News coverage about Federated Investors (NYSE:FII) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Federated Investors earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 45.5399050027559 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Och-Ziff Capital Management (OZM) in Focus: Stock Moves 5.1% Higher (finance.yahoo.com)
- $0.58 Earnings Per Share Expected for Federated Investors, Inc. (FII) This Quarter (americanbankingnews.com)
- Bull market could have the S&P up another 11% next year, Federated Investors says (cnbc.com)
- Royal Bank of Canada Reiterates “Hold” Rating for Federated Investors (FII) (americanbankingnews.com)
- Insider Selling: Federated Investors, Inc. (FII) CFO Sells 30,000 Shares of Stock (americanbankingnews.com)
Several analysts have commented on FII shares. Zacks Investment Research upgraded shares of Federated Investors from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Tuesday, September 12th. ValuEngine upgraded shares of Federated Investors from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Argus cut shares of Federated Investors from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Royal Bank of Canada set a $29.00 price target on shares of Federated Investors and gave the stock a “hold” rating in a research note on Friday, October 27th. Finally, Deutsche Bank started coverage on shares of Federated Investors in a research note on Tuesday, October 17th. They issued a “hold” rating and a $31.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. Federated Investors has a consensus rating of “Hold” and a consensus price target of $29.00.
Federated Investors (NYSE:FII) last announced its earnings results on Thursday, October 26th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.03. The firm had revenue of $278.32 million for the quarter, compared to analysts’ expectations of $278.51 million. Federated Investors had a net margin of 19.32% and a return on equity of 34.54%. The business’s revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.54 EPS. equities analysts forecast that Federated Investors will post 2.15 EPS for the current fiscal year.
In related news, VP John B. Fisher sold 6,460 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $31.49, for a total value of $203,425.40. Following the sale, the vice president now directly owns 508,445 shares of the company’s stock, valued at approximately $16,010,933.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Thomas R. Donahue sold 30,000 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $34.79, for a total transaction of $1,043,700.00. Following the completion of the sale, the chief financial officer now directly owns 634,044 shares in the company, valued at $22,058,390.76. The disclosure for this sale can be found here. Insiders have sold a total of 37,776 shares of company stock worth $1,288,527 over the last 90 days. Corporate insiders own 7.10% of the company’s stock.
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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