Federated Investors Inc (NYSE:FII) insider Richard A. Novak sold 1,234 shares of Federated Investors stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $32.89, for a total transaction of $40,586.26. Following the completion of the transaction, the insider now owns 55,480 shares of the company’s stock, valued at approximately $1,824,737.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

NYSE:FII opened at $33.71 on Friday. Federated Investors Inc has a 1 year low of $24.04 and a 1 year high of $35.98. The firm has a 50 day moving average of $31.78 and a 200-day moving average of $32.17. The company has a current ratio of 2.17, a quick ratio of 1.92 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $3.44 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 1.61 and a beta of 0.75.

Federated Investors (NYSE:FII) last posted its earnings results on Thursday, October 24th. The asset manager reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.07. Federated Investors had a net margin of 19.73% and a return on equity of 27.84%. The company had revenue of $340.34 million during the quarter, compared to analysts’ expectations of $332.10 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. Federated Investors’s quarterly revenue was up 10.3% compared to the same quarter last year. As a group, analysts forecast that Federated Investors Inc will post 2.57 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 8th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Thursday, November 7th. Federated Investors’s dividend payout ratio (DPR) is currently 45.19%.

FII has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of Federated Investors from a “buy” rating to a “hold” rating and set a $33.00 target price for the company. in a research note on Friday, October 11th. ValuEngine cut shares of Federated Investors from a “sell” rating to a “strong sell” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Federated Investors has an average rating of “Hold” and a consensus target price of $31.33.

Several large investors have recently bought and sold shares of FII. Synovus Financial Corp acquired a new stake in shares of Federated Investors in the third quarter valued at approximately $55,000. FMR LLC increased its holdings in shares of Federated Investors by 40.5% in the first quarter. FMR LLC now owns 2,266 shares of the asset manager’s stock valued at $66,000 after purchasing an additional 653 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Federated Investors by 34.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,563 shares of the asset manager’s stock valued at $83,000 after purchasing an additional 662 shares in the last quarter. Point72 Hong Kong Ltd increased its holdings in shares of Federated Investors by 205.7% in the second quarter. Point72 Hong Kong Ltd now owns 2,974 shares of the asset manager’s stock valued at $97,000 after purchasing an additional 2,001 shares in the last quarter. Finally, ETF Managers Group LLC acquired a new stake in shares of Federated Investors in the second quarter valued at approximately $200,000. Institutional investors own 82.98% of the company’s stock.

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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Insider Buying and Selling by Quarter for Federated Investors (NYSE:FII)

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