Wall Street brokerages expect Federated Investors Inc (NYSE:FII) to announce earnings per share (EPS) of $0.65 for the current quarter, Zacks reports. Two analysts have made estimates for Federated Investors’ earnings, with estimates ranging from $0.63 to $0.69. Federated Investors posted earnings per share of $0.59 during the same quarter last year, which suggests a positive year over year growth rate of 10.2%. The company is scheduled to issue its next earnings results on Thursday, October 24th.

According to Zacks, analysts expect that Federated Investors will report full year earnings of $2.48 per share for the current year, with EPS estimates ranging from $2.45 to $2.55. For the next year, analysts forecast that the firm will post earnings of $2.75 per share, with EPS estimates ranging from $2.56 to $2.95. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Federated Investors.

Federated Investors (NYSE:FII) last posted its quarterly earnings results on Thursday, July 25th. The asset manager reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. Federated Investors had a net margin of 19.16% and a return on equity of 27.29%. The business had revenue of $321.50 million during the quarter, compared to the consensus estimate of $317.81 million. During the same quarter last year, the firm posted $0.38 EPS. Federated Investors’s revenue was up 25.6% compared to the same quarter last year.

FII has been the subject of several research reports. JPMorgan Chase & Co. raised shares of Federated Investors from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $34.00 to $36.00 in a research report on Monday, June 10th. Citigroup lifted their price target on shares of Federated Investors from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Tuesday, July 9th. Zacks Investment Research downgraded shares of Federated Investors from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Finally, ValuEngine downgraded shares of Federated Investors from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Federated Investors currently has an average rating of “Hold” and a consensus target price of $30.71.

NYSE FII traded down $0.54 during mid-day trading on Friday, hitting $31.85. The company’s stock had a trading volume of 332,393 shares, compared to its average volume of 704,532. The company’s 50 day simple moving average is $33.30 and its 200 day simple moving average is $31.28. Federated Investors has a twelve month low of $22.14 and a twelve month high of $35.98. The company has a current ratio of 2.23, a quick ratio of 1.92 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 1.65 and a beta of 0.79.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 8th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date was Wednesday, August 7th. Federated Investors’s dividend payout ratio is 45.19%.

In other Federated Investors news, VP Paul A. Uhlman sold 40,000 shares of Federated Investors stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $35.15, for a total transaction of $1,406,000.00. Following the transaction, the vice president now directly owns 195,364 shares of the company’s stock, valued at approximately $6,867,044.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Paul A. Uhlman sold 1,007 shares of Federated Investors stock in a transaction on Monday, June 17th. The stock was sold at an average price of $31.82, for a total transaction of $32,042.74. Following the transaction, the vice president now directly owns 235,364 shares in the company, valued at $7,489,282.48. The disclosure for this sale can be found here. Insiders have sold a total of 41,338 shares of company stock worth $1,448,482 over the last ninety days. Insiders own 5.50% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC increased its position in shares of Federated Investors by 2,366.7% during the first quarter. Quadrant Capital Group LLC now owns 1,702 shares of the asset manager’s stock valued at $49,000 after buying an additional 1,633 shares during the period. Bremer Bank National Association purchased a new stake in Federated Investors in the first quarter worth approximately $61,000. FMR LLC boosted its stake in Federated Investors by 40.5% in the first quarter. FMR LLC now owns 2,266 shares of the asset manager’s stock worth $66,000 after buying an additional 653 shares in the last quarter. Signaturefd LLC boosted its stake in Federated Investors by 92.5% in the first quarter. Signaturefd LLC now owns 2,435 shares of the asset manager’s stock worth $71,000 after buying an additional 1,170 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Federated Investors by 49.4% during the first quarter. Parallel Advisors LLC now owns 2,751 shares of the asset manager’s stock valued at $81,000 after purchasing an additional 910 shares during the period. 80.08% of the stock is currently owned by hedge funds and other institutional investors.

About Federated Investors

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.

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Earnings History and Estimates for Federated Investors (NYSE:FII)

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