Federated Investors (NYSE:FII) : The consensus price target for Federated Investors (NYSE:FII) is $28.75 for the short term with a standard deviation of $3.3. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $25.
Other Equity analysts have also commented on the company shares. JP Morgan maintains their rating on the shares of Federated Investors (NYSE:FII). The current rating of the shares is Underweight. Equity Analysts at the Firm raises the price target to $25 per share from $24 per share. The rating by the firm was issued on April 7, 2016.
Federated Investors (NYSE:FII): stock turned positive on Thursday. Though the stock opened at $30.38, the bulls momentum made the stock top out at $30.62 level for the day. The stock recorded a low of $30.12 and closed the trading day at $30.52, in the green by 1.87%. The total traded volume for the day was 2,231,010. The stock had closed at $29.96 in the previous days trading.
The company shares have dropped -12.93% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $34.77 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $31.16 and the 200 Day Moving Average price is recorded at $28.58. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Novak Richard A, officer (Principal Accounting Officer) of Federated Investors Inc /Pa/, had unloaded 2,200 shares at an average price of $30.98 in a transaction dated on May 17, 2016. The total value of the transaction was worth $68,156.
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.