Shares of Federated Investors, Inc. (NYSE:FII) have earned an average rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and six have assigned a hold recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $22.40.

Several brokerages have issued reports on FII. BidaskClub upgraded Federated Investors from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. Citigroup Inc. lowered Federated Investors from a “neutral” rating to a “sell” rating and lowered their target price for the company from $26.00 to $24.00 in a research note on Monday, June 5th. Keefe, Bruyette & Woods restated a “sell” rating and issued a $26.00 target price on shares of Federated Investors in a research note on Thursday, June 1st. Zacks Investment Research upgraded Federated Investors from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Tuesday, April 25th. Finally, ValuEngine lowered Federated Investors from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd.

Federated Investors (NYSE FII) traded up 0.58% during trading on Friday, hitting $27.74. 96,157 shares of the company were exchanged. The company has a 50-day moving average of $26.42 and a 200-day moving average of $26.88. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 13.33 and a beta of 1.44. Federated Investors has a 12 month low of $24.52 and a 12 month high of $33.13.

Federated Investors (NYSE:FII) last issued its earnings results on Thursday, April 27th. The asset manager reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.02. The firm had revenue of $273.50 million for the quarter, compared to analyst estimates of $290.19 million. Federated Investors had a return on equity of 33.32% and a net margin of 18.62%. The business’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. Analysts forecast that Federated Investors will post $2.00 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in Federated Investors during the fourth quarter valued at approximately $783,000. Dimensional Fund Advisors LP boosted its position in Federated Investors by 13.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,075,356 shares of the asset manager’s stock valued at $58,690,000 after buying an additional 252,406 shares during the last quarter. FMR LLC boosted its position in Federated Investors by 1.6% in the fourth quarter. FMR LLC now owns 8,761,777 shares of the asset manager’s stock valued at $247,783,000 after buying an additional 140,613 shares during the last quarter. New York State Teachers Retirement System boosted its position in Federated Investors by 6.0% in the fourth quarter. New York State Teachers Retirement System now owns 157,849 shares of the asset manager’s stock valued at $4,464,000 after buying an additional 9,000 shares during the last quarter. Finally, Flinton Capital Management LLC acquired a new position in Federated Investors during the fourth quarter valued at approximately $125,000. Institutional investors and hedge funds own 85.78% of the company’s stock.

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About Federated Investors

Federated Investors, Inc (Federated) is a provider of investment management products and related financial services. Federated operates through investment management business segment. It is engaged in sponsoring, marketing and providing investment-related services to various investment products, including mutual funds and Separate Accounts, which include separately managed accounts, institutional accounts, sub-advised funds and other managed products.

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