Weekly Investment Analysts’ Ratings Changes for Federated Investors (FII)

Several brokerages have updated their recommendations and price targets on shares of Federated Investors (NYSE: FII) in the last few weeks:

• 8/3/2017 – Federated Investors had its “sell” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $27.00 price target on the stock.
• 8/1/2017 – Federated Investors was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
• 7/28/2017 – Federated Investors was given a new $28.00 price target on by analysts at Royal Bank Of Canada. They now have a “hold” rating on the stock.
• 7/25/2017 – Federated Investors was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
• 7/14/2017 – Federated Investors had its “sell” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $28.00 price target on the stock.
• 7/13/2017 – Federated Investors was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Federated’s shares underperformed the Zacks categorized Investment Management industry over the last three months. Escalating expenses continue to affect the financials. Also, strict regulations for investment management companies remain a headwind. However, rise in interest rates and lower fee waivers are expected to aid top-line performance, moving ahead. Also, Federated’s inorganic growth strategies encourage us. Further, the company’s active involvement in capital deployment activities continues to inspire investors’ confidence.”
• 7/12/2017 – Federated Investors was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
• 7/4/2017 – Federated Investors was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $32.00 price target on the stock. According to Zacks, “Federated’s shares outperformed the Zacks categorized Investment Management industry over the last three months. Rise in interest rates and lower fee waivers are expected to aid top-line performance, moving ahead. Further, the company’s active involvement in capital deployment activities continues to inspire investors’ confidence. Though, escalating expenses continue to affect the financials, Federated’s inorganic growth strategies encourage us.”
• 6/29/2017 – Federated Investors is now covered by analysts at Royal Bank Of Canada. They set a “sector perform” rating and a $27.00 price target on the stock.
• 6/17/2017 – Federated Investors was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
• 6/12/2017 – Federated Investors was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Federated’s shares underperformed the Zacks categorized Investment Management industry over the last three months. The company’s AUM may be deterred due to volatility in equity markets. However, rise in interest rates and lower fee waivers are expected to aid top-line performance, moving ahead. Also, the company’s inorganic growth strategies encourage us. Nevertheless, stringent regulatory environment and escalating expenses continues to affect the company’s financials.”
• 6/10/2017 – Federated Investors was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Shares of Federated Investors, Inc. (FII) traded down 0.36% on Monday, reaching $27.78. The company’s stock had a trading volume of 59,781 shares. Federated Investors, Inc. has a 12-month low of $24.52 and a 12-month high of $33.13. The company has a market cap of $2.71 billion, a P/E ratio of 13.23 and a beta of 1.42. The company’s 50 day moving average price is $28.51 and its 200 day moving average price is $26.99.

Federated Investors (NYSE:FII) last announced its quarterly earnings data on Thursday, July 27th. The asset manager reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. Federated Investors had a net margin of 18.91% and a return on equity of 33.93%. The company had revenue of $272.80 million during the quarter, compared to analysts’ expectations of $278.51 million. During the same quarter in the prior year, the company earned $0.51 EPS. Federated Investors’s revenue was down 4.8% compared to the same quarter last year. Analysts forecast that Federated Investors, Inc. will post $2.06 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 8th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, August 4th. This represents a $1.00 annualized dividend and a yield of 3.59%. Federated Investors’s dividend payout ratio is presently 48.08%.

In related news, VP John B. Fisher sold 5,041 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $27.97, for a total transaction of $140,996.77. Following the completion of the sale, the vice president now owns 514,905 shares of the company’s stock, valued at approximately $14,401,892.85. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Richard A. Novak sold 2,700 shares of the company’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $27.70, for a total transaction of $74,790.00. Following the sale, the insider now directly owns 44,741 shares of the company’s stock, valued at approximately $1,239,325.70. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,875 shares of company stock valued at $246,998. 7.10% of the stock is owned by corporate insiders.

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.