Federated Investors Inc (NYSE:FII) – Equities researchers at Jefferies Group lifted their FY2018 earnings per share (EPS) estimates for shares of Federated Investors in a report issued on Wednesday. Jefferies Group analyst S. Thind now expects that the asset manager will earn $2.85 per share for the year, up from their prior forecast of $2.25. Jefferies Group currently has a “Hold” rating and a $30.00 price objective on the stock. Jefferies Group also issued estimates for Federated Investors’ Q4 2018 earnings at $0.74 EPS and FY2019 earnings at $2.93 EPS.

Federated Investors (NYSE:FII) last announced 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. Federated Investors had a return on equity of 34.54% and a net margin of 19.32%. The business had revenue of $278.32 million during the quarter, compared to the consensus estimate of $278.51 million. During the same period in the prior year, the business posted $0.54 earnings per share. Federated Investors’s revenue was down 5.5% compared to the same quarter last year.

Several other equities research analysts also recently commented on the company. Zacks Investment Research downgraded Federated Investors from a “buy” rating to a “hold” rating in a report on Monday, September 18th. Royal Bank of Canada set a $31.00 target price on Federated Investors and gave the company a “hold” rating in a report on Friday, December 15th. Argus downgraded Federated Investors from a “buy” rating to a “hold” rating in a report on Monday, October 30th. ValuEngine raised Federated Investors from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. Finally, Deutsche Bank started coverage on Federated Investors in a report on Tuesday, October 17th. They set a “hold” rating and a $31.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Federated Investors presently has a consensus rating of “Hold” and a consensus target price of $30.75.

Shares of Federated Investors (FII) opened at $35.14 on Friday. Federated Investors has a fifty-two week low of $24.93 and a fifty-two week high of $36.67. The company has a market capitalization of $3,550.00, a price-to-earnings ratio of 16.58, a PEG ratio of 1.39 and a beta of 1.56. The company has a current ratio of 3.33, a quick ratio of 1.89 and a debt-to-equity ratio of 0.27.

In related 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 sale, the vice president now directly owns 508,445 shares of the company’s stock, valued at approximately $16,010,933.05. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Thomas R. Donahue sold 30,000 shares of the stock in a transaction dated Thursday, December 14th. The stock was 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 $22,058,390.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 47,430 shares of company stock valued at $1,636,457. Company insiders own 7.10% of the company’s stock.

A number of institutional investors have recently made changes to their positions in FII. Great West Life Assurance Co. Can lifted its stake in Federated Investors by 31.0% in the 3rd quarter. Great West Life Assurance Co. Can now owns 4,664,052 shares of the asset manager’s stock worth $139,191,000 after acquiring an additional 1,104,213 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Federated Investors by 52.1% in the 3rd quarter. Victory Capital Management Inc. now owns 1,332,298 shares of the asset manager’s stock worth $39,570,000 after acquiring an additional 456,280 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Federated Investors by 21.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,603,455 shares of the asset manager’s stock worth $73,546,000 after acquiring an additional 451,268 shares in the last quarter. First Trust Advisors LP increased its position in Federated Investors by 218.1% in the 3rd quarter. First Trust Advisors LP now owns 580,042 shares of the asset manager’s stock worth $17,227,000 after purchasing an additional 397,706 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in Federated Investors by 185.4% in the 2nd quarter. Wells Fargo & Company MN now owns 550,358 shares of the asset manager’s stock worth $15,548,000 after purchasing an additional 357,500 shares during the last quarter. 85.22% of the stock is owned by hedge funds and other institutional investors.

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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.

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