Federated Investors Company Profile (NYSE:FII)

About Federated Investors

Federated Investors logoFederated 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. It operates in one segment, the investment management business. Federated provides investment advisory services to over 120 Federated-sponsored funds (the Federated Funds). It markets these funds to banks, brokers and dealers and other financial intermediaries to meet the needs of their customers and clients, including retail investors, corporations and retirement plans. The Company offers a range of products and strategies, including money market, equity and fixed-income investments.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: FII
  • CUSIP: 31421110
Key Metrics:
  • Previous Close: $27.66
  • 50 Day Moving Average: $26.90
  • 200 Day Moving Average: $28.65
  • 52-Week Range: $24.52 - $33.13
  • Trailing P/E Ratio: 13.63
  • Foreward P/E Ratio: 13.36
  • P/E Growth: 1.22
  • Market Cap: $2.72B
  • Outstanding Shares: 98,279,000
  • Beta: 1.54
  • Net Margins: 18.26%
  • Return on Equity: 32.01%
  • Return on Assets: 17.48%
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 2.21%
  • Quick Ratio: 1.56%
Additional Links:
Companies Related to Federated Investors:

Analyst Ratings

Consensus Ratings for Federated Investors (NYSE:FII) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings
Consensus Rating:Hold (Score: 1.80)
Consensus Price Target: $28.00 (1.23% upside)

Analysts' Ratings History for Federated Investors (NYSE:FII)
DateFirmActionRatingPrice TargetDetails
1/25/2017Citigroup Inc.Lower Price TargetNeutral$28.50 -> $28.00View Rating Details
1/12/2017J P Morgan Chase & CoReiterated RatingUnderweightView Rating Details
1/10/2017Jefferies Group LLCSet Price TargetHold$28.00View Rating Details
11/18/2016Credit Suisse GroupUpgradeUnderperform -> Neutral$26.00 -> $27.00View Rating Details
10/14/2016Keefe, Bruyette & WoodsSet Price TargetHold$30.00View Rating Details
4/12/2016Sandler O'NeillBoost Price Target$27.00 -> $30.00View Rating Details
2/1/2016Royal Bank of CanadaLower Price TargetUnderperform$28.00 -> $25.00View Rating Details
1/29/2016ArgusLower Price TargetBuy$36.00 -> $33.00View Rating Details
6/2/2015Piper Jaffray CompaniesInitiated CoverageNeutral$37.00View Rating Details
(Data available from 2/27/2015 forward)


Earnings History for Federated Investors (NYSE:FII)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/26/2017Q416$0.51$0.52$294.38 million$289.90 millionViewN/AView Earnings Details
10/27/2016Q316$0.52$0.54$264.41 million$294.60 millionViewN/AView Earnings Details
7/28/2016Q216$0.48$0.51$284.39 million$286.74 millionViewN/AView Earnings Details
4/28/2016Q116$0.44$0.44$258.10 million$272.10 millionViewN/AView Earnings Details
1/28/2016Q415$0.43$0.46$237.28 million$243.60 millionViewListenView Earnings Details
10/22/2015Q315$0.40$0.42$236.51 million$234.30 millionViewListenView Earnings Details
7/23/2015Q215$0.38$0.40$226.35 million$228.10 millionViewListenView Earnings Details
4/23/2015Q115$0.36$0.35$223.58 million$220.50 millionViewN/AView Earnings Details
1/22/2015Q414$0.37$0.38$220.33 million$217.85 millionViewN/AView Earnings Details
10/23/2014Q314$0.35$0.36$214.70 million$216.91 millionViewN/AView Earnings Details
7/24/2014Q214$0.36$0.35$213.13 million$213.00 millionViewN/AView Earnings Details
4/24/2014Q114$0.37$0.34$218.15 million$211.50 millionViewN/AView Earnings Details
1/22/2014Q413$0.37$0.39$214.57 million$214.70 millionViewN/AView Earnings Details
10/24/2013Q313$0.37$0.36$216.30 million$211.86 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.40$0.39$232.50 million$223.81 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.42$0.41$252.04 million$227.90 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.40$0.44$251.17 million$244.80 millionViewN/AView Earnings Details
10/25/2012$0.41$0.43ViewN/AView Earnings Details
7/26/2012$0.41$0.39ViewN/AView Earnings Details
4/26/2012$0.38$0.41ViewN/AView Earnings Details
1/26/2012$0.39$0.36ViewN/AView Earnings Details
10/27/2011$0.39$0.37ViewN/AView Earnings Details
7/28/2011$0.41$0.41ViewN/AView Earnings Details
4/28/2011$0.43$0.32ViewN/AView Earnings Details
1/27/2011$0.43$0.45ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Federated Investors (NYSE:FII)
Current Year EPS Consensus Estimate: $1.96 EPS
Next Year EPS Consensus Estimate: $2.07 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.44$0.44$0.44
Q2 20161$0.46$0.46$0.46
Q3 20161$0.50$0.50$0.50
Q4 20161$0.50$0.50$0.50
Q1 20171$0.48$0.48$0.48
Q2 20171$0.48$0.48$0.48
Q3 20171$0.51$0.51$0.51
Q4 20171$0.52$0.52$0.52
(Data provided by Zacks Investment Research)


