Federated Investors Inc. (NYSE:FII) – Jefferies Group dropped their Q2 2017 earnings per share (EPS) estimates for Federated Investors in a note issued to investors on Monday. Jefferies Group analyst S. Thind now forecasts that the firm will post earnings per share of $0.51 for the quarter, down from their previous forecast of $0.53. Jefferies Group has a “Hold” rating and a $27.00 price objective on the stock. Jefferies Group also issued estimates for Federated Investors’ Q3 2017 earnings at $0.54 EPS, Q4 2017 earnings at $0.54 EPS and FY2017 earnings at $2.08 EPS.

Other research analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Federated Investors from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Wednesday, August 10th. Keefe, Bruyette & Woods set a $30.00 price objective on shares of Federated Investors and gave the stock a “hold” rating in a research report on Friday, October 14th. Finally, Credit Suisse Group AG raised shares of Federated Investors from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $26.00 to $27.00 in a research report on Friday, November 18th. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $29.13.

Earnings History and Estimates for Federated Investors (NYSE:FII)

Shares of Federated Investors (NYSE:FII) opened at 27.56 on Tuesday. The stock has a market cap of $2.72 billion, a PE ratio of 14.28 and a beta of 1.63. Federated Investors has a 1-year low of $22.76 and a 1-year high of $33.13. The stock’s 50 day moving average is $27.39 and its 200-day moving average is $30.14.

Federated Investors (NYSE:FII) last released its earnings results on Thursday, October 27th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The business earned $294.60 million during the quarter, compared to analysts’ expectations of $264.41 million. Federated Investors had a net margin of 18.28% and a return on equity of 30.13%. The company’s quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.42 earnings per share.

The company also recently announced a special dividend, which was paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 8th were paid a $1.00 dividend. This represents a dividend yield of 3.73%. The ex-dividend date of this dividend was Friday, November 4th. Federated Investors’s dividend payout ratio (DPR) is presently 50.76%.

In related news, Director Michael J. Farrell acquired 10,000 shares of Federated Investors stock in a transaction that occurred on Wednesday, November 2nd. The stock was purchased at an average price of $26.07 per share, for a total transaction of $260,700.00. Following the completion of the purchase, the director now directly owns 41,700 shares of the company’s stock, valued at $1,087,119. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Gordon J. Ceresino sold 5,570 shares of the firm’s stock in a transaction dated Wednesday, November 2nd. The shares were sold at an average price of $26.01, for a total transaction of $144,875.70. Following the completion of the sale, the insider now owns 176,914 shares of the company’s stock, valued at approximately $4,601,533.14. The disclosure for this sale can be found here. 10.50% of the stock is currently owned by insiders.

Hedge funds have recently made changes to their positions in the stock. Americafirst Capital Management LLC bought a new stake in shares of Federated Investors during the second quarter valued at approximately $101,000. Murphy Pohlad Asset Management LLC boosted its stake in shares of Federated Investors by 36.9% in the second quarter. Murphy Pohlad Asset Management LLC now owns 80,595 shares of the company’s stock valued at $2,319,000 after buying an additional 21,740 shares during the period. Capstone Asset Management Co. boosted its stake in shares of Federated Investors by 2.6% in the second quarter. Capstone Asset Management Co. now owns 7,615 shares of the company’s stock valued at $219,000 after buying an additional 190 shares during the period. Central Bank & Trust Co. bought a new stake in shares of Federated Investors during the second quarter valued at approximately $3,060,000. Finally, Park National Corp OH boosted its stake in shares of Federated Investors by 2.2% in the second quarter. Park National Corp OH now owns 10,052 shares of the company’s stock valued at $289,000 after buying an additional 215 shares during the period. Hedge funds and other institutional investors own 77.48% of the company’s stock.

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Federated Investors Company Profile

Federated Investors, Inc (Federated) is a provider of investment management products and related financial services. The Company 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, in both domestic and international markets.

5 Day Chart for NYSE:FII

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