Federated Investors Inc (FII) Receives $27.25 Consensus Target Price from Analysts

Federated Investors Inc (NYSE:FII) has earned an average rating of “Hold” from the ten analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $27.25.

FII has been the topic of a number of research analyst reports. Royal Bank of Canada set a $26.00 price target on Federated Investors and gave the stock a “hold” rating in a research note on Monday, October 29th. ValuEngine raised Federated Investors from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 27th. Gabelli initiated 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. Citigroup raised Federated Investors from a “sell” rating to a “neutral” rating and raised their price target for the stock from $21.00 to $24.00 in a research note on Tuesday, December 18th. 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.

Get Federated Investors alerts:

NYSE:FII traded up $0.53 during mid-day trading on Wednesday, reaching $28.37. The company’s stock had a trading volume of 972,851 shares, compared to its average volume of 901,534. The company has a current ratio of 1.68, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Federated Investors has a twelve month low of $22.06 and a twelve month high of $35.22. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 3.22 and a beta of 0.82.

Federated Investors (NYSE:FII) last issued its quarterly earnings results on Thursday, January 24th. The asset manager reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. Federated Investors had a return on equity of 29.33% and a net margin of 19.40%. The firm had revenue of $307.20 million for the quarter, compared to analyst estimates of $305.68 million. During the same period last year, the company earned $0.61 EPS. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, research analysts forecast that Federated Investors will post 2.34 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 15th. Stockholders of record on Friday, February 8th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Thursday, February 7th. Federated Investors’s dividend payout ratio is currently 45.19%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Essex Savings Bank purchased a new stake in shares of Federated Investors during the 4th quarter valued at about $35,000. Parallel Advisors LLC raised its holdings in shares of Federated Investors by 627.7% during the 4th quarter. Parallel Advisors LLC now owns 1,841 shares of the asset manager’s stock valued at $48,000 after buying an additional 1,588 shares during the period. Bremer Trust National Association purchased a new stake in shares of Federated Investors during the 4th quarter valued at about $65,000. Huntington National Bank raised its holdings in shares of Federated Investors by 15.4% during the 4th quarter. Huntington National Bank now owns 4,047 shares of the asset manager’s stock valued at $107,000 after buying an additional 541 shares during the period. Finally, Riverhead Capital Management LLC purchased a new stake in shares of Federated Investors during the 3rd quarter valued at about $106,000. 87.09% of the stock is currently owned by institutional investors and hedge funds.

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.

Featured Article: Why is cost of goods sold important?

Analyst Recommendations for Federated Investors (NYSE:FII)

Leave a Reply

Your email address will not be published. Required fields are marked *