Notable Runner: Could Federated Investors Inc See a Reversal After This Very Weak Session?

Notable Runner: Could Federated Investors Inc See a Reversal After This Very Weak Session?

The stock of Federated Investors Inc (NYSE:FII) is a huge mover today! About 311,731 shares traded hands. Federated Investors Inc (NYSE:FII) has risen 4.06% since March 4, 2016 and is uptrending. It has underperformed by 3.98% the S&P500.
The move comes after 7 months negative chart setup for the $2.96 billion company. It was reported on Oct, 7 by Barchart.com. We have $26.41 PT which if reached, will make NYSE:FII worth $207.20M less.

Analysts await Federated Investors Inc (NYSE:FII) to report earnings on October, 27. They expect $0.51 EPS, up 21.43% or $0.09 from last year’s $0.42 per share. FII’s profit will be $53.12 million for 13.93 P/E if the $0.51 EPS becomes a reality. After $0.53 actual EPS reported by Federated Investors Inc for the previous quarter, Wall Street now forecasts -3.77% negative EPS growth.

Federated Investors Inc (NYSE:FII) Ratings Coverage

Out of 7 analysts covering Federated Investors (NYSE:FII), 2 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 29% are positive. Federated Investors has been the topic of 11 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Federated Investors Inc (NYSE:FII) has “Buy” rating given on Monday, July 11 by Jefferies. The stock of Federated Investors Inc (NYSE:FII) earned “Buy” rating by Argus Research on Monday, October 26. The firm has “Market Perform” rating by Wood given on Thursday, September 3. RBC Capital Markets maintained Federated Investors Inc (NYSE:FII) on Monday, October 26 with “Underperform” rating. Argus Research maintained the shares of FII in a report on Friday, January 29 with “Buy” rating. The stock of Federated Investors Inc (NYSE:FII) earned “Underweight” rating by JP Morgan on Thursday, April 7.

According to Zacks Investment Research, “Federated Investors, Inc. is a provider of investment management and related financial services. Federated sponsors, markets and provides investment advisory, distribution and administrative services primarily to mutual funds. These funds are offered through banks, broker/dealers and other financial intermediaries who use them to meet the needs of their customers; these customers include retail investors, corporations, and retirement plans.”

Insitutional Activity: The institutional sentiment increased to 1.35 in Q2 2016. Its up 0.25, from 1.1 in 2016Q1. The ratio improved, as 24 funds sold all Federated Investors Inc shares owned while 82 reduced positions. 40 funds bought stakes while 103 increased positions. They now own 73.22 million shares or 2.90% less from 75.40 million shares in 2016Q1.
Gsa Cap Prtn Llp has 0.02% invested in the company for 11,509 shares. Boston holds 137,712 shares or 0.01% of its portfolio. Burgundy Asset Mgmt Limited last reported 1.62M shares in the company. Dimensional Fund Advisors Limited Partnership, a Texas-based fund reported 1.75 million shares. Bowling Port Management Ltd accumulated 174,250 shares or 0.82% of the stock. The Michigan-based Schwartz Counsel has invested 0.11% in Federated Investors Inc (NYSE:FII). Davenport And Limited owns 152,466 shares or 0% of their US portfolio. Alliancebernstein L P holds 0% or 59,917 shares in its portfolio. West Oak Ltd Liability Corp has invested 0% of its portfolio in Federated Investors Inc (NYSE:FII). Moreover, Bremer Trust Natl Association has 0.06% invested in Federated Investors Inc (NYSE:FII) for 7,151 shares. Sei Invs Company last reported 0% of its portfolio in the stock. Envestnet Asset Mgmt has invested 0% of its portfolio in Federated Investors Inc (NYSE:FII). Wharton Business Group Inc Limited Liability Co last reported 0.33% of its portfolio in the stock. Vanguard Group Inc last reported 7.06 million shares in the company. Bokf Na accumulated 0.02% or 23,873 shares.

Insider Transactions: Since May 17, 2016, the stock had 0 insider purchases, and 7 sales for $1.98 million net activity. The insider DONAHUE THOMAS R sold $1.86M. On Tuesday, May 17 the insider Novak Richard A sold $68,156. The insider Van Meter Stephen sold $2,531. Uhlman Paul A sold $3,316 worth of Federated Investors Inc (NYSE:FII) on Tuesday, August 2. FISHER JOHN B sold $26,549 worth of stock or 840 shares. 525 shares with value of $16,602 were sold by Territ Thomas E on Tuesday, August 2.

More notable recent Federated Investors Inc (NYSE:FII) news were published by: Prnewswire.com which released: “Federated Investors, Inc. Announces Third Quarter 2016 Earnings and Conference …” on October 06, 2016, also Forbes.com with their article: “RSI Alert: Federated Investors Now Oversold” published on September 26, 2016, Prnewswire.com published: “Federated Investors, Inc. Announces Second Quarter 2016 Earnings and …” on July 07, 2016. More interesting news about Federated Investors Inc (NYSE:FII) were released by: Prnewswire.com and their article: “Federated Investors, Inc. Appoints New Head of Sales” published on May 16, 2016 as well as Fool.com‘s news article titled: “Federated Investors Ride the Rebound of the Company’s Money-Markets Business …” with publication date: August 12, 2016.

FII Company Profile

Federated Investors, Inc. (Federated), incorporated on October 18, 1957, is a well-known provider of investment management products and related financial services. The Firm 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, in both domestic and international markets. It operates in one segment, the investment management business.

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