What Will Happen to Federated Investors, Inc. (FII) Next? The Stock Formed a Several Months Double Top

February 15, 2018 - By Peter Erickson

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.06, from 1.19 in 2017Q2. It dived, as 24 investors sold Federated Investors, Inc. shares while 76 reduced holdings. 31 funds opened positions while 82 raised stakes. 79.48 million shares or 2.20% more from 77.77 million shares in 2017Q2 were reported.
Northwestern Mutual Wealth Mgmt Com has invested 0% in Federated Investors, Inc. (NYSE:FII). Schroder Inv Management Gp invested in 0.1% or 1.95M shares. Convergence Ptnrs Lc reported 55,143 shares. Anchor Cap Advsrs Limited holds 0.74% or 687,554 shares in its portfolio. 10,132 are owned by Price T Rowe Associate Md. James Invest Rech Inc reported 0.06% of its portfolio in Federated Investors, Inc. (NYSE:FII). Moreover, Fuller Thaler Asset Mgmt has 0% invested in Federated Investors, Inc. (NYSE:FII) for 1,775 shares. Gemmer Asset Ltd Limited Liability Company stated it has 0% in Federated Investors, Inc. (NYSE:FII). Virginia Retirement Et Al holds 36,600 shares or 0.01% of its portfolio. Oppenheimer Asset Management has 140 shares for 0% of their portfolio. Continental Ltd Co reported 154,885 shares. 352,312 are held by Aqr Cap Management Limited Liability Com. Schwartz Invest Counsel Inc owns 101,800 shares or 0.19% of their US portfolio. Utah Retirement has 17,346 shares for 0.01% of their portfolio. Envestnet Asset Management Inc reported 18,641 shares.

Since December 14, 2017, it had 0 buys, and 2 selling transactions for $1.39 million activity. $1.04 million worth of Federated Investors, Inc. (NYSE:FII) was sold by DONAHUE THOMAS R.

The chart of Federated Investors, Inc. (FII) shows a double top with $34.78 target or 4.00 % above today’s $33.44 share price. The 6 months chart pattern indicates low risk for the $3.37B company. It was reported on Feb, 15 by Finviz.com. If the $34.78 price target is reached, the company will be worth $134.96M more. Double tops are rare but powerful chart patterns.

The stock decreased 0.33% or $0.11 during the last trading session, reaching $33.44. About 539,762 shares traded. Federated Investors, Inc. (NYSE:FII) has declined 14.01% since February 15, 2017 and is downtrending. It has underperformed by 30.71% the S&P500.

Federated Investors, Inc. (NYSE:FII) Ratings Coverage

Among 10 analysts covering Federated Investors (NYSE:FII), 0 have Buy rating, 4 Sell and 6 Hold. Therefore 0 are positive. Federated Investors had 39 analyst reports since July 28, 2015 according to SRatingsIntel. JP Morgan downgraded Federated Investors, Inc. (NYSE:FII) on Monday, January 8 to “Underweight” rating. The firm has “Sell” rating by Keefe Bruyette & Woods given on Friday, September 1. On Wednesday, June 28 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating by Wood given on Wednesday, April 5. As per Monday, June 5, the company rating was downgraded by Citigroup. The firm earned “Hold” rating on Friday, July 28 by RBC Capital Markets. Jefferies maintained the stock with “Hold” rating in Monday, September 25 report. The firm has “Market Perform” rating by Wood given on Thursday, September 3. The firm earned “Sell” rating on Tuesday, October 31 by Citigroup. RBC Capital Markets maintained the stock with “Underperform” rating in Monday, October 26 report.

More recent Federated Investors, Inc. (NYSE:FII) news were published by: Nasdaq.com which released: “Federated Investors, Inc Reveals Rise In Q4 Earnings” on January 25, 2018. Also Prnewswire.com published the news titled: “Federated Investors, Inc. Reports Fourth Quarter and Full-Year 2017 Earnings” on January 25, 2018. Prnewswire.com‘s news article titled: “Month-End Portfolio Data Now Available for Federated Premier Municipal Income Fund” with publication date: February 15, 2018 was also an interesting one.

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