Shares of Federated Investors, Inc. (NYSE:FII) have been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $28.75.

Several equities analysts have commented on the company. ValuEngine upgraded Federated Investors from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Deutsche Bank AG assumed coverage on Federated Investors in a research report on Tuesday, October 17th. They issued a “hold” rating and a $31.00 target price for the company. Royal Bank Of Canada set a $28.00 target price on Federated Investors and gave the company a “hold” rating in a research report on Wednesday, October 18th. Keefe, Bruyette & Woods reiterated a “sell” rating and issued a $31.00 target price on shares of Federated Investors in a research report on Wednesday, November 1st. Finally, Argus downgraded Federated Investors from a “buy” rating to a “hold” rating in a research report on Monday, October 30th.

Shares of Federated Investors (NYSE:FII) traded up $0.01 during mid-day trading on Monday, hitting $31.38. The company had a trading volume of 367,536 shares, compared to its average volume of 708,309. The company has a current ratio of 3.33, a quick ratio of 1.89 and a debt-to-equity ratio of 0.27. Federated Investors has a twelve month low of $24.93 and a twelve month high of $31.82. The company has a market cap of $3,170.00, a P/E ratio of 14.94, a P/E/G ratio of 2.88 and a beta of 1.56.

Federated Investors (NYSE:FII) last posted its earnings results on Thursday, October 26th. The asset manager reported $0.56 EPS for the quarter, beating the consensus estimate of $0.53 by $0.03. The firm had revenue of $278.32 million during the quarter, compared to the consensus estimate of $278.51 million. Federated Investors had a return on equity of 34.54% and a net margin of 19.32%. The business’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share. analysts anticipate that Federated Investors will post 2.15 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 8th were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, November 7th. This represents a $1.00 annualized dividend and a yield of 3.19%. Federated Investors’s dividend payout ratio is presently 47.17%.

In other Federated Investors news, VP John B. Fisher sold 6,460 shares of the stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $31.49, for a total value of $203,425.40. Following the completion of the transaction, the vice president now directly owns 508,445 shares in the company, valued at $16,010,933.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 7,776 shares of company stock valued at $244,827 over the last quarter. Corporate insiders own 7.10% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Bessemer Group Inc. bought a new position in shares of Federated Investors during the third quarter worth about $126,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Federated Investors by 8.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,484 shares of the asset manager’s stock worth $127,000 after acquiring an additional 358 shares during the last quarter. Advisory Services Network LLC raised its position 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 worth $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 worth about $176,000. Finally, Advisor Group Inc. raised its position 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 worth $177,000 after acquiring an additional 565 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.watchlistnews.com/brokerages-set-federated-investors-inc-fii-pt-at-28-75/1722617.html.

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.

Analyst Recommendations for Federated Investors (NYSE:FII)

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