Analysts See $0.66 EPS for Federated Investors, Inc. (FII); Mount Lucas Management LP Has Lowered Everest Re Group LTD (RE) Holding

April 17, 2018 - By Michael Leger

Everest Re Group, Ltd. (NYSE:RE) Logo

Mount Lucas Management Lp decreased Everest Re Group Ltd (RE) stake by 4.33% reported in 2017Q4 SEC filing. Mount Lucas Management Lp sold 1,858 shares as Everest Re Group Ltd (RE)’s stock rose 14.50%. The Mount Lucas Management Lp holds 41,036 shares with $9.08M value, down from 42,894 last quarter. Everest Re Group Ltd now has $10.25 billion valuation. The stock increased 0.69% or $1.73 during the last trading session, reaching $250.92. About 280,483 shares traded. Everest Re Group, Ltd. (NYSE:RE) has risen 8.17% since April 17, 2017 and is uptrending. It has underperformed by 3.38% the S&P500.

Analysts expect Federated Investors, Inc. (NYSE:FII) to report $0.66 EPS on April, 26 after the close.They anticipate $0.17 EPS change or 34.69% from last quarter’s $0.49 EPS. FII’s profit would be $66.65M giving it 11.86 P/E if the $0.66 EPS is correct. After having $0.61 EPS previously, Federated Investors, Inc.’s analysts see 8.20% EPS growth. The stock decreased 2.37% or $0.76 during the last trading session, reaching $31.32. About 1.21 million shares traded or 2.18% up from the average. Federated Investors, Inc. (NYSE:FII) has risen 27.78% since April 17, 2017 and is uptrending. It has outperformed by 16.23% the S&P500.

Since December 14, 2017, it had 0 insider purchases, and 8 insider sales for $2.07 million activity. $153,438 worth of Federated Investors, Inc. (NYSE:FII) was sold by Ceresino Gordon J. Van Meter Stephen sold $2,087 worth of Federated Investors, Inc. (NYSE:FII) on Tuesday, March 6. $11,595 worth of stock was sold by Novak Richard A on Tuesday, March 6. $1.04M worth of stock was sold by DONAHUE THOMAS R on Thursday, December 14. On Tuesday, January 2 the insider Germain Peter J sold $347,895. $399,149 worth of Federated Investors, Inc. (NYSE:FII) shares were sold by FISHER JOHN B. 2,117 Federated Investors, Inc. (NYSE:FII) shares with value of $72,277 were sold by Uhlman Paul A.

Among 10 analysts covering Federated Investors (NYSE:FII), 0 have Buy rating, 3 Sell and 7 Hold. Therefore 0 are positive. Federated Investors had 44 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Friday, January 26. The stock of Federated Investors, Inc. (NYSE:FII) has “Hold” rating given on Thursday, August 17 by Jefferies. As per Monday, September 25, the company rating was maintained by Jefferies. Keefe Bruyette & Woods maintained Federated Investors, Inc. (NYSE:FII) on Friday, September 1 with “Sell” rating. The firm has “Hold” rating by RBC Capital Markets given on Friday, July 28. Jefferies maintained the shares of FII in report on Wednesday, January 10 with “Hold” rating. On Tuesday, October 31 the stock rating was maintained by Citigroup with “Sell”. The company was maintained on Wednesday, July 5 by Keefe Bruyette & Woods. The stock has “Sell” rating by Citigroup on Monday, June 5. The company was maintained on Wednesday, June 28 by Jefferies.

Federated Investors, Inc. is a publicly owned asset management holding company. The company has market cap of $3.16 billion. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. It has a 10.91 P/E ratio. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios.

Investors sentiment increased to 1.2 in Q4 2017. Its up 0.07, from 1.13 in 2017Q3. It is positive, as 17 investors sold Federated Investors, Inc. shares while 89 reduced holdings. 44 funds opened positions while 83 raised stakes. 76.77 million shares or 3.41% less from 79.48 million shares in 2017Q3 were reported. M&T Bancshares owns 42,671 shares. Goldman Sachs Grp invested in 0.01% or 755,949 shares. Crawford Investment Counsel reported 69,572 shares. S&T Bank Pa owns 379,463 shares. First Trust Advisors Lp has 0.04% invested in Federated Investors, Inc. (NYSE:FII). Utah Retirement System accumulated 17,646 shares. Fny Managed Accounts Limited has invested 0% in Federated Investors, Inc. (NYSE:FII). New York-based Ny State Teachers Retirement has invested 0.01% in Federated Investors, Inc. (NYSE:FII). Janney Montgomery Scott Ltd Liability Corporation invested in 0.04% or 119,336 shares. Cipher Cap Lp owns 10,803 shares for 0.03% of their portfolio. Capital Mgmt Va accumulated 2.89% or 295,320 shares. North Star Asset Management Incorporated reported 22,160 shares. Winfield Assoc reported 60 shares stake. The Michigan-based State Treasurer State Of Michigan has invested 0.01% in Federated Investors, Inc. (NYSE:FII). Alaska-based State Of Alaska Department Of Revenue has invested 0.01% in Federated Investors, Inc. (NYSE:FII).

