Federated Investors (NYSE:FII) : 2 brokerage houses believe that Federated Investors (NYSE:FII) is a Strong Buy at current levels. Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Hold with a rating of 3.2.
Federated Investors (NYSE:FII) : Currently there are 4 street experts covering Federated Investors (NYSE:FII) stock. The most bullish and bearish price target for the stock is $33 and $25 respectively for the short term. The average price target of all the analysts comes to $28.75. The estimated standard deviation from the target is $3.3.
Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm JP Morgan maintains its rating on Federated Investors (NYSE:FII). The rating major has initiated the coverage with underweight rating on the shares. The Analysts at JP Morgan raises the price target from $24 per share to $25 per share. The rating by the firm was issued on April 7, 2016.
Federated Investors (NYSE:FII): stock turned positive on Tuesday. Though the stock opened at $27.26, the bulls momentum made the stock top out at $27.45 level for the day. The stock recorded a low of $26.88 and closed the trading day at $27.45, in the green by 2.77%. The total traded volume for the day was 1,232,820. The stock had closed at $26.71 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Principal Accounting Officer) of Federated Investors Inc /Pa/, Novak Richard A had sold 2,200 shares worth of $68,156 in a transaction dated May 17, 2016. In this transaction, 2,200 shares were sold at $30.98 per share.
Federated Investors, Inc. (Federated) is a provider of investment management products and related financial services. The Company 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. Federateds principal source of revenue is investment advisory fee income earned by various domestic subsidiaries of Federated pursuant to investment advisory contracts with the investment products. Federated provides investment advisory services to 131 Federated-sponsored funds (the Federated Funds). It markets these funds to banks, brokers and dealers and other financial intermediaries who use them to meet the needs of their customers, including retail investors, corporations and retirement plans.