Mizuho Securities Initiates Coverage on Federal Realty Investment Trust to Neutral

Mizuho Securities Initiates Coverage on Federal Realty Investment Trust(NYSE:FRT). The shares have been rated Neutral. The rating by Mizuho Securities was issued on Apr 13, 2016.

In a different note, On Apr 1, 2016, Citigroup said it Maintains its rating on Federal Realty Investment Trust. In the research note, the firm Raises the price-target to $150.00 per share. The shares have been rated ‘Neutral’ by the firm. DA Davidson said it Initiates Coverage on Federal Realty Investment Trust, according to a research note issued on Apr 1, 2016. The shares have been rated ‘Neutral’ by the firm. On Mar 16, 2016, Credit Suisse said it Assumes its rating on Federal Realty Investment Trust. The shares have been rated ‘Outperform’ by the firm. On Feb 29, 2016, Jefferies said it Maintains its rating on Federal Realty Investment Trust. In the research note, the firm Raises the price-target to $144.00 per share. The shares have been rated ‘Hold’ by the firm. On Feb 22, 2016, Deutsche Bank said it Maintains its rating on Federal Realty Investment Trust. In the research note, the firm Lowers the price-target to $145.00 per share. The shares have been rated ‘Hold’ by the firm. On Jan 25, 2016, Evercore ISI Group said it Downgrades its rating on Federal Realty Investment Trust. The shares have been rated ‘Hold’ by the firm.

Federal Realty Investment Trust (FRT) made into the market gainers list on Fridays trading session with the shares advancing 0.80% or 1.23 points. Due to strong positive momentum, the stock ended at $155.48, which is also near the day’s high of $155.78. The stock began the session at $154.01 and the volume stood at 3,29,501 shares. The 52-week high of the shares is $159.79 and the 52 week low is $124.87. The company has a current market capitalization of $10,832 M and it has 6,96,69,864 shares in outstanding.

Federal Realty Investment Trust(FRT) last announced its earnings results on Feb 9, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $192.51M. Analysts had an estimated revenue of $188.10M. Earnings per share were $1.37. Analysts had estimated an EPS of $1.38.

Several Insider Transactions has been reported to the SEC. On Feb 17, 2016, Donald C Wood (Trustee, President and CEO) sold 20,860 shares at $147.15 per share price.Also, On Mar 16, 2015, Dawn M Becker (EVP-COO, General Counsel & Sec) sold 8,203 shares at $141.15 per share price.

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company is engaged in the ownership management and redevelopment of retail and mixed-use properties. As of December 31 2014 the Company owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties which are operated as 89 retail real estate projects comprising approximately 20.2 million square feet. These properties are located primarily in the Northeast and Mid-Atlantic regions of the United States as well as in California. As of December 31 2014 the Company owned six retail real estate projects totaling approximately 0.8 million square feet through a joint venture in which it owns a 30% interest. As of December 31 2014 the Company’s real estate projects were 95.6% leased and 94.7% occupied.

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