Current Dividend Information for Federated Investors (NYSE:FII)
Annual Dividend:$1.00
Dividend Yield:3.62%
Dividend Growth:0.70% (3 Year Average)
Payout Ratio:49.26% (Based on Trailing 12 Months of Earnings)
51.02% (Based on Current Year Consensus EPS Estimate)
48.31% (Based on Next Year Consensus EPS Estimate)

Dividend History for Federated Investors (NYSE:FII)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Federated Investors (NYSE:FII)
Insider Ownership Percentage: 10.50%
Institutional Ownership Percentage: 76.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/2/2016Gordon J CeresinoInsiderSell5,570$26.01$144,875.70View SEC Filing  
11/2/2016John B FisherVPSell6,588$25.94$170,892.72View SEC Filing  
11/2/2016Michael J FarrellDirectorBuy10,000$26.07$260,700.00View SEC Filing  
8/2/2016Meter Stephen VanVPSell80$31.64$2,531.20View SEC Filing  
8/2/2016Richard A NovakInsiderSell45$31.49$1,417.05View SEC Filing  
6/27/2016Paul A UhlmanVPSell1,083$27.29$29,555.07View SEC Filing  
5/17/2016Richard A NovakInsiderSell2,200$30.98$68,156.00View SEC Filing  
5/17/2016Thomas R DonahueCFOSell60,000$30.95$1,857,000.00View SEC Filing  
3/28/2016Gordon J CeresinoInsiderSell2,347$28.09$65,927.23View SEC Filing  
3/28/2016John B FisherVPSell12,396$28.19$349,443.24View SEC Filing  
3/7/2016John B FisherVPSell9,363$28.28$264,785.64View SEC Filing  
3/7/2016Richard A NovakInsiderSell131$28.31$3,708.61View SEC Filing  
11/3/2015John B FisherVPSell6,281$31.13$195,527.53View SEC Filing  
11/3/2015Richard A NovakInsiderSell1,056$31.19$32,936.64View SEC Filing  
5/11/2015Richard A NovakInsiderSell4,000$34.16$136,640.00View SEC Filing  
3/30/2015Gordon J CeresinoDirectorSell2,362$33.13$78,253.06View SEC Filing  
3/30/2015Thomas E TerritVPSell1,044$33.12$34,577.28View SEC Filing  
3/30/2015Thomas R DonahueCFOSell60,000$33.26$1,995,600.00View SEC Filing  
2/9/2015David M KellyDirectorSell3,000$34.25$102,750.00View SEC Filing  
12/19/2014Brian P BoudaInsiderSell3,235$32.69$105,752.15View SEC Filing  
12/15/2014John W McgonigleEVPSell120,446$31.70$3,818,138.20View SEC Filing  
11/6/2014Thomas R DonahueCFOSell10,000$31.22$312,200.00View SEC Filing  
9/25/2014J Christopher DonahueCEOSell154$29.49$4,541.46View SEC Filing  
9/25/2014John F DonahueChairmanSell64,615$29.80$1,925,527.00View SEC Filing  
9/25/2014Thomas R DonahueCFOSell1,131$29.80$33,703.80View SEC Filing  
9/24/2014J Christopher DonahueCEOSell396$29.92$11,848.32View SEC Filing  
9/24/2014John F DonahueChairmanSell46,500$29.92$1,391,280.00View SEC Filing  
9/24/2014Thomas R DonahueCFOSell814$29.92$24,354.88View SEC Filing  
8/28/2014Thomas R DonahueCFOSell60,000$30.54$1,832,400.00View SEC Filing  
