Community Bank & Trust Waco Texas boosted its stake in shares of Federated Investors Inc (NYSE:FII) by 46.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,708 shares of the asset manager’s stock after purchasing an additional 7,252 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in Federated Investors were worth $819,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Bessemer Group Inc. bought a new stake in Federated Investors during the third quarter worth approximately $126,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Federated Investors by 8.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,484 shares of the asset manager’s stock valued at $127,000 after acquiring an additional 358 shares during the period. Bremer Trust National Association bought a new stake in shares of Federated Investors in the fourth quarter valued at approximately $209,000. Advisory Services Network LLC boosted its position in shares of Federated Investors by 9.4% in the second quarter. Advisory Services Network LLC now owns 5,968 shares of the asset manager’s stock valued at $169,000 after acquiring an additional 511 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. bought a new stake in shares of Federated Investors in the second quarter valued at approximately $176,000. 85.11% of the stock is owned by hedge funds and other institutional investors.

Shares of Federated Investors Inc (FII) traded down $0.58 during midday trading on Wednesday, hitting $34.56. The company had a trading volume of 1,484,300 shares, compared to its average volume of 1,036,280. The company has a quick ratio of 1.89, a current ratio of 3.33 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $3,545.77, a price-to-earnings ratio of 16.46, a price-to-earnings-growth ratio of 1.35 and a beta of 1.56. Federated Investors Inc has a twelve month low of $24.93 and a twelve month high of $36.67.

Federated Investors (NYSE:FII) last issued its earnings results on Thursday, October 26th. The asset manager reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. Federated Investors had a return on equity of 34.54% and a net margin of 19.32%. The business had revenue of $278.32 million during the quarter, compared to analyst estimates of $278.51 million. During the same period in the prior year, the company posted $0.54 earnings per share. Federated Investors’s revenue was down 5.5% on a year-over-year basis. equities analysts anticipate that Federated Investors Inc will post 2.16 EPS for the current year.

In other Federated Investors news, CFO Thomas R. Donahue sold 30,000 shares of the stock in a transaction on 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 transaction, the chief financial officer now directly owns 634,044 shares in the company, valued at $22,058,390.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John B. Fisher sold 6,460 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $31.49, for a total value of $203,425.40. Following the transaction, the vice president now owns 508,445 shares of the company’s stock, valued at $16,010,933.05. The disclosure for this sale can be found here. Insiders have sold 47,430 shares of company stock valued at $1,636,457 over the last quarter. Corporate insiders own 7.10% of the company’s stock.

FII has been the subject of several research reports. JPMorgan Chase & Co. cut Federated Investors from a “neutral” rating to an “underweight” rating and set a $31.00 price objective for the company. in a research report on Monday, January 8th. Citigroup increased their price objective on Federated Investors from $22.00 to $24.00 and gave the company a “sell” rating in a research report on Tuesday, October 31st. Zacks Investment Research raised Federated Investors from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, October 31st. Royal Bank of Canada set a $29.00 target price on Federated Investors and gave the company a “hold” rating in a research note on Friday, October 27th. Finally, ValuEngine upgraded Federated Investors from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $30.75.

COPYRIGHT VIOLATION NOTICE: “Federated Investors Inc (FII) Holdings Raised by Community Bank & Trust Waco Texas” was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at https://theolympiareport.com/2018/01/17/federated-investors-inc-fii-holdings-raised-by-community-bank-trust-waco-texas.html.

Federated Investors Company Profile

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.

Want to see what other hedge funds are holding FII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federated Investors Inc (NYSE:FII).

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

Receive News & Ratings for Federated Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federated Investors and related companies with MarketBeat.com's FREE daily email newsletter.