Federated Investors, Inc. (NYSE:FII) EVP Peter J. Germain sold 555 shares of Federated Investors stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $31.46, for a total transaction of $17,460.30. Following the completion of the sale, the executive vice president now owns 58,641 shares of the company’s stock, valued at $1,844,845.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Federated Investors, Inc. (FII) traded up $0.31 during trading on Friday, reaching $31.55. 537,135 shares of the company’s stock traded hands, compared to its average volume of 775,886. The stock has a market capitalization of $3.21 billion, a P/E ratio of 15.14 and a beta of 1.56.

Federated Investors (NYSE:FII) last announced its quarterly earnings results on Thursday, October 26th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.03. The firm had revenue of $278.32 million for the quarter, compared to analyst estimates of $278.51 million. Federated Investors had a net margin of 19.32% and a return on equity of 34.54%. The business’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. research analysts anticipate that Federated Investors, Inc. will post 2.13 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 8th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $1.00 annualized dividend and a dividend yield of 3.17%. Federated Investors’s dividend payout ratio is presently 47.62%.

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Several large investors have recently modified their holdings of FII. Bessemer Group Inc. acquired a new stake in shares of Federated Investors in the 3rd quarter valued at $126,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Federated Investors by 8.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,484 shares of the asset manager’s stock valued at $127,000 after purchasing an additional 358 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of Federated Investors by 9.4% in the 2nd quarter. Advisory Services Network LLC now owns 5,968 shares of the asset manager’s stock valued at $169,000 after purchasing an additional 511 shares in the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Federated Investors in the 2nd quarter valued at $176,000. Finally, Advisor Group Inc. boosted its stake in shares of Federated Investors by 9.9% in the 2nd quarter. Advisor Group Inc. now owns 6,300 shares of the asset manager’s stock valued at $177,000 after purchasing an additional 565 shares in the last quarter. Institutional investors own 83.27% of the company’s stock.

A number of brokerages have recently weighed in on FII. Zacks Investment Research cut shares of Federated Investors from a “buy” rating to a “hold” rating in a research note on Monday. Citigroup Inc. boosted their price objective on shares of Federated Investors from $22.00 to $24.00 and gave the stock a “sell” rating in a research note on Tuesday. Keefe, Bruyette & Woods restated a “sell” rating and issued a $31.00 price objective on shares of Federated Investors in a research note on Wednesday. ValuEngine upgraded shares of Federated Investors from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Finally, BidaskClub cut shares of Federated Investors from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $28.75.

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.

Insider Buying and Selling by Quarter for Federated Investors (NYSE:FII)

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