Federated Investors Inc (NYSE:FII) – Stock analysts at Jefferies Financial Group lowered their Q2 2019 earnings per share estimates for Federated Investors in a research note issued to investors on Tuesday, July 9th. Jefferies Financial Group analyst D. Fannon now expects that the asset manager will post earnings per share of $0.60 for the quarter, down from their previous forecast of $0.61. Jefferies Financial Group also issued estimates for Federated Investors’ Q1 2020 earnings at $0.59 EPS, Q2 2020 earnings at $0.65 EPS, Q3 2020 earnings at $0.66 EPS and Q4 2020 earnings at $0.66 EPS.

Federated Investors (NYSE:FII) last issued its earnings results on Thursday, April 25th. The asset manager reported $0.54 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.02). Federated Investors had a return on equity of 27.79% and a net margin of 18.20%. The firm had revenue of $307.10 million during the quarter, compared to analysts’ expectations of $309.09 million. During the same period in the previous year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year.

Other research analysts also recently issued reports about the stock. ValuEngine raised shares of Vistra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, July 3rd. Zacks Investment Research downgraded shares of Hersha Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Bank of America set a $180.00 target price on shares of CME Group and gave the stock a “hold” rating in a research note on Tuesday, April 9th. Citigroup downgraded shares of Apergy from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $41.00 to $34.00 in a research note on Tuesday. Finally, JPMorgan Chase & Co. downgraded shares of Sinopec Shanghai Petrochemical from an “overweight” rating to an “underweight” rating in a research note on Monday, June 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $30.00.

Shares of NYSE FII opened at $33.60 on Wednesday. The company has a current ratio of 2.11, a quick ratio of 1.90 and a debt-to-equity ratio of 0.27. Federated Investors has a 52 week low of $22.06 and a 52 week high of $33.77. The business has a fifty day moving average price of $32.02. The stock has a market capitalization of $3.37 billion, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 2.02 and a beta of 0.81.

A number of large investors have recently added to or reduced their stakes in FII. Principal Financial Group Inc. boosted its holdings in shares of Federated Investors by 2.6% during the 4th quarter. Principal Financial Group Inc. now owns 521,414 shares of the asset manager’s stock valued at $13,844,000 after buying an additional 13,314 shares in the last quarter. Occidental Asset Management LLC boosted its holdings in shares of Federated Investors by 8.4% during the 4th quarter. Occidental Asset Management LLC now owns 16,540 shares of the asset manager’s stock valued at $439,000 after buying an additional 1,277 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in shares of Federated Investors by 28.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 29,700 shares of the asset manager’s stock valued at $678,000 after buying an additional 6,600 shares in the last quarter. Muhlenkamp & Co. Inc. bought a new stake in shares of Federated Investors during the 1st quarter valued at $7,259,000. Finally, Signaturefd LLC boosted its holdings in shares of Federated Investors by 92.5% during the 1st quarter. Signaturefd LLC now owns 2,435 shares of the asset manager’s stock valued at $71,000 after buying an additional 1,170 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

In related news, VP Paul A. Uhlman sold 1,007 shares of Federated Investors stock in a transaction on Monday, June 17th. The shares were sold at an average price of $31.82, for a total value of $32,042.74. Following the sale, the vice president now owns 235,364 shares in the company, valued at $7,489,282.48. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP John B. Fisher sold 100,000 shares of Federated Investors stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $30.94, for a total transaction of $3,094,000.00. Following the completion of the sale, the vice president now owns 488,030 shares in the company, valued at approximately $15,099,648.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 103,549 shares of company stock worth $3,204,195. 5.50% of the stock is currently owned by company insiders.

About Federated Investors

Federated Investors, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors.

Featured Article: Moving Average – How it Helps Investors in Stock Selection

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

Receive News & Ratings for Federated Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federated Investors and related companies with MarketBeat.com's FREE daily email newsletter.