NEW YORK (

TheStreet

) --

Federal Realty Investment

(NYSE:

FRT

) hit a new 52-week high Tuesday as it is currently trading at $90.74, above its previous 52-week high of $90.58 with 368,009 shares traded as of 3:36 p.m. ET. Average volume has been 616,500 shares over the past 30 days.

Federal Realty Investment has a market cap of $5.4 billion and is part of the

financial

sector and

real estate

industry. Shares are up 14.2% year to date as of the close of trading on Monday.

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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 a P/E ratio of 43.2, above the average real estate industry P/E ratio of 42.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Federal Realty Investment as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Federal Realty Investment Ratings Report

.

See all

52-week high stocks

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