Federated Investors Inc (NYSE:FII) VP John B. Fisher sold 100,000 shares of the firm’s stock in a transaction 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 sale, the vice president now directly owns 488,030 shares in the company, valued at approximately $15,099,648.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of FII traded down $0.18 during trading hours on Thursday, hitting $30.43. 16,201 shares of the company were exchanged, compared to its average volume of 847,385. The company has a market cap of $3.10 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 1.84 and a beta of 0.87. Federated Investors Inc has a 52 week low of $22.06 and a 52 week high of $33.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.90 and a current ratio of 2.11.

Federated Investors (NYSE:FII) last released its quarterly earnings results on Thursday, April 25th. The asset manager reported $0.54 earnings per share (EPS) 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 the consensus estimate of $309.09 million. Federated Investors had a return on equity of 27.79% and a net margin of 18.20%. The business’s revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.60 EPS. On average, research analysts predict that Federated Investors Inc will post 2.45 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $1.08 annualized dividend and a dividend yield of 3.55%. Federated Investors’s dividend payout ratio is presently 45.19%.

Several hedge funds and other institutional investors have recently bought and sold shares of FII. Schneider Downs Wealth Management Advisors LP lifted its position in shares of Federated Investors by 74.1% during the 4th quarter. Schneider Downs Wealth Management Advisors LP now owns 5,232,641 shares of the asset manager’s stock worth $138,927,000 after purchasing an additional 2,226,812 shares during the last quarter. Norges Bank acquired a new position in shares of Federated Investors during the 4th quarter worth about $34,234,000. Oregon Public Employees Retirement Fund lifted its position in shares of Federated Investors by 2,555.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 995,731 shares of the asset manager’s stock worth $38,000 after purchasing an additional 958,227 shares during the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Federated Investors during the 1st quarter worth about $9,586,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Federated Investors by 240.4% during the 1st quarter. JPMorgan Chase & Co. now owns 426,081 shares of the asset manager’s stock worth $12,487,000 after purchasing an additional 300,902 shares during the last quarter. 82.76% of the stock is owned by institutional investors and hedge funds.

FII has been the topic of a number of research reports. Zacks Investment Research raised Federated Investors from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective on the stock in a research note on Friday, March 29th. Bank of America set a $28.00 target price on Federated Investors and gave the company a “sell” rating in a research note on Tuesday, April 9th. Finally, ValuEngine upgraded Federated Investors from a “sell” rating to a “hold” rating in a research note on Thursday, February 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. Federated Investors has an average rating of “Hold” and a consensus target price of $27.50.

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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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