Federated Investors Inc (FII) Given Consensus Recommendation of “Hold” by Analysts

Federated Investors Inc (NYSE:FII) has earned an average rating of “Hold” from the eleven research firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $31.50.

Several equities research analysts have issued reports on the company. Royal Bank of Canada lifted their price target on Federated Investors to $37.00 and gave the stock a “sector perform” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. lowered Federated Investors from a “neutral” rating to an “underweight” rating and set a $31.00 target price for the company. in a research note on Monday, January 8th. Zacks Investment Research raised Federated Investors from a “hold” rating to a “strong-buy” rating and set a $41.00 target price for the company in a research note on Thursday, January 4th. ValuEngine raised Federated Investors from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Finally, Keefe, Bruyette & Woods reissued a “sell” rating and issued a $31.00 target price on shares of Federated Investors in a research note on Wednesday, November 1st.

Shares of Federated Investors (NYSE:FII) traded down $1.21 during mid-day trading on Friday, reaching $34.54. The company’s stock had a trading volume of 915,126 shares, compared to its average volume of 1,278,862. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.89 and a current ratio of 3.39. Federated Investors has a 52-week low of $24.93 and a 52-week high of $36.76. The company has a market capitalization of $3,607.32, a price-to-earnings ratio of 11.95, a P/E/G ratio of 1.39 and a beta of 1.36.

Federated Investors (NYSE:FII) last issued its quarterly earnings results on Thursday, January 25th. The asset manager reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.03. Federated Investors had a return on equity of 33.23% and a net margin of 26.42%. The firm had revenue of $278.31 million during the quarter, compared to analyst estimates of $283.45 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue was down 4.0% compared to the same quarter last year. equities analysts expect that Federated Investors will post 2.79 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 8th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Wednesday, February 7th. Federated Investors’s dividend payout ratio (DPR) is presently 34.60%.

In other news, EVP Peter J. Germain sold 9,654 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $36.04, for a total value of $347,930.16. Following the completion of the sale, the executive vice president now owns 68,987 shares of the company’s stock, valued at approximately $2,486,291.48. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Thomas R. Donahue sold 30,000 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 634,044 shares of the company’s stock, valued at approximately $22,058,390.76. The disclosure for this sale can be found here. Insiders own 7.10% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement Association of Colorado raised its position in Federated Investors by 155.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 7,634 shares of the asset manager’s stock valued at $275,000 after purchasing an additional 4,648 shares during the last quarter. Aperio Group LLC raised its position in Federated Investors by 12.9% during the 4th quarter. Aperio Group LLC now owns 37,935 shares of the asset manager’s stock valued at $1,369,000 after purchasing an additional 4,324 shares during the last quarter. Palisade Asset Management LLC raised its position in Federated Investors by 20.3% during the 4th quarter. Palisade Asset Management LLC now owns 41,420 shares of the asset manager’s stock valued at $1,494,000 after purchasing an additional 7,000 shares during the last quarter. Victory Capital Management Inc. raised its position in Federated Investors by 20.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,601,827 shares of the asset manager’s stock valued at $57,794,000 after purchasing an additional 269,529 shares during the last quarter. Finally, LSV Asset Management raised its position in Federated Investors by 54.6% during the 4th quarter. LSV Asset Management now owns 89,500 shares of the asset manager’s stock valued at $3,229,000 after purchasing an additional 31,600 shares during the last quarter. 85.40% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Federated Investors (NYSE:FII)

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