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Equities researchers at Keefe, Bruyette & Woods decreased their target price on shares of Federated Investors (NYSE:FII) from $30.00 to $28.00 in a research report issued on Monday. Keefe, Bruyette & Woods’ price objective would suggest a potential downside of 2.68% from the stock’s previous close.

A number of other analysts have also recently weighed in on FII. Analysts at JPMorgan Chase & Co. raised their price target on shares of Federated Investors from $25.00 to $26.50 in a research note on Tuesday, July 1st. They now have an “underweight” rating on the stock. 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. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $27.85.

Shares of Federated Investors (NYSE:FII) traded down 0.59% during mid-day trading on Monday, hitting $28.60. The stock had a trading volume of 165,643 shares. Federated Investors has a 52-week low of $25.50 and a 52-week high of $31.48. The stock’s 50-day moving average is $30.12 and its 200-day moving average is $28.76. The company has a market cap of $2.883 billion and a price-to-earnings ratio of 19.98.

Federated Investors (NYSE:FII) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.35 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.36 by $0.01. The company had revenue of $213.00 million for the quarter, compared to the consensus estimate of $213.13 million. During the same quarter last year, the company posted $0.39 earnings per share. Federated Investors’s revenue was down 4.8% compared to the same quarter last year. Analysts expect that Federated Investors will post $1.47 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 15th. Investors of record on Friday, August 8th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.48%.

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

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