Federated Investors, Inc. (FII) Shares Sold by US Bancorp DE

US Bancorp DE decreased its stake in Federated Investors, Inc. (NYSE:FII) by 8.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,871 shares of the asset manager’s stock after selling 345 shares during the period. US Bancorp DE’s holdings in Federated Investors were worth $102,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Treasurer State of Michigan increased its stake in Federated Investors by 0.3% in the first quarter. State Treasurer State of Michigan now owns 37,600 shares of the asset manager’s stock worth $990,000 after buying an additional 100 shares during the last quarter. State of Alaska Department of Revenue increased its stake in Federated Investors by 5.3% in the first quarter. State of Alaska Department of Revenue now owns 7,810 shares of the asset manager’s stock worth $205,000 after buying an additional 390 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Federated Investors by 1.7% in the first quarter. Louisiana State Employees Retirement System now owns 23,400 shares of the asset manager’s stock worth $616,000 after buying an additional 400 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in Federated Investors by 1.2% in the first quarter. Oregon Public Employees Retirement Fund now owns 32,927 shares of the asset manager’s stock worth $867,000 after buying an additional 400 shares during the last quarter. Finally, Tyers Asset Management LLC increased its stake in Federated Investors by 12.7% in the first quarter. Tyers Asset Management LLC now owns 3,916 shares of the asset manager’s stock worth $103,000 after buying an additional 440 shares during the last quarter. Institutional investors own 84.95% of the company’s stock.

Shares of Federated Investors, Inc. (NYSE FII) opened at 27.76 on Tuesday. The company has a market cap of $2.72 billion, a PE ratio of 13.34 and a beta of 1.44. Federated Investors, Inc. has a 12 month low of $24.52 and a 12 month high of $33.13. The firm’s 50-day moving average is $26.42 and its 200-day moving average is $26.88.

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

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FII has been the subject of a number of recent research reports. Zacks Investment Research upgraded Federated Investors from a “sell” rating to a “hold” rating in a report on Wednesday, March 8th. J P Morgan Chase & Co raised shares of Federated Investors from an “underweight” rating to a “neutral” rating and set a $24.00 price target on the stock in a research report on Thursday, May 25th. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Federated Investors in a research report on Tuesday, April 4th. Jefferies Group LLC raised shares of Federated Investors from an “underperform” rating to a “hold” rating and set a $11.00 price target on the stock in a research report on Friday, March 24th. Finally, ValuEngine cut shares of Federated Investors from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $23.83.

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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