Federated Investors, Inc. (FII) Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. raised its position in Federated Investors, Inc. (NYSE:FII) by 19.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 344,964 shares of the asset manager’s stock after buying an additional 56,962 shares during the period. Ameriprise Financial Inc.’s holdings in Federated Investors were worth $9,087,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Engineers Gate Manager LP raised its position in shares of Federated Investors by 163.4% in the first quarter. Engineers Gate Manager LP now owns 39,053 shares of the asset manager’s stock worth $1,029,000 after buying an additional 24,224 shares during the period. IMS Capital Management raised its position in shares of Federated Investors by 27.5% in the first quarter. IMS Capital Management now owns 82,967 shares of the asset manager’s stock worth $2,185,000 after buying an additional 17,904 shares during the period. Neuburgh Advisers LLC raised its position in shares of Federated Investors by 12.7% in the first quarter. Neuburgh Advisers LLC now owns 6,052 shares of the asset manager’s stock worth $159,000 after buying an additional 680 shares during the period. TD Asset Management Inc. raised its position in shares of Federated Investors by 25.3% in the first quarter. TD Asset Management Inc. now owns 27,004 shares of the asset manager’s stock worth $711,000 after buying an additional 5,450 shares during the period. Finally, Karp Capital Management Corp acquired a new position in shares of Federated Investors during the first quarter worth about $550,000. Institutional investors own 85.78% of the company’s stock.

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

Shares of Federated Investors, Inc. (FII) opened at 27.76 on Tuesday. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of 13.34 and a beta of 1.44. The stock has a 50 day moving average price of $26.38 and a 200 day moving average price of $26.88. Federated Investors, Inc. has a one year low of $24.52 and a one year high of $33.13.

Federated Investors (NYSE:FII) last released its quarterly earnings results on Thursday, April 27th. The asset manager reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.02. Federated Investors had a return on equity of 33.32% and a net margin of 18.62%. The firm had revenue of $273.50 million during the quarter, compared to analysts’ expectations of $290.19 million. During the same period last year, the firm posted $0.44 EPS. The business’s revenue was up .5% on a year-over-year basis. On average, equities research analysts forecast that Federated Investors, Inc. will post $2.00 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Federated Investors, Inc. (FII) Shares Bought by Ameriprise Financial Inc.” was first reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/2654638/federated-investors-inc-fii-shares-bought-by-ameriprise-financial-inc.html.

A number of brokerages have issued reports on FII. BidaskClub upgraded Federated Investors from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Investment Research lowered Federated Investors from a “buy” rating to a “hold” rating in a research report on Monday, June 12th. Citigroup Inc. lowered Federated Investors from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $26.00 to $24.00 in a research report on Monday, June 5th. ValuEngine lowered Federated Investors from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Keefe, Bruyette & Woods reiterated a “sell” rating and set a $26.00 price target on shares of Federated Investors in a research report on Thursday, June 1st. Two analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Federated Investors has a consensus rating of “Hold” and a consensus price target of $23.83.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FII”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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).

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

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.