LSV Asset Management raised its position in Federated Investors Inc (NYSE:FII) by 54.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,500 shares of the asset manager’s stock after purchasing an additional 31,600 shares during the period. LSV Asset Management’s holdings in Federated Investors were worth $3,229,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Great West Life Assurance Co. Can lifted its holdings in Federated Investors by 31.0% in the 3rd quarter. Great West Life Assurance Co. Can now owns 4,664,052 shares of the asset manager’s stock valued at $139,191,000 after purchasing an additional 1,104,213 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Federated Investors by 9.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,841,818 shares of the asset manager’s stock valued at $84,403,000 after purchasing an additional 238,363 shares in the last quarter. State Street Corp lifted its holdings in Federated Investors by 2.1% in the 2nd quarter. State Street Corp now owns 2,723,154 shares of the asset manager’s stock valued at $76,930,000 after purchasing an additional 56,121 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Federated Investors by 6.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,393,060 shares of the asset manager’s stock valued at $71,073,000 after purchasing an additional 144,816 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in Federated Investors by 8.2% in the 3rd quarter. Schroder Investment Management Group now owns 1,945,324 shares of the asset manager’s stock valued at $58,282,000 after purchasing an additional 147,998 shares in the last quarter. Institutional investors own 85.45% of the company’s stock.

A number of research analysts have issued reports on FII shares. Deutsche Bank started coverage on shares of Federated Investors in a report on Tuesday, October 17th. They issued a “hold” rating and a $31.00 target price on the stock. Keefe, Bruyette & Woods restated a “sell” rating and issued a $31.00 target price on shares of Federated Investors in a report on Wednesday, November 1st. Zacks Investment Research lowered shares of Federated Investors from a “buy” rating to a “hold” rating in a report on Monday, October 30th. Argus lowered shares of Federated Investors from a “buy” rating to a “hold” rating in a report on Monday, October 30th. Finally, ValuEngine upgraded shares of Federated Investors from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Four research analysts have rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Federated Investors currently has an average rating of “Hold” and a consensus price target of $31.50.

In related news, CFO Thomas R. Donahue sold 30,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were 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 owns 634,044 shares of the company’s stock, valued at approximately $22,058,390.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Peter J. Germain sold 9,654 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $36.04, for a total transaction of $347,930.16. Following the sale, the executive vice president now directly owns 68,987 shares of the company’s stock, valued at approximately $2,486,291.48. The disclosure for this sale can be found here. Corporate insiders own 7.10% of the company’s stock.

Federated Investors Inc (FII) opened at $32.99 on Wednesday. Federated Investors Inc has a one year low of $24.93 and a one year high of $36.76. The company has a current ratio of 3.39, a quick ratio of 1.89 and a debt-to-equity ratio of 0.22. The company has a market cap of $3,267.27, a PE ratio of 11.42, a PEG ratio of 1.26 and a beta of 1.36.

Federated Investors (NYSE:FII) last posted its quarterly earnings data on Thursday, January 25th. The asset manager reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.03. Federated Investors had a net margin of 26.42% and a return on equity of 33.23%. The company had revenue of $278.31 million during the quarter, compared to the consensus estimate of $283.45 million. During the same quarter in the prior year, the company posted $0.52 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. sell-side analysts forecast that Federated Investors Inc will post 2.79 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 8th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Wednesday, February 7th. Federated Investors’s dividend payout ratio is currently 34.60%.

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Federated Investors 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.

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

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