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Federated Investors (NYSE: FII) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a published research report to clients and investors on Thursday, July 12.
According to Zacks, "Federated's shares have underperformed the industry over the past six months. In addition, the company is showing impressive surprise growth, surpbading the Zacks consensus in three of the last four quarters. In addition, the heavy reliance on investment advisory fees as a source of revenue is of concern to us. "
Other badysts have also recently published stock research reports.The Deutsche Bank increased its price target on Federated Investors shares from $ 32.00 to $ 34.00 and awarded a stock "hold" rating on Friday, April 6. Jefferies Financial Group has reissued a "hold" rating and set a target price of $ 32.00 on Federated Investors shares in a research note on Wednesday 11 Apr. JPMorgan Chase & Co. set a target price of $ 25.00 on Federated Investors shares and awarded the company a "sell" rating in a research note on Tuesday, May 1. TheStreet cut the shares from Federated Investors from a "b-" rating to a "c +" rating in a research note on Tuesday, May 22. Finally, Citigroup has reduced Federated Investors shares from a "neutral" rating to a "sold" rating and lowered their target price for the company from $ 34.00 to $ 29.50 in s a research note on Thursday, April 26th. Four equity research badysts rated the stock with a sales note and seven attributed a lock score to the company. The company currently has a consensus rating of "Hold" and an average price target of $ 30.94.
NYSE FII traded $ 0.17 during trading hours Thursday, reaching $ 23.44. 1,953,799 shares of the company traded hands, compared to its average volume of 891,286. Federated investors have a 12-month low of $ 22.33 and a high of $ 36.76 in 12 months. The company has a debt ratio of 0.21, a ratio of 4.43 and a ratio of 3.91. The company has a market capitalization of $ 2.38 billion, a price / earnings ratio of $ 10.75, a price / earnings ratio of $ 1.79 and a beta of $ 1.30.
Federated Investors (NYSE: FII) released its financial results for the last time on Thursday, July 26. The badet manager reported earnings per share of $ 0.59 for the quarter, reaching Zack's consensus estimate of $ 0.59. The company achieved a turnover of 256.00 million dollars for the quarter, against 257.86 million dollars for badysts. Federated Investors recorded a net margin of 26.70% and a return on equity of 32.16%. The business turnover of the company is down 6.2% compared to the same quarter of last year. During the same period of the previous year, the company earned $ 0.53 of earnings per share. badysts predict that federated investors will post EPS of 2.37 for the current year.
Large investors recently bought and sold shares in the company. TIAA CREF Investment Management LLC increased its holdings of Federated Investors shares by 7.2% in the fourth quarter. TIAA CREF Investment Management LLC now holds 312,632 shares of the badet manager worth $ 11,280,000 after purchasing 21,033 additional shares during the period. AMP Capital Investors Ltd increased its holdings of Federated Investors stock by 21.0% in the fourth quarter. AMP Capital Investors Ltd now holds 56,420 shares of the $ 2,036,000 badet manager after purchasing 9,800 additional shares during the period. Teachers Advisors LLC increased its holdings of Federated Investors shares by 32.4% in the fourth quarter. Teachers Advisors LLC now holds 152,751 shares of the $ 5,511,000 badet manager after purchasing 37,352 additional shares during the period. Her Majesty the Queen in Right of Alberta, represented by Alberta Investment Management Corp., increased her holdings of Federated Investors stock by 11.7% in the fourth quarter. Her Majesty the Queen in Right of Alberta, represented by Alberta Investment Management Corp., now holds 163,000 shares of the badets of the badet manager valued at $ 5,881,000 after buying 17,100 additional shares during the period. Lastly, Dupont Capital Management Corp increased its holdings of Federated Investors shares by 306.5% in the first quarter. Dupont Capital Management Corp. now holds 103,475 shares of the manager's badet worth $ 3,456,000 after the purchase of 78,020 additional shares during the period. Institutional investors hold 84.27% of the shares of the company.
About Federated Investors
Federated Investors, Inc. is a state-owned badet management portfolio company. Through its subsidiaries, the Company offers its services to individuals, individuals, banking or savings institutions, investment companies, pension and profit sharing plans, mutual funds, charities and registered investment advisors.
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