8/5/2014Richard A NovakInsiderSell381$28.51$10,862.31View SEC Filing  
8/5/2014Thomas E TerritVPSell512$28.53$14,607.36View SEC Filing  
4/3/2014Gordon CeresinoInsiderSell27,879$30.73$856,721.67View SEC Filing  
3/31/2014Thomas DonahueCFOSell40,000$30.59$1,223,600.00View SEC Filing  
3/28/2014Gordon CeresinoInsiderSell14,180$30.81$436,885.80View SEC Filing  
3/28/2014Thomas TerritVPSell1,044$30.80$32,155.20View SEC Filing  
3/21/2014Gordon CeresinoInsiderSell7,529$30.05$226,246.45View SEC Filing  
11/4/2013Gordon J CeresinoDirectorSell1,275$27.28$34,782.00View SEC Filing  
11/4/2013John B FisherVPSell6,861$27.24$186,893.64View SEC Filing  
7/31/2013Gordon J CeresinoDirectorSell15,284$29.18$445,987.12View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Federated Investors (NYSE:FII)
streetinsider.com logoForm 4 FEDERATED INVESTORS INC For: Feb 22 Filed by: DONAHUE THOMAS R (NYSE:FII)
www.streetinsider.com - February 25 at 3:02 AM
finance.yahoo.com logoFederated Investors, Inc. Files Annual Report on Form 10-K with U.S. Securities and Exchange Commission (NYSE:FII)
finance.yahoo.com - February 24 at 6:31 PM
biz.yahoo.com logoFEDERATED INVESTORS INC /PA/ Files SEC form 10-K, Annual Report (NYSE:FII)
biz.yahoo.com - February 24 at 6:31 PM
News IconThe Lantheus Holdings, Inc. (LNTH) Set to Announce Quarterly Earnings on Tuesday (NYSE:FII)
ekosvoice.com - February 23 at 5:11 PM
finance.yahoo.com logoFund managers look to Mexican 'staples and savings' amid Trump fears (NYSE:FII)
finance.yahoo.com - February 22 at 5:27 PM
4-traders.com logoFederated Investors : Month-End Portfolio Data Now Available for Federated Investors' Closed-End Funds (PDF) (NYSE:FII)
www.4-traders.com - February 16 at 10:10 PM
streetinsider.com logoForm SC 13G/A FEDERATED INVESTORS INC Filed by: FMR LLC (NYSE:FII)
www.streetinsider.com - February 15 at 4:20 AM
News IconFederated Investors Inc. PA Has $96,530,000 Stake in Microsemi Corporation (MSCC) (NYSE:FII)
www.lightwaveonline.com - February 13 at 11:02 PM
finance.yahoo.com logoFederated Investors' Closed-End Municipal Funds Declare Monthly Dividends (NYSE:FII)
finance.yahoo.com - February 9 at 5:48 PM
forbes.com logoFederated Investors Named Top Dividend Stock With Insider Buying and 3.85% Yield (FII) (NYSE:FII)
www.forbes.com - February 7 at 12:43 PM
News IconAs Procter And Gamble Co (PG) Valuation Rose, Federated Investors INC Has Lowered Its Holding (NYSE:FII)
randolphguide.com - February 3 at 5:36 PM
finance.yahoo.com logoLegg Mason (LM) Q3 Earnings Lag Estimates on High Costs (NYSE:FII)
finance.yahoo.com - February 2 at 5:43 PM
bizjournals.com logoFederated adds new mutual fund to its dividend products (NYSE:FII)
www.bizjournals.com - February 2 at 3:54 AM
