Federated Investors Inc (NYSE:FII) – Stock analysts at Jefferies Financial Group reduced their Q2 2018 EPS estimates for shares of Federated Investors in a research note issued to investors on Wednesday, July 11th. Jefferies Financial Group analyst S. Thind now forecasts that the asset manager will post earnings of $0.61 per share for the quarter, down from their previous forecast of $0.70. Jefferies Financial Group has a “Hold” rating and a $32.00 price objective on the stock. Jefferies Financial Group also issued estimates for Federated Investors’ Q3 2018 earnings at $0.56 EPS, Q4 2018 earnings at $0.60 EPS and FY2019 earnings at $2.61 EPS.
Get Federated Investors alerts:FII has been the topic of a number of other research reports. Zacks Investment Research cut shares of Federated Investors from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. Keefe, Bruyette & Woods raised shares of Federated Investors from an “underperform” rating to a “market perform” rating in a research note on Monday, May 28th. TheStreet cut shares of Federated Investors from a “b-” rating to a “c+” rating in a research note on Tuesday, May 22nd. Royal Bank of Canada dropped their price target on shares of Federated Investors to $30.00 and set a “sector perform” rating on the stock in a research note on Monday, April 30th. Finally, ValuEngine cut shares of Federated Investors from a “sell” rating to a “strong sell” rating in a research note on Monday, June 11th. Five research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $31.19.
Federated Investors opened at $23.58 on Thursday, MarketBeat.com reports. Federated Investors has a 1 year low of $22.82 and a 1 year high of $36.76. The firm has a market capitalization of $2.49 billion, a P/E ratio of 10.82, a P/E/G ratio of 1.83 and a beta of 1.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.91 and a current ratio of 4.43.
Federated Investors (NYSE:FII) last posted its earnings results on Thursday, April 26th. The asset manager reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.05). Federated Investors had a net margin of 27.63% and a return on equity of 32.55%. The firm had revenue of $263.85 million for the quarter, compared to analysts’ expectations of $277.61 million. During the same period last year, the firm earned $0.49 earnings per share. Federated Investors’s revenue for the quarter was down 3.5% compared to the same quarter last year.
A number of institutional investors and hedge funds have recently made changes to their positions in FII. Raymond James Financial Services Advisors Inc. acquired a new stake in Federated Investors during the 4th quarter worth $215,000. Amundi Pioneer Asset Management Inc. acquired a new stake in Federated Investors during the 4th quarter worth $590,000. AMP Capital Investors Ltd boosted its stake in Federated Investors by 21.0% during the 4th quarter. AMP Capital Investors Ltd now owns 56,420 shares of the asset manager’s stock worth $2,036,000 after purchasing an additional 9,800 shares during the last quarter. Quantitative Investment Management LLC acquired a new stake in Federated Investors during the 4th quarter worth $782,000. Finally, Advisor Group Inc. boosted its stake in Federated Investors by 43.7% during the 4th quarter. Advisor Group Inc. now owns 9,007 shares of the asset manager’s stock worth $326,000 after purchasing an additional 2,739 shares during the last quarter. 84.52% of the stock is currently owned by institutional investors.
Federated Investors Company Profile
Federated Investors, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors.
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