Federated Investors (NYSE:FII) had its target price boosted by investment analysts at Royal Bank of Canada to $37.00 in a note issued to investors on Monday, The Fly reports. The brokerage currently has a “sector perform” rating on the asset manager’s stock. Royal Bank of Canada’s price target indicates a potential upside of 1.34% from the company’s current price.

FII has been the topic of a number of other reports. Deutsche Bank started coverage on shares of Federated Investors in a research note on Tuesday, October 17th. They issued a “hold” rating and a $31.00 price target on the stock. Zacks Investment Research raised shares of Federated Investors from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Monday, October 2nd. Keefe, Bruyette & Woods reaffirmed a “sell” rating and issued a $31.00 price target on shares of Federated Investors in a research note on Wednesday, November 1st. Argus lowered shares of Federated Investors from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Finally, ValuEngine raised shares of Federated Investors from a “hold” rating to a “buy” rating in a research note on Monday, November 6th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $31.50.

Federated Investors (FII) opened at $36.51 on Monday. The firm has a market cap of $3,684.00, a PE ratio of 12.63, a P/E/G ratio of 1.40 and a beta of 1.56. Federated Investors has a 12 month low of $24.93 and a 12 month high of $36.76. The company has a quick ratio of 1.89, a current ratio of 3.39 and a debt-to-equity ratio of 0.22.

Federated Investors (NYSE:FII) last issued its quarterly earnings results on Thursday, January 25th. The asset manager reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.03. The firm had revenue of $278.31 million for the quarter, compared to analyst estimates of $283.45 million. Federated Investors had a net margin of 26.42% and a return on equity of 33.23%. Federated Investors’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.52 EPS. equities analysts anticipate that Federated Investors will post 2.74 earnings per share for the current fiscal year.

In other Federated Investors news, CFO Thomas R. Donahue sold 30,000 shares of the 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 completion of the sale, the chief financial officer now owns 634,044 shares in the company, valued at approximately $22,058,390.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Peter J. Germain sold 9,654 shares of the 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 of the company’s stock, valued at approximately $2,486,291.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 47,430 shares of company stock valued at $1,636,457. 7.10% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. APG Asset Management N.V. acquired a new stake in Federated Investors in the 4th quarter valued at about $4,633,000. SG Americas Securities LLC increased its holdings in shares of Federated Investors by 201.8% during the 4th quarter. SG Americas Securities LLC now owns 36,455 shares of the asset manager’s stock worth $1,315,000 after buying an additional 24,375 shares during the last quarter. First Quadrant L P CA increased its holdings in shares of Federated Investors by 65.6% during the 4th quarter. First Quadrant L P CA now owns 392,346 shares of the asset manager’s stock worth $14,156,000 after buying an additional 155,482 shares during the last quarter. James Investment Research Inc. increased its holdings in shares of Federated Investors by 5.4% during the 4th quarter. James Investment Research Inc. now owns 64,205 shares of the asset manager’s stock worth $2,317,000 after buying an additional 3,305 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in shares of Federated Investors by 84.5% during the 4th quarter. State of Alaska Department of Revenue now owns 14,410 shares of the asset manager’s stock worth $518,000 after buying an additional 6,600 shares during the last quarter. Institutional investors own 85.40% of the company’s stock.

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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.

The Fly

Analyst Recommendations for Federated Investors (NYSE:FII)

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