What Can We Expect From The Federal Realty (NYSE:FRT) Upgrade By UBS? The Target Price is Set to $141.0

February 15, 2018 - By Henry Gaston

  What Can We Expect From The Federal Realty (NYSE:FRT) Upgrade By UBS? The Target Price is Set to $141.0

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.37, from 0.89 in 2017Q2. It is positive, as 19 investors sold Federal Realty Investment Trust shares while 101 reduced holdings. 41 funds opened positions while 110 raised stakes. 67.06 million shares or 0.20% more from 66.93 million shares in 2017Q2 were reported.

Sumitomo Mitsui Asset Management Limited holds 70,055 shares or 0.14% of its portfolio. Evercore Wealth Management Limited Co holds 0% or 200 shares in its portfolio. Oakbrook Invests Limited Liability owns 3,169 shares or 0.03% of their US portfolio. Utah Retirement Systems invested in 15,565 shares. Conning stated it has 0.01% in Federal Realty Investment Trust (NYSE:FRT). Prudential Fincl reported 0.11% in Federal Realty Investment Trust (NYSE:FRT). The Michigan-based State Treasurer State Of Michigan has invested 0.02% in Federal Realty Investment Trust (NYSE:FRT). United Services Automobile Association holds 22,638 shares. Victory Mgmt stated it has 1,193 shares. National Bank Of Mellon Corp holds 0.04% or 1.15M shares. Korea Inv Corporation invested in 63 shares or 0% of the stock. Silvercrest Asset Management Gp Ltd Limited Liability Company stated it has 2,000 shares. Alps Advsrs has invested 0% in Federal Realty Investment Trust (NYSE:FRT). Cornerstone Cap Mngmt Hldgs Limited Liability Corporation holds 0.05% or 47,422 shares in its portfolio. Kempen Cap Mgmt Nv has 21,001 shares.

Since September 7, 2017, it had 0 buys, and 2 sales for $4.07 million activity. BECKER DAWN M had sold 21,814 shares worth $2.86M on Thursday, September 7.

Federal Realty (NYSE:FRT) Stock Upgrade

The equities rating of Federal Realty (NYSE:FRT) shares was upgraded by investment analysts at UBS to a respectable Buy rating in analysts report revealed to investors on 9 November. The firm UBS has a $141.0 TP on the stock. UBS’s TP suggests a possible upside of 25.83 %.

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.37, from 0.89 in 2017Q2. It is positive, as 19 investors sold Federal Realty Investment Trust shares while 101 reduced holdings. 41 funds opened positions while 110 raised stakes. 67.06 million shares or 0.20% more from 66.93 million shares in 2017Q2 were reported.

Sumitomo Mitsui Asset Management Limited holds 70,055 shares or 0.14% of its portfolio. Evercore Wealth Management Limited Co holds 0% or 200 shares in its portfolio. Oakbrook Invests Limited Liability owns 3,169 shares or 0.03% of their US portfolio. Utah Retirement Systems invested in 15,565 shares. Conning stated it has 0.01% in Federal Realty Investment Trust (NYSE:FRT). Prudential Fincl reported 0.11% in Federal Realty Investment Trust (NYSE:FRT). The Michigan-based State Treasurer State Of Michigan has invested 0.02% in Federal Realty Investment Trust (NYSE:FRT). United Services Automobile Association holds 22,638 shares. Victory Mgmt stated it has 1,193 shares. National Bank Of Mellon Corp holds 0.04% or 1.15M shares. Korea Inv Corporation invested in 63 shares or 0% of the stock. Silvercrest Asset Management Gp Ltd Limited Liability Company stated it has 2,000 shares. Alps Advsrs has invested 0% in Federal Realty Investment Trust (NYSE:FRT). Cornerstone Cap Mngmt Hldgs Limited Liability Corporation holds 0.05% or 47,422 shares in its portfolio. Kempen Cap Mgmt Nv has 21,001 shares.

Since September 7, 2017, it had 0 buys, and 2 sales for $4.07 million activity. BECKER DAWN M had sold 21,814 shares worth $2.86M on Thursday, September 7.

Federal Realty Investment Trust (NYSE:FRT) Ratings Coverage

Among 18 analysts covering Federal Realty Investment Trust (NYSE:FRT), 11 have Buy rating, 2 Sell and 5 Hold. Therefore 61% are positive. Federal Realty Investment Trust has $176 highest and $130.0 lowest target. $147.64’s average target is 31.75% above currents $112.06 stock price. Federal Realty Investment Trust had 48 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained Federal Realty Investment Trust (NYSE:FRT) rating on Thursday, August 11. Citigroup has “Neutral” rating and $160 target. The firm has “Hold” rating given on Monday, October 12 by Sandler O’Neill. As per Thursday, August 6, the company rating was upgraded by RBC Capital Markets. RBC Capital Markets downgraded the stock to “Underperform” rating in Friday, May 6 report. The stock of Federal Realty Investment Trust (NYSE:FRT) has “Buy” rating given on Friday, April 28 by Seaport Global. The company was maintained on Friday, December 1 by Stifel Nicolaus. The firm has “Neutral” rating given on Monday, October 3 by Boenning & Scattergood. Jefferies maintained the shares of FRT in report on Monday, June 19 with “Hold” rating. As per Monday, September 11, the company rating was initiated by BMO Capital Markets. Jefferies maintained the stock with “Hold” rating in Monday, August 28 report.

The stock increased 1.12% or $1.24 during the last trading session, reaching $112.06. About 344,405 shares traded. Federal Realty Investment Trust (NYSE:FRT) has declined 16.62% since February 15, 2017 and is downtrending. It has underperformed by 33.32% the S&P500.

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 $8.22 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 28.23 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 notable recent Federal Realty Investment Trust (NYSE:FRT) news were published by: Seekingalpha.com which released: “Federal Realty Investment Trust’s (FRT) CEO Don Wood on Q4 2017 Results …” on February 14, 2018, also Prnewswire.com with their article: “Federal Realty Investment Trust Releases Tax Status of 2017 Distributions” published on January 19, 2018, Nasdaq.com published: “Federal Realty Investment Trust is Oversold” on January 18, 2018. More interesting news about Federal Realty Investment Trust (NYSE:FRT) were released by: Prnewswire.com and their article: “Federal Realty Investment Trust Announces Operating Results for the Year and …” published on February 13, 2018 as well as Seekingalpha.com‘s news article titled: “It’s Finally Time To Buy This Dividend King” with publication date: January 25, 2018.

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