seekingalpha.com logoFederated Investors More Upside Than Peers (NYSE:FII)
seekingalpha.com - February 2 at 3:54 AM
reuters.com logoBRIEF-Federated Investors launches federated global strategic value dividend fund (NYSE:FII)
www.reuters.com - February 1 at 3:54 AM
bizjournals.com logoFederated Investors completes acquisition (NYSE:FII)
www.bizjournals.com - January 31 at 5:53 PM
finance.yahoo.com logoFederated Investors' Closed-End Municipal Funds Report Annual Earnings (NYSE:FII)
finance.yahoo.com - January 31 at 5:52 PM
capitalcube.com logoFederated Investors, Inc. :FII-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NYSE:FII)
www.capitalcube.com - January 31 at 5:52 PM
finance.yahoo.com logoFederated Investors, Inc. Launches Federated Global Strategic Value Dividend Fund (NYSE:FII)
finance.yahoo.com - January 31 at 5:52 PM
finance.yahoo.com logoFederated Investors, Inc. Completes Transition of Assets from Horizon Advisers (NYSE:FII)
finance.yahoo.com - January 30 at 5:54 PM
capitalcube.com logoFederated Investors, Inc. :FII-US: Earnings Analysis: Q4, 2016 By the Numbers : January 30, 2017 (NYSE:FII)
www.capitalcube.com - January 30 at 12:06 PM
biz.yahoo.com logoFEDERATED INVESTORS INC /PA/ Files SEC form 8-K, Other Events (NYSE:FII)
us.rd.yahoo.com - January 28 at 4:57 AM
finance.yahoo.com logoEdited Transcript of FII earnings conference call or presentation 27-Jan-17 2:00pm GMT (NYSE:FII)
finance.yahoo.com - January 27 at 11:54 PM
reuters.com logoBRIEF-Federated Investors reports Q4 earnings per share $0.52 (NYSE:FII)
www.reuters.com - January 27 at 6:54 PM
zacks.com logoFederated (FII) Q4 Earnings Beat as Revenue Rises; Cost Up (NYSE:FII)
www.zacks.com - January 27 at 6:54 PM
4-traders.com logoFEDERATED INVESTORS INC /PA/ : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:FII)
www.4-traders.com - January 27 at 6:54 PM
rttnews.com logoFederated Investors, Inc Reveals 17% Gain In Q4 Profit (NYSE:FII)
www.rttnews.com - January 27 at 6:54 PM
nasdaq.com logoFederated Investors is Oversold (NYSE:FII)
www.nasdaq.com - January 27 at 6:54 PM
fool.com logoFederated Investors Is Riding the Wave of Higher Rates (NYSE:FII)
www.fool.com - January 27 at 5:02 PM
biz.yahoo.com logoQ4 2016 Federated Investors Inc Earnings Release - After Market Close (NYSE:FII)
us.rd.yahoo.com - January 26 at 6:41 PM
us.rd.yahoo.com logoFederated Investors, Inc. Reports Fourth Quarter and Full-Year 2016 Earnings (NYSE:FII)
us.rd.yahoo.com - January 26 at 6:41 PM
us.rd.yahoo.com logo4:20 pm Fed Investors beats by $0.01, misses on revs (NYSE:FII)
us.rd.yahoo.com - January 26 at 6:41 PM
sg.finance.yahoo.com logoFederated Investors beats 4Q profit forecasts (NYSE:FII)
sg.finance.yahoo.com - January 26 at 6:41 PM
