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Investment analysts at Keefe, Bruyette & Woods increased their price target on shares of Federated Investors (NYSE:FII) from $29.00 to $30.00 in a note issued to investors on Monday, American Banking News reports. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 8.97% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Argus initiated coverage on shares of Federated Investors in a research note to investors on Friday, January 3rd. They set a “buy” rating and a $33.00 price target on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Federated Investors in a research note to investors on Thursday, December 19th. They now have a $29.00 price target on the stock. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. Federated Investors currently has a consensus rating of “Hold” and an average price target of $25.83.

Federated Investors (NYSE:FII) traded down 0.02% during mid-day trading on Monday, hitting $27.525. The stock had a trading volume of 149,721 shares. Federated Investors has a 52 week low of $21.92 and a 52 week high of $30.87. The stock’s 50-day moving average is $28.12 and its 200-day moving average is $28.03. The company has a market cap of $2.771 billion and a price-to-earnings ratio of 17.03.

Federated Investors (NYSE:FII) last released its earnings data on Wednesday, January 22nd. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. The company had revenue of $214.70 million for the quarter, compared to the consensus estimate of $214.57 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was down 12.3% on a year-over-year basis. On average, analysts predict that Federated Investors will post $1.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, February 14th. Stockholders of record on Friday, February 7th will be paid a dividend of 0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.63%. The ex-dividend date is Wednesday, February 5th.

Federated Investors, Inc(NYSE:FII)is a provider of investment management products and related financial services.

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