Federated Investors Inc (FII) EVP Peter J. Germain Sells 9,654 Shares

Federated Investors Inc (NYSE:FII) EVP Peter J. Germain sold 9,654 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $36.04, for a total value of $347,930.16. Following the completion of the transaction, the executive vice president now owns 68,987 shares of the company’s stock, valued at $2,486,291.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Federated Investors Inc (FII) traded down $0.22 during trading on Wednesday, reaching $35.36. The company’s stock had a trading volume of 841,107 shares, compared to its average volume of 836,400. The company has a quick ratio of 1.89, a current ratio of 3.33 and a debt-to-equity ratio of 0.27. Federated Investors Inc has a 1 year low of $24.93 and a 1 year high of $36.67. The firm has a market capitalization of $3,640.62, a price-to-earnings ratio of 16.84, a P/E/G ratio of 3.25 and a beta of 1.56.

Federated Investors (NYSE:FII) last released its quarterly earnings data on Thursday, October 26th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.03. Federated Investors had a return on equity of 34.54% and a net margin of 19.32%. The firm had revenue of $278.32 million during the quarter, compared to analyst estimates of $278.51 million. During the same period in the prior year, the company posted $0.54 earnings per share. The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. sell-side analysts forecast that Federated Investors Inc will post 2.15 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the company. Bessemer Group Inc. acquired a new stake in shares of Federated Investors in the third quarter valued at $126,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Federated Investors by 8.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,484 shares of the asset manager’s stock valued at $127,000 after buying an additional 358 shares in the last quarter. Advisory Services Network LLC increased its stake in shares of Federated Investors by 9.4% in the second quarter. Advisory Services Network LLC now owns 5,968 shares of the asset manager’s stock valued at $169,000 after buying an additional 511 shares in the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Federated Investors in the second quarter valued at $176,000. Finally, Advisor Group Inc. increased its stake in shares of Federated Investors by 9.9% in the second quarter. Advisor Group Inc. now owns 6,300 shares of the asset manager’s stock valued at $177,000 after buying an additional 565 shares in the last quarter. Institutional investors own 85.22% of the company’s stock.

FII has been the subject of several recent analyst reports. Zacks Investment Research lowered Federated Investors from a “buy” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada set a $31.00 price objective on Federated Investors and gave the stock a “hold” rating in a research note on Friday, December 15th. ValuEngine upgraded Federated Investors from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Deutsche Bank initiated coverage on Federated Investors in a research note on Tuesday, October 17th. They set a “hold” rating and a $31.00 price objective for the company. Finally, Keefe, Bruyette & Woods reiterated a “sell” rating and set a $31.00 price objective on shares of Federated Investors in a research note on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $29.00.

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Federated Investors Company Profile

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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