Analysts Anticipate Federated Investors Inc (FII) to Post $0.59 EPS

Equities research analysts expect that Federated Investors Inc (NYSE:FII) will announce earnings of $0.59 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Federated Investors’ earnings, with estimates ranging from $0.56 to $0.61. Federated Investors posted earnings of $0.52 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.5%. The firm is scheduled to report its next earnings report after the market closes on Thursday, January 25th.

On average, analysts expect that Federated Investors will report full-year earnings of $2.16 per share for the current year, with EPS estimates ranging from $2.13 to $2.18. For the next year, analysts anticipate that the firm will post earnings of $2.74 per share, with EPS estimates ranging from $2.63 to $2.85. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that follow Federated Investors.

Federated Investors (NYSE:FII) last posted its quarterly earnings results on Thursday, October 26th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.03. The business 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 firm’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.54 EPS.

FII has been the topic of several analyst reports. Zacks Investment Research lowered shares of Federated Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Royal Bank of Canada set a $31.00 price target on shares of Federated Investors and gave the stock a “hold” rating in a research report on Friday, December 15th. Argus lowered shares of Federated Investors from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. ValuEngine upgraded shares of Federated Investors from a “hold” rating to a “buy” rating in a research report on Thursday, October 26th. Finally, Deutsche Bank initiated coverage on shares of Federated Investors in a research report on Tuesday, October 17th. They set a “hold” rating and a $31.00 price target on the stock. Four research analysts have rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $30.75.

Shares of Federated Investors (NYSE FII) opened at $34.53 on Monday. The company has a current ratio of 3.33, a quick ratio of 1.89 and a debt-to-equity ratio of 0.27. The stock has a market cap of $3,484.22, a P/E ratio of 16.44, a P/E/G ratio of 1.32 and a beta of 1.56. Federated Investors has a 52-week low of $24.93 and a 52-week high of $36.67.

In related news, CFO Thomas R. Donahue sold 30,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $34.79, for a total value of $1,043,700.00. Following the completion of the transaction, the chief financial officer now owns 634,044 shares of the company’s stock, valued at approximately $22,058,390.76. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP John B. Fisher sold 6,460 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $31.49, for a total transaction of $203,425.40. Following the completion of the transaction, the vice president now directly owns 508,445 shares of the company’s stock, valued at approximately $16,010,933.05. The disclosure for this sale can be found here. In the last three months, insiders sold 47,430 shares of company stock valued at $1,636,457. 7.10% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of FII. Bessemer Group Inc. bought a new position in shares of Federated Investors during the third quarter valued at $126,000. Bremer Trust National Association bought a new position in shares of Federated Investors during the fourth quarter valued at $209,000. Advisory Services Network LLC raised its stake in shares of Federated Investors by 9.4% during the second quarter. Advisory Services Network LLC now owns 5,968 shares of the asset manager’s stock valued at $169,000 after acquiring an additional 511 shares during the last quarter. Cornerstone Capital Management Holdings LLC. bought a new position in shares of Federated Investors during the second quarter valued at $176,000. Finally, Advisor Group Inc. raised its stake in shares of Federated Investors by 9.9% during the second quarter. Advisor Group Inc. now owns 6,300 shares of the asset manager’s stock valued at $177,000 after acquiring an additional 565 shares during the last quarter. 85.15% of the stock is owned by institutional investors and hedge funds.

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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.

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