finance.yahoo.com logoFederated's Auth Sees 'Healthy Stall' to Trump Trade (NYSE:FII)
finance.yahoo.com - January 24 at 5:53 PM
capitalcube.com logoETFs with exposure to Federated Investors, Inc. : January 17, 2017 (NYSE:FII)
www.capitalcube.com - January 17 at 5:55 PM
capitalcube.com logoFederated Investors, Inc. breached its 50 day moving average in a Bearish Manner : FII-US : January 13, 2017 (NYSE:FII)
us.rd.yahoo.com - January 13 at 11:03 PM
finance.yahoo.com logoFederated Investors, Inc. Announces Fourth Quarter 2016 Earnings and Conference Call Dates (NYSE:FII)
finance.yahoo.com - January 11 at 5:46 PM
blogs.barrons.com logoIn 2017, Active To Passive Migration Picks Up Speed (NYSE:FII)
blogs.barrons.com - January 10 at 6:11 PM
capitalcube.com logoFederated Investors, Inc. : FII-US: Dividend Analysis : November 08th, 2016 (record date) : By the numbers : January 6, 2017 (NYSE:FII)
www.capitalcube.com - January 6 at 5:45 PM
finance.yahoo.com logoThe Psychological Impact of Dow 20,000 (NYSE:FII)
finance.yahoo.com - December 21 at 6:01 PM
finance.yahoo.com logoFederated Municipal Closed-End Funds Announce Extension of Preferred Shares (NYSE:FII)
finance.yahoo.com - December 20 at 10:17 AM
publicnow.com logoFederated Municipal Closed-End Funds Announce Extension of Preferred Shares (PDF) (NYSE:FII)
www.publicnow.com - December 20 at 10:17 AM
prnewswire.com logoResearch Reports Initiation on Asset Management Stocks -- Federated Investors, Ameriprise Financial, BlackRock, and Nuveen Enhanced Municipal Credit (NYSE:FII)
www.prnewswire.com - December 19 at 9:01 AM
capitalcube.com logoFederated Investors, Inc. breached its 50 day moving average in a Bearish Manner : FII-US : December 19, 2016 (NYSE:FII)
www.capitalcube.com - December 19 at 9:01 AM
4-traders.com logoFederated Premier Intermediate Municipal : Month-End Portfolio Data Now Available for Federated Investors' Closed-End Funds (NYSE:FII)
www.4-traders.com - December 16 at 5:45 PM
bizjournals.com logoFederated Investors launches new fund (NYSE:FII)
www.bizjournals.com - December 12 at 5:24 PM
finance.yahoo.com logoFederated Investors, Inc. Introduces Federated Project and Trade Finance Tender Fund (NYSE:FII)
finance.yahoo.com - December 12 at 11:42 AM
realistinvestor.com logoFederated Investors, Inc. (NYSE:FII) Is Expected To Post EPS Of $0.54 (NYSE:FII)
www.realistinvestor.com - December 8 at 2:00 AM
capitalcube.com logoFederated Investors, Inc. breached its 50 day moving average in a Bullish Manner : FII-US : December 2, 2016 (NYSE:FII)
www.capitalcube.com - December 2 at 8:44 AM
News IconAre Hedge Funds On To Something With Federated Investors Inc (FII)? (NYSE:FII)
feedproxy.google.com - November 30 at 3:54 PM


