News coverage about Federated Investors (NYSE:FII) has trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Federated Investors earned a media sentiment score of 2.57 on their scale. InfoTrie also assigned news coverage about the asset manager an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the near term.
FII has been the topic of a number of recent research reports. ValuEngine raised Federated Investors from a “sell” rating to a “hold” rating in a research report on Thursday, February 28th. Zacks Investment Research lowered Federated Investors from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Bank of America set a $28.00 price objective on Federated Investors and gave the company a “sell” rating in a research note on Tuesday, April 9th. Finally, JPMorgan Chase & Co. upgraded Federated Investors from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $34.00 to $36.00 in a research note on Monday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $29.00.
FII stock traded up $0.08 during trading on Friday, hitting $32.47. 16,518 shares of the company traded hands, compared to its average volume of 592,856. The stock has a market capitalization of $3.30 billion, a PE ratio of 13.59, a P/E/G ratio of 1.99 and a beta of 0.81. Federated Investors has a 1 year low of $22.06 and a 1 year high of $33.77. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.11 and a quick ratio of 1.90.
Federated Investors (NYSE:FII) last issued its earnings results on Thursday, April 25th. The asset manager reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.02). The company had revenue of $307.10 million for the quarter, compared to analysts’ expectations of $309.09 million. Federated Investors had a net margin of 18.20% and a return on equity of 27.79%. The company’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 earnings per share. Analysts anticipate that Federated Investors will post 2.39 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 8th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 3.33%. The ex-dividend date was Tuesday, May 7th. Federated Investors’s dividend payout ratio (DPR) is currently 45.19%.
In related news, VP John B. Fisher sold 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $30.94, for a total transaction of $3,094,000.00. Following the completion of the transaction, the vice president now owns 488,030 shares of the company’s stock, valued at approximately $15,099,648.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael J. Farrell sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $29.59, for a total value of $88,770.00. Following the transaction, the director now directly owns 41,150 shares of the company’s stock, valued at approximately $1,217,628.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 118,858 shares of company stock valued at $3,651,613. Company insiders own 5.50% of the company’s stock.
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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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