News headlines about Federated Investors (NYSE:FII) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Federated Investors earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 46.566886693183 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s rankings:
- Reviewing Blackstone Group (BX) & Federated Investors (FII) (americanbankingnews.com)
- U.S. asset manager Federated Investors considers bid for UK’s Hermes, says source: Reuters (pehub.com)
- Wells Fargo's (WFC) Insurance License Likely to Get Revoked (finance.yahoo.com)
- U.S. asset manager Federated Investors considers bid for UK’s Hermes-source (finance.yahoo.com)
- Market Determining Tax Winners, Losers, Says Golub (finance.yahoo.com)
FII has been the topic of a number of research analyst reports. Credit Suisse Group decreased their target price on Federated Investors from $29.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, August 11th. BidaskClub lowered Federated Investors from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Zacks Investment Research upgraded Federated Investors from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Tuesday, September 12th. Jefferies Group restated a “hold” rating and issued a $30.00 target price (up from $29.00) on shares of Federated Investors in a research note on Tuesday, October 10th. Finally, Deutsche Bank initiated coverage on Federated Investors in a research note on Tuesday, October 17th. They issued a “hold” rating and a $31.00 target price on the stock. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Federated Investors presently has a consensus rating of “Hold” and an average target price of $28.75.
Federated Investors (FII) traded up $0.18 on Friday, hitting $34.85. The stock had a trading volume of 561,100 shares, compared to its average volume of 715,887. Federated Investors has a 1 year low of $24.93 and a 1 year high of $34.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.33 and a quick ratio of 1.89. The stock has a market cap of $3,464.03, a PE ratio of 16.35, a P/E/G ratio of 3.15 and a beta of 1.57.
Federated Investors (NYSE:FII) last posted its quarterly earnings data on Thursday, October 26th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.03. Federated Investors had a return on equity of 34.54% and a net margin of 19.32%. The firm had revenue of $278.32 million during the quarter, compared to analysts’ expectations of $278.51 million. During the same period in the prior year, the business earned $0.54 EPS. The company’s revenue for the quarter was down 5.5% compared to the same quarter last year. research analysts expect that Federated Investors will post 2.15 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 8th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend was Tuesday, November 7th. Federated Investors’s payout ratio is currently 47.62%.
In other news, VP John B. Fisher sold 6,460 shares of the company’s 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 transaction, the vice president now directly owns 508,445 shares in the company, valued at approximately $16,010,933.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 7,776 shares of company stock valued at $244,827 over the last quarter. Company insiders own 7.10% of the company’s stock.
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Federated Investors Company Profile
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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