Share on StockTwits

Shares of Federated Investors (NYSE:FII) have received an average rating of “Hold” from the thirteen brokerages that are presently covering the stock, StockRatingsNetwork reports. Five analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $27.31.

Shares of Federated Investors (NYSE:FII) opened at 29.15 on Friday. Federated Investors has a 1-year low of $25.50 and a 1-year high of $31.48. The stock has a 50-day moving average of $28.47 and a 200-day moving average of $28.18. The company has a market cap of $2.936 billion and a P/E ratio of 19.76.

Federated Investors (NYSE:FII) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.37 by $0.03. The company had revenue of $211.50 million for the quarter, compared to the consensus estimate of $218.15 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. The company’s quarterly revenue was down 7.2% on a year-over-year basis. On average, analysts predict that Federated Investors will post $1.51 earnings per share for the current fiscal year.

FII has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Federated Investors from a “neutral” rating to an “underperform” rating in a research note on Tuesday, June 3rd. They now have a $26.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Federated Investors from $32.00 to $28.00 in a research note on Monday, April 28th. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Federated Investors from $26.50 to $25.00 in a research note on Monday, April 28th. They now have an “underweight” rating on the stock.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.