Brokerages forecast that Federated Investors Inc (NYSE:FII) will report $0.66 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Federated Investors’ earnings, with the lowest EPS estimate coming in at $0.63 and the highest estimate coming in at $0.68. Federated Investors posted earnings per share of $0.49 during the same quarter last year, which would suggest a positive year-over-year growth rate of 34.7%. The company is scheduled to report its next quarterly earnings report on Thursday, April 26th.

According to Zacks, analysts expect that Federated Investors will report full year earnings of $2.79 per share for the current fiscal year, with EPS estimates ranging from $2.73 to $2.87. For the next year, analysts expect that the business will report earnings of $2.85 per share, with EPS estimates ranging from $2.75 to $3.00. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Federated Investors.

Federated Investors (NYSE:FII) last posted its earnings results on Thursday, January 25th. The asset manager reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. The business had revenue of $278.31 million for the quarter, compared to the consensus estimate of $283.45 million. Federated Investors had a net margin of 26.42% and a return on equity of 33.23%. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS.

A number of research analysts have commented on the stock. Royal Bank of Canada raised their target price on shares of Federated Investors to $37.00 and gave the company a “sector perform” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. downgraded shares of Federated Investors from a “neutral” rating to an “underweight” rating and set a $31.00 target price on the stock. in a research report on Monday, January 8th. Zacks Investment Research cut shares of Federated Investors from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. ValuEngine upgraded shares of Federated Investors from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Finally, Deutsche Bank initiated coverage on shares of Federated Investors in a report on Tuesday, October 17th. They issued a “hold” rating and a $31.00 price target on the stock. Four analysts have rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $31.50.

Federated Investors (NYSE:FII) traded up $0.61 during midday trading on Thursday, reaching $32.99. 897,750 shares of the company’s stock were exchanged, compared to its average volume of 1,260,000. The company has a quick ratio of 1.89, a current ratio of 3.39 and a debt-to-equity ratio of 0.22. The stock has a market cap of $3,330.00, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 1.24 and a beta of 1.36. Federated Investors has a 1-year low of $24.93 and a 1-year high of $36.76.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 8th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Wednesday, February 7th. Federated Investors’s dividend payout ratio is currently 34.84%.

In other news, CFO Thomas R. Donahue sold 30,000 shares of the firm’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 sale, the chief financial officer now directly owns 634,044 shares in the company, valued at approximately $22,058,390.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Peter J. Germain sold 9,654 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $36.04, for a total transaction of $347,930.16. Following the completion of the sale, the executive vice president now owns 68,987 shares in the company, valued at $2,486,291.48. The disclosure for this sale can be found here. 7.10% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. Amundi Pioneer Asset Management Inc. acquired a new stake in Federated Investors in the 4th quarter worth approximately $590,000. Burgundy Asset Management Ltd. boosted its stake in Federated Investors by 1.3% in the 4th quarter. Burgundy Asset Management Ltd. now owns 1,458,504 shares of the asset manager’s stock worth $52,623,000 after purchasing an additional 18,231 shares in the last quarter. Martingale Asset Management L P acquired a new stake in Federated Investors in the 4th quarter worth approximately $802,000. Sawgrass Asset Management LLC acquired a new stake in Federated Investors in the 4th quarter worth approximately $421,000. Finally, Citadel Advisors LLC boosted its stake in Federated Investors by 311.1% in the 4th quarter. Citadel Advisors LLC now owns 147,113 shares of the asset manager’s stock worth $5,308,000 after purchasing an additional 111,331 shares in the last quarter. Institutional investors and hedge funds own 85.45% 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. 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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