Federated Investors Inc (NYSE:FII) VP Meter Stephen Van sold 2,284 shares of Federated Investors stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $30.73, for a total transaction of $70,187.32. Following the sale, the vice president now directly owns 24,058 shares in the company, valued at approximately $739,302.34. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of FII traded up $0.01 during trading hours on Wednesday, reaching $30.72. 757,199 shares of the company traded hands, compared to its average volume of 868,912. Federated Investors Inc has a 12 month low of $22.06 and a 12 month high of $33.77. The company has a current ratio of 2.11, a quick ratio of 1.90 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 1.84 and a beta of 0.87.

Federated Investors (NYSE:FII) last posted its quarterly earnings data on Thursday, April 25th. The asset manager reported $0.54 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.02). Federated Investors had a return on equity of 27.79% and a net margin of 18.20%. The business had revenue of $307.10 million for the quarter, compared to the consensus estimate of $309.09 million. During the same period in the previous year, the firm earned $0.60 EPS. The company’s revenue was up 16.4% on a year-over-year basis. On average, research analysts forecast that Federated Investors Inc will post 2.45 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 3.52%. The ex-dividend date is Tuesday, May 7th. Federated Investors’s payout ratio is currently 45.19%.

A number of large investors have recently bought and sold shares of FII. Teachers Advisors LLC raised its holdings in Federated Investors by 3.6% in the third quarter. Teachers Advisors LLC now owns 191,177 shares of the asset manager’s stock worth $4,611,000 after buying an additional 6,693 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Federated Investors by 1.1% during the third quarter. Legal & General Group Plc now owns 133,651 shares of the asset manager’s stock valued at $3,224,000 after purchasing an additional 1,423 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Federated Investors by 6.0% during the fourth quarter. State of Alaska Department of Revenue now owns 12,803 shares of the asset manager’s stock valued at $339,000 after purchasing an additional 721 shares during the last quarter. Fox Run Management L.L.C. purchased a new position in shares of Federated Investors during the fourth quarter valued at approximately $291,000. Finally, Foundation Resource Management Inc. raised its holdings in shares of Federated Investors by 32.1% during the fourth quarter. Foundation Resource Management Inc. now owns 303,443 shares of the asset manager’s stock valued at $8,056,000 after purchasing an additional 73,677 shares during the last quarter. 86.04% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Federated Investors from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Bank of America set a $28.00 target price on shares of Federated Investors and gave the company a “sell” rating in a research note on Tuesday, April 9th. Finally, ValuEngine raised shares of Federated Investors from a “sell” rating to a “hold” rating in a research note on Thursday, February 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $27.50.

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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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