Federated Investors (FII) Downgraded by ValuEngine to Sell

Federated Investors (NYSE:FII) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

A number of other equities analysts have also recently commented on the company. Zacks Investment Research reaffirmed a “buy” rating and issued a $28.00 price target on shares of Federated Investors in a research note on Monday, December 31st. Citigroup raised Federated Investors from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $21.00 to $24.00 in a research note on Tuesday, December 18th. Gabelli began coverage on Federated Investors in a research note on Sunday, December 16th. They issued a “buy” rating and a $37.00 price target on the stock. TheStreet raised Federated Investors from a “c+” rating to a “b” rating in a research note on Wednesday, November 21st. Finally, Deutsche Bank decreased their price target on Federated Investors from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, November 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Federated Investors has an average rating of “Hold” and a consensus target price of $27.25.

NYSE:FII traded down $0.61 during mid-day trading on Friday, reaching $25.30. The stock had a trading volume of 702,338 shares, compared to its average volume of 769,267. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 11.61, a PEG ratio of 1.86 and a beta of 0.94. Federated Investors has a one year low of $22.06 and a one year high of $36.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.65 and a quick ratio of 1.41.



Federated Investors (NYSE:FII) last released its earnings results on Thursday, October 25th. The asset manager reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.05. The company had revenue of $308.62 million during the quarter, compared to the consensus estimate of $283.04 million. Federated Investors had a return on equity of 30.19% and a net margin of 26.25%. As a group, sell-side analysts anticipate that Federated Investors will post 2.39 EPS for the current year.

In related news, EVP Peter J. Germain sold 1,415 shares of the company’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $25.06, for a total value of $35,459.90. Following the sale, the executive vice president now directly owns 92,764 shares of the company’s stock, valued at $2,324,665.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP John B. Fisher sold 10,099 shares of the company’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $24.89, for a total value of $251,364.11. Following the completion of the sale, the vice president now directly owns 541,485 shares in the company, valued at $13,477,561.65. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,712 shares of company stock worth $291,790. 5.30% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue boosted its holdings in Federated Investors by 6.0% in the fourth quarter. State of Alaska Department of Revenue now owns 12,803 shares of the asset manager’s stock worth $339,000 after acquiring an additional 721 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Federated Investors by 1.1% during the third quarter. Legal & General Group Plc now owns 133,651 shares of the asset manager’s stock valued at $3,224,000 after purchasing an additional 1,423 shares in the last quarter. Lowe Brockenbrough & Co. Inc. lifted its holdings in shares of Federated Investors by 12.8% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 21,590 shares of the asset manager’s stock valued at $521,000 after purchasing an additional 2,450 shares in the last quarter. IndexIQ Advisors LLC lifted its holdings in shares of Federated Investors by 3.9% during the third quarter. IndexIQ Advisors LLC now owns 68,061 shares of the asset manager’s stock valued at $1,642,000 after purchasing an additional 2,569 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Federated Investors by 29.4% during the second quarter. Raymond James & Associates now owns 12,854 shares of the asset manager’s stock valued at $300,000 after purchasing an additional 2,923 shares in the last quarter. 83.88% of the stock is currently owned by institutional investors.

About Federated Investors

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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