Federated Investors, Inc. (FII) Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. grew its holdings in Federated Investors, Inc. (NYSE:FII) by 4.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,180 shares of the asset manager’s stock after acquiring an additional 2,780 shares during the period. Alliancebernstein L.P. owned about 0.06% of Federated Investors worth $1,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Camelot Portfolios LLC lifted its position in shares of Federated Investors by 0.5% in the second quarter. Camelot Portfolios LLC now owns 24,859 shares of the asset manager’s stock valued at $702,000 after acquiring an additional 119 shares in the last quarter. Lowe Brockenbrough & Co. Inc. lifted its position in shares of Federated Investors by 0.8% in the second quarter. Lowe Brockenbrough & Co. Inc. now owns 18,000 shares of the asset manager’s stock valued at $508,000 after acquiring an additional 150 shares in the last quarter. Northwest Investment Counselors LLC lifted its position in shares of Federated Investors by 0.5% in the second quarter. Northwest Investment Counselors LLC now owns 58,727 shares of the asset manager’s stock valued at $1,659,000 after acquiring an additional 287 shares in the last quarter. Advantus Capital Management Inc lifted its position in shares of Federated Investors by 2.5% in the first quarter. Advantus Capital Management Inc now owns 11,849 shares of the asset manager’s stock valued at $312,000 after acquiring an additional 290 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Federated Investors by 0.8% in the first quarter. Public Employees Retirement System of Ohio now owns 36,317 shares of the asset manager’s stock valued at $957,000 after acquiring an additional 296 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company’s stock.

In other Federated Investors news, VP John B. Fisher sold 5,041 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $27.97, for a total value of $140,996.77. Following the transaction, the vice president now directly owns 514,905 shares of the company’s stock, valued at approximately $14,401,892.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 7.10% of the company’s stock.

Shares of Federated Investors, Inc. (NYSE FII) opened at 31.57 on Friday. The stock has a market capitalization of $3.08 billion, a P/E ratio of 15.03 and a beta of 1.45. Federated Investors, Inc. has a 52-week low of $24.52 and a 52-week high of $31.81. The company has a 50 day moving average price of $29.31 and a 200-day moving average price of $27.77.

Federated Investors (NYSE:FII) last released its earnings results on Thursday, July 27th. The asset manager reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.03. Federated Investors had a net margin of 18.91% and a return on equity of 33.93%. The business had revenue of $272.80 million for the quarter, compared to analyst estimates of $278.51 million. During the same period last year, the company posted $0.51 EPS. The business’s revenue was down 4.8% on a year-over-year basis. On average, analysts predict that Federated Investors, Inc. will post $2.07 earnings per share for the current fiscal year.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Federated Investors from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Tuesday, July 4th. Royal Bank Of Canada assumed coverage on Federated Investors in a research report on Thursday, June 29th. They issued a “sector perform” rating and a $27.00 target price on the stock. BidaskClub downgraded Federated Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Deutsche Bank AG assumed coverage on Federated Investors in a research report on Tuesday. They issued a “hold” rating and a $31.00 target price on the stock. Finally, Credit Suisse Group decreased their target price on Federated Investors from $29.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, August 11th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Federated Investors presently has an average rating of “Hold” and a consensus price target of $28.13.

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About Federated Investors

Federated Investors, Inc (Federated) is a provider of investment management products and related financial services. Federated operates through investment management business segment. It is engaged in sponsoring, marketing and providing investment-related services to various investment products, including mutual funds and Separate Accounts, which include separately managed accounts, institutional accounts, sub-advised funds and other managed products.

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Institutional Ownership by Quarter for Federated Investors (NYSE:FII)

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