Federated Investors Inc (FII) Shares Bought by AMP Capital Investors Ltd

AMP Capital Investors Ltd increased its stake in shares of Federated Investors Inc (NYSE:FII) by 21.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,420 shares of the asset manager’s stock after acquiring an additional 9,800 shares during the period. AMP Capital Investors Ltd owned about 0.06% of Federated Investors worth $2,036,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FII. Bremer Trust National Association acquired a new stake in shares of Federated Investors during the fourth quarter worth $209,000. First Allied Advisory Services Inc. acquired a new stake in shares of Federated Investors during the fourth quarter worth $213,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Federated Investors during the fourth quarter worth $215,000. FinTrust Investment Advisory Services LLC acquired a new stake in shares of Federated Investors during the fourth quarter worth $216,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Federated Investors by 34.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,025 shares of the asset manager’s stock worth $217,000 after acquiring an additional 1,541 shares during the period. Institutional investors and hedge funds own 85.17% of the company’s stock.

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In other news, Director Gordon J. Ceresino sold 4,487 shares of Federated Investors stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $34.20, for a total value of $153,455.40. Following the completion of the transaction, the director now owns 194,221 shares of the company’s stock, valued at approximately $6,642,358.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Peter J. Germain sold 1,294 shares of Federated Investors stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $34.27, for a total transaction of $44,345.38. Following the completion of the transaction, the executive vice president now directly owns 75,473 shares of the company’s stock, valued at approximately $2,586,459.71. The disclosure for this sale can be found here. In the last three months, insiders sold 27,457 shares of company stock valued at $956,416. Insiders own 7.10% of the company’s stock.

FII has been the topic of a number of research analyst reports. Royal Bank of Canada set a $31.00 price objective on shares of Federated Investors and gave the stock a “hold” rating in a report on Friday, December 15th. JPMorgan Chase & Co. downgraded shares of Federated Investors from a “neutral” rating to an “underweight” rating and set a $31.00 target price for the company. in a research report on Monday, January 8th. Zacks Investment Research raised shares of Federated Investors from a “hold” rating to a “strong-buy” rating and set a $41.00 target price for the company in a research report on Thursday, January 4th. ValuEngine raised shares of Federated Investors from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Finally, Citigroup raised shares of Federated Investors from a “sell” rating to a “neutral” rating in a research report on Monday, March 5th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $31.63.

FII stock opened at $32.35 on Friday. The firm has a market cap of $3,456.99, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.34 and a beta of 1.36. Federated Investors Inc has a 12-month low of $25.10 and a 12-month high of $36.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.39 and a quick ratio of 2.98.

Federated Investors (NYSE:FII) last released its earnings results on Thursday, January 25th. The asset manager reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. Federated Investors had a net margin of 26.42% and a return on equity of 33.23%. The business had revenue of $278.31 million during the quarter, compared to the consensus estimate of $283.45 million. During the same quarter last year, the firm earned $0.52 earnings per share. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. equities analysts forecast that Federated Investors Inc will post 2.77 EPS for the current year.

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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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