ratings Coverage

Among 12 analysts covering Federal Realty (NYSE:FRT), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Federal Realty has $144 highest and $12300 lowest target. $134.90’s average target is 7.29% above currents $125.73 stock price. Federal Realty had 15 analyst reports since January 9, 2018 according to SRatingsIntel. JP Morgan maintained Federal Realty Investment Trust (NYSE:FRT) rating on Monday, March 19. JP Morgan has “Overweight” rating and $136 target. The stock of Federal Realty Investment Trust (NYSE:FRT) earned “Hold” rating by SunTrust on Tuesday, April 3. The rating was maintained by Deutsche Bank on Monday, March 19 with “Hold”. The firm has “Buy” rating by Boenning & Scattergood given on Thursday, February 15. Jefferies maintained the shares of FRT in report on Tuesday, February 27 with “Hold” rating. The firm has “In-Line” rating by Evercore given on Monday, March 5. The firm earned “Buy” rating on Monday, June 25 by DA Davidson. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, February 14. The company was maintained on Tuesday, February 13 by Jefferies. The firm earned “Buy” rating on Monday, June 25 by SunTrust.

The stock increased 0.10% or $0.12 during the last trading session, reaching $125.73. About 602,155 shares traded or 45.68% up from the average. Federal Realty Investment Trust (NYSE:FRT) has declined 8.20% since June 26, 2017 and is downtrending. It has underperformed by 20.77% the S&P500.

Analysts await Federal Realty Investment Trust (NYSE:FRT) to report earnings on August, 1. They expect $1.53 EPS, up 2.68 % or $0.04 from last year’s $1.49 per share. FRT’s profit will be $113.20 million for 20.54 P/E if the $1.53 EPS becomes a reality. After $1.52 actual EPS reported by Federal Realty Investment Trust for the previous quarter, Wall Street now forecasts 0.66 % EPS growth.

Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. The company has market cap of $9.30 billion. As of June 30, 2005, it owned or had a majority interest in 103 community and neighborhood shopping centers, and retail mixed-use properties comprising approximately 17.4 million square feet located primarily in strategic metropolitan markets in the Northeast, Mid-Atlantic, and California. It has a 31.46 P/E ratio. In addition, it had 30% interest in approximately 0.5 million square feet of retail space through its joint venture with an affiliate of Clarion Lion Properties Fund, and one apartment complex in Maryland.

More recent Federal Realty Investment Trust (NYSE:FRT) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For June 25, 2018” on June 25, 2018. Also Seekingalpha.com published the news titled: “Location, Location, Location” on May 30, 2018. Seekingalpha.com‘s news article titled: “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)” with publication date: June 22, 2018 was also an interesting one.

Federal Realty Investment Trust (NYSE:FRT) Institutional Positions Chart

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