Barings LLC Continues to Hold Stake in Federated Investors, Inc. (FII)

Barings LLC maintained its position in Federated Investors, Inc. (NYSE:FII) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,880 shares of the asset manager’s stock at the end of the 2nd quarter. Barings LLC’s holdings in Federated Investors were worth $1,261,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Federated Investors by 8.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,484 shares of the asset manager’s stock valued at $127,000 after purchasing an additional 358 shares in the last quarter. FNY Partners Fund LP purchased a new stake in shares of Federated Investors in the first quarter valued at approximately $131,000. Advisor Group Inc. grew its position in shares of Federated Investors by 9.9% in the second quarter. Advisor Group Inc. now owns 6,300 shares of the asset manager’s stock valued at $177,000 after purchasing an additional 565 shares in the last quarter. Huntington National Bank grew its position in shares of Federated Investors by 27.9% in the second quarter. Huntington National Bank now owns 6,587 shares of the asset manager’s stock valued at $186,000 after purchasing an additional 1,437 shares in the last quarter. Finally, Oxbow Advisors LLC purchased a new stake in shares of Federated Investors in the second quarter valued at approximately $203,000. Institutional investors and hedge funds own 82.90% of the company’s stock.

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In other Federated Investors news, VP John B. Fisher sold 5,041 shares of Federated Investors stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $27.97, for a total value of $140,996.77. Following the completion of the sale, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.10% of the stock is currently owned by insiders.

A number of equities research analysts have recently issued reports on FII shares. Zacks Investment Research upgraded Federated Investors from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Tuesday, September 12th. BidaskClub upgraded Federated Investors from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Royal Bank Of Canada set a $28.00 price target on Federated Investors and gave the company a “hold” rating in a research report on Friday, July 28th. Finally, Jefferies Group LLC restated a “hold” rating and issued a $30.00 price target (up from $29.00) on shares of Federated Investors in a research report on Tuesday. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $27.71.

Federated Investors, Inc. (NYSE FII) opened at 30.99 on Wednesday. The firm has a market capitalization of $3.02 billion, a PE ratio of 14.76 and a beta of 1.45. Federated Investors, Inc. has a 12-month low of $24.52 and a 12-month high of $31.15. The company has a 50-day moving average price of $28.31 and a 200-day moving average price of $27.50.

Federated Investors (NYSE:FII) last released its earnings results on Thursday, July 27th. The asset manager reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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%. Federated Investors’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS. On average, analysts predict that Federated Investors, Inc. will post $2.07 earnings per share for the current year.

About Federated Investors

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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