Brokers Set Expectations for Federated Investors’ Q4 2018 Earnings (FII)

Federated Investors (NYSE:FII) – Investment analysts at Jefferies Group lifted their Q4 2018 EPS estimates for shares of Federated Investors in a report issued on Wednesday, April 11th. Jefferies Group analyst S. Thind now anticipates that the asset manager will post earnings of $0.75 per share for the quarter, up from their previous estimate of $0.74. Jefferies Group has a “Hold” rating and a $32.00 price target on the stock. Jefferies Group also issued estimates for Federated Investors’ FY2019 earnings at $2.99 EPS.

Several other equities research analysts have also recently commented on the stock. Royal Bank of Canada set a $31.00 price objective on shares of Federated Investors and gave the company a “hold” rating in a research report on Friday, December 15th. JPMorgan Chase cut shares of Federated Investors from a “neutral” rating to an “underweight” rating and set a $31.00 price objective on the stock. in a research report on Monday, January 8th. Zacks Investment Research raised shares of Federated Investors from a “hold” rating to a “strong-buy” rating and set a $41.00 price objective on the stock in a research report on Thursday, January 4th. Citigroup raised shares of Federated Investors from a “sell” rating to a “neutral” rating in a research report on Monday, March 5th. Finally, Deutsche Bank cut their price objective on shares of Federated Investors from $34.00 to $32.00 and set a “hold” rating on the stock in a research report on Tuesday, March 6th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. Federated Investors presently has an average rating of “Hold” and a consensus price target of $32.13.



FII opened at $32.78 on Friday. The firm has a market capitalization of $3,277.22, a P/E ratio of 15.04, a P/E/G ratio of 1.39 and a beta of 1.32. Federated Investors has a 12 month low of $25.24 and a 12 month high of $36.76. The company has a current ratio of 3.39, a quick ratio of 2.98 and a debt-to-equity ratio of 0.22.

Federated Investors (NYSE:FII) last announced its quarterly earnings results on Thursday, January 25th. The asset manager reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The company had revenue of $278.31 million for the quarter, compared to analysts’ expectations of $283.45 million. Federated Investors had a net margin of 26.42% and a return on equity of 33.23%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the firm posted $0.52 earnings per share.

A number of hedge funds have recently modified their holdings of FII. Bremer Trust National Association acquired a new stake in Federated Investors in the 4th quarter valued at $209,000. First Allied Advisory Services Inc. acquired a new stake in Federated Investors in the 4th quarter valued at $213,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Federated Investors in the 4th quarter valued at $215,000. FinTrust Investment Advisory Services LLC acquired a new stake in Federated Investors in the 4th quarter valued at $216,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Federated Investors by 34.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,025 shares of the asset manager’s stock valued at $217,000 after buying an additional 1,541 shares during the last quarter. Hedge funds and other institutional investors own 85.18% of the company’s stock.

In other Federated Investors news, EVP Peter J. Germain sold 1,294 shares of Federated Investors stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $34.27, for a total value of $44,345.38. Following the sale, the executive vice president now directly owns 75,473 shares in the company, valued at approximately $2,586,459.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gordon J. Ceresino sold 4,487 shares of Federated Investors stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $34.20, for a total transaction of $153,455.40. Following the completion of the sale, the director now owns 194,221 shares in the company, valued at $6,642,358.20. The disclosure for this sale can be found here. Insiders sold a total of 17,803 shares of company stock worth $608,486 over the last quarter. Company insiders own 5.30% 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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