Mount Lucas Management Lp increased Ishares Msci Sweden Etf (EWD) stake by 10,728 shares to 138,617 valued at $4.70M in 2017Q4. It also upped Ishares Msci Brazil Etf (EWZ) stake by 9,393 shares and now owns 118,224 shares. Global X Msci Greece Etf (GREK) was raised too.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.33, from 1.13 in 2017Q3. It fall, as 57 investors sold RE shares while 152 reduced holdings. 59 funds opened positions while 108 raised stakes. 36.17 million shares or 1.97% less from 36.90 million shares in 2017Q3 were reported. Mackenzie Fincl holds 58,687 shares. Suntrust Banks reported 0.01% stake. Envestnet Asset reported 3,425 shares or 0% of all its holdings. Ellington Mgmt Gp Ltd Company holds 0.11% or 3,000 shares in its portfolio. Bnp Paribas Arbitrage invested in 0.01% or 19,121 shares. Stifel Corporation owns 0% invested in Everest Re Group, Ltd. (NYSE:RE) for 4,151 shares. Deprince Race Zollo has invested 0.43% in Everest Re Group, Ltd. (NYSE:RE). Tradition Mngmt Ltd Liability reported 0.14% stake. Legal And General Gp Public Limited Liability Corp owns 277,361 shares. Renaissance Tech Ltd Co reported 31,300 shares stake. California-based Schwab Charles Investment Mgmt has invested 0.04% in Everest Re Group, Ltd. (NYSE:RE). Cipher Cap LP owns 10,733 shares for 0.19% of their portfolio. Centurylink Invest accumulated 5,655 shares. Natixis accumulated 11,964 shares. Sumitomo Mitsui Asset Management Limited stated it has 0.01% of its portfolio in Everest Re Group, Ltd. (NYSE:RE).

Analysts await Everest Re Group, Ltd. (NYSE:RE) to report earnings on April, 25 after the close. They expect $5.84 EPS, down 7.15% or $0.45 from last year’s $6.29 per share. RE’s profit will be $238.52 million for 10.74 P/E if the $5.84 EPS becomes a reality. After $13.48 actual EPS reported by Everest Re Group, Ltd. for the previous quarter, Wall Street now forecasts -56.68% negative EPS growth.

Among 9 analysts covering Everest Re Group Ltd (NYSE:RE), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Everest Re Group Ltd had 26 analyst reports since July 30, 2015 according to SRatingsIntel. Goldman Sachs upgraded the shares of RE in report on Tuesday, November 15 to “Neutral” rating. Keefe Bruyette & Woods upgraded Everest Re Group, Ltd. (NYSE:RE) rating on Monday, November 27. Keefe Bruyette & Woods has “Hold” rating and $216.0 target. The rating was maintained by Deutsche Bank with “Buy” on Thursday, May 12. Macquarie Research downgraded Everest Re Group, Ltd. (NYSE:RE) on Tuesday, January 17 to “Underperform” rating. Barclays Capital maintained Everest Re Group, Ltd. (NYSE:RE) rating on Tuesday, October 25. Barclays Capital has “Overweight” rating and $220 target. Wells Fargo maintained the shares of RE in report on Monday, July 24 with “Hold” rating. UBS maintained the stock with “Neutral” rating in Monday, November 6 report. Keefe Bruyette & Woods downgraded the stock to “Sell” rating in Monday, July 17 report. Barclays Capital maintained it with “Overweight” rating and $290 target in Tuesday, February 20 report. Keefe Bruyette & Woods maintained it with “Sell” rating and $230.0 target in Thursday, October 12 report.

Federated Investors, Inc. (NYSE:FII) Institutional Positions Chart

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