Federated Investors (FII) Earning Somewhat Favorable Press Coverage, Study Shows

News stories about Federated Investors (NYSE:FII) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Federated Investors earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.4876435074119 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

Shares of Federated Investors (NYSE FII) opened at 26.74 on Friday. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 12.73 and a beta of 1.42. Federated Investors has a 1-year low of $24.52 and a 1-year high of $33.13. The company has a 50 day moving average of $28.39 and a 200 day moving average of $27.02.

Federated Investors (NYSE:FII) last announced its quarterly earnings results on Thursday, July 27th. The asset manager reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03. The firm had revenue of $272.80 million during the quarter, compared to analysts’ expectations of $278.51 million. Federated Investors had a net margin of 18.91% and a return on equity of 33.93%. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.51 earnings per share. On average, equities analysts forecast that Federated Investors will post $2.05 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 8th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend was Friday, August 4th. Federated Investors’s dividend payout ratio (DPR) is 48.08%.

Several equities analysts have weighed in on the stock. BidaskClub cut shares of Federated Investors from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Credit Suisse Group lowered their price objective on shares of Federated Investors from $29.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, August 11th. Keefe, Bruyette & Woods reiterated a “sell” rating and set a $27.00 price objective on shares of Federated Investors in a research report on Thursday, August 3rd. Royal Bank Of Canada set a $28.00 price objective on shares of Federated Investors and gave the stock a “hold” rating in a research report on Friday, July 28th. Finally, Zacks Investment Research cut shares of Federated Investors from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $24.71.

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In other Federated Investors news, VP John B. Fisher sold 5,041 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $27.97, for a total value of $140,996.77. Following the transaction, the vice president now directly owns 514,905 shares of the company’s stock, valued at approximately $14,401,892.85. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Richard A. Novak sold 2,700 shares of the firm’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $27.70, for a total transaction of $74,790.00. Following the completion of the transaction, the insider now directly owns 44,741 shares in the company, valued at $1,239,325.70. The disclosure for this sale can be found here. Insiders sold a total of 8,875 shares of company stock valued at $246,998 in the last quarter. Corporate insiders own 7.10% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Federated Investors (NYSE:FII)

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