What is Federated Investors' stock symbol?

Federated Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "FII."

How often does Federated Investors pay dividends? What is the dividend yield for Federated Investors?

Federated Investors declared a quarterly dividend on Thursday, January 26th. Investors of record on Wednesday, February 8th will be paid a dividend of $0.25 per share on Wednesday, February 15th. This represents a $1.00 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Monday, February 6th.

Where is Federated Investors' stock going? Where will Federated Investors' stock price be in 2017?

5 brokerages have issued twelve-month price objectives for Federated Investors' stock. Their predictions range from $25.00 to $30.00. On average, they anticipate Federated Investors' stock price to reach $28.00 in the next year.

When will Federated Investors announce their earnings?

Federated Investors is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What are analysts saying about Federated Investors stock?

Here are some recent quotes from research analysts about Federated Investors stock:

  • According to Zacks Investment Research, "Federated shares have underperformed the Zacks categorized Investment Management industry over the last six months. The company’s assets under management (AUM) improvement may be deterred due to volatility in equity markets. Though with anticipated rise in interest rates, lower fee waivers is expected to continue to aid top-line performance,  stringent regulations remain a headwind. Moreover, escalating expenses is a major concern." (1/6/2017)

  • Jefferies Group LLC analysts commented, "FII reported GAAP EPS of $0.51. Adjusting for a one-time gain, EPS was closer to $0.47 (Jefferies: $0.46, Consensus: $0.47). Operating results modestly beat as did long-term net flows, generating annualized organic growth of +3.5%. Operating margins continued to expand as the company appeared to benefit from the early stage mechanics of dissipating money market fee waivers. 2Q is off to a positive start with net long-term retail inflows of approx. +$675M. P&L Solid, Helped by Fee Waiver Dynamic and a One-time Item – Operating income of $87.7M was significantly better than our $77.5M estimate. Of this $10.2M difference, $3.5M was attributable to a one-time insurance recovery claim (related to professional services) and another $4.3M resulted from distribution expense coming in well below our estimate (see below for a more detailed discussion). Adjusting for these items, the beat was closer to $2.4M, or equivalently +3.0%. Half of this adjusted amount came from slightly better revenues ($287M vs. $286M est.) and half from slightly better expenses. Difference were spread out over the various line items. See page 2 for a detailed comparison of reported results vs. our estimates." (7/29/2016)

Who owns Federated Investors stock?

Federated Investors' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (8.92%), Royce & Associates LP (3.94%), State Street Corp (2.67%), Fortis Advisors LLC (2.14%), Dimensional Fund Advisors LP (2.11%) and Burgundy Asset Management Ltd. (1.66%). Company insiders that own Federated Investors stock include Gordon J Ceresino, John B Fisher, Meter Stephen Van, Michael J Farrell, Paul A Uhlman, Richard A Novak, Thomas E Territ and Thomas R Donahue.

Who sold Federated Investors stock? Who is selling Federated Investors stock?

Federated Investors' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Comerica Bank, Renaissance Technologies LLC, Thrivent Financial for Lutherans, Cipher Capital LP, Horizon Kinetics LLC, Bowling Portfolio Management LLC and State Street Corp. Company insiders that have sold Federated Investors stock in the last year include Gordon J Ceresino, John B Fisher, Meter Stephen Van, Paul A Uhlman, Richard A Novak and Thomas R Donahue.

Who bought Federated Investors stock? Who is buying Federated Investors stock?

Federated Investors' stock was bought by a variety of institutional investors in the last quarter, including Fortis Advisors LLC, Two Sigma Investments LP, Dimensional Fund Advisors LP, Cypress Capital Management LLC, AQR Capital Management LLC, FMR LLC, Mcclain Value Management LLC and Rafferty Asset Management LLC.

How do I buy Federated Investors stock?

Shares of Federated Investors can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Federated Investors stock cost?

One share of Federated Investors stock can currently be purchased for approximately $27.66.

Federated Investors (NYSE:FII) Chart for Monday, February, 27, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Federated Investors (NYSE:FII)

Earnings History Chart

Earnings by Quarter for Federated Investors (NYSE:FII)

Dividend History Chart

Dividend Payments by Quarter for Federated Investors (NYSE:FII)

Last Updated on 2/27/2017 by MarketBeat.com Staff