Federated Hermes (FHI) News Today

$32.80
-0.25 (-0.76%)
(As of 05/17/2024 ET)
Qsemble Capital Management LP Sells 29,484 Shares of Federated Hermes, Inc. (NYSE:FHI)
Qsemble Capital Management LP decreased its position in Federated Hermes, Inc. (NYSE:FHI - Free Report) by 42.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,216 shares of the company's sto
Federated Hermes (NYSE:FHI) Price Target Cut to $37.00 by Analysts at Evercore ISI
Evercore ISI reduced their price objective on Federated Hermes from $39.00 to $37.00 and set an "outperform" rating for the company in a research note on Wednesday.
Federated Hermes, Inc. (NYSE:FHI) Sees Large Growth in Short Interest
Federated Hermes, Inc. (NYSE:FHI - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,370,000 shares, an increase of 8.7% from the March 31st total of 2,180,000 shares. Currently, 2.9% of the shares of the company are short sold. Based on an average daily volume of 771,800 shares, the days-to-cover ratio is currently 3.1 days.
Federated Hermes, Inc. (NYSE:FHI) Plans Dividend Increase - $1.31 Per Share
Federated Hermes, Inc. (NYSE:FHI) declared a None dividend on Thursday, April 25th. Investors of record on Wednesday, May 8th will be given a dividend of 1.31 per share on Wednesday, May 15th. The ex-dividend date of this dividend is Tuesday, May 7th. This is a boost from Federated Hermes's previous None dividend of $1.27.
Louisiana State Employees Retirement System Buys New Stake in Federated Hermes, Inc. (NYSE:FHI)
Louisiana State Employees Retirement System bought a new stake in Federated Hermes, Inc. (NYSE:FHI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 24,200 shares of th
Federated Hermes (NYSE:FHI) Issues Quarterly Earnings Results
Federated Hermes (NYSE:FHI - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.89 earnings per share for the quarter, hitting the consensus estimate of $0.89. Federated Hermes had a net margin of 18.58% and a return on equity of 26.76%. The firm had revenue of $396.37 million during the quarter, compared to the consensus estimate of $400.26 million. During the same quarter in the prior year, the firm earned $0.78 EPS. The company's revenue for the quarter was up 3.7% on a year-over-year basis.
Here's what Wall Street expects from Federated Investors's earnings
Duality Advisers LP Makes New Investment in Federated Hermes, Inc. (NYSE:FHI)
Duality Advisers LP purchased a new stake in Federated Hermes, Inc. (NYSE:FHI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 73,153 shares of the company's stock, valued at approxima
Knights of Columbus Asset Advisors LLC Has $4.16 Million Holdings in Federated Hermes, Inc. (NYSE:FHI)
Knights of Columbus Asset Advisors LLC boosted its position in Federated Hermes, Inc. (NYSE:FHI - Free Report) by 32.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 122,796 shares of the company's stock after buying a
JPMorgan Chase & Co. Increases Federated Hermes (NYSE:FHI) Price Target to $47.00
JPMorgan Chase & Co. lifted their target price on shares of Federated Hermes from $46.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday.
The Analyst Verdict: Federated Hermes In The Eyes Of 5 Experts
Federated Hermes (NYSE:FHI) Given New $39.00 Price Target at UBS Group
UBS Group raised their price objective on Federated Hermes from $37.00 to $39.00 and gave the company a "neutral" rating in a research report on Friday.
Federated Hermes, Inc. to Post Q1 2024 Earnings of $0.87 Per Share, Zacks Research Forecasts (NYSE:FHI)
Federated Hermes, Inc. (NYSE:FHI - Free Report) - Zacks Research increased their Q1 2024 EPS estimates for shares of Federated Hermes in a report issued on Wednesday, April 10th. Zacks Research analyst R. Department now anticipates that the company will earn $0.87 per share for the quarter, up fr
Advisors Preferred LLC Buys New Shares in Federated Hermes, Inc. (NYSE:FHI)
Advisors Preferred LLC bought a new position in shares of Federated Hermes, Inc. (NYSE:FHI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 68,338 shares of the company's stock, valued at approximately $2,
Federated Hermes, Inc. (NYSE:FHI) Sees Large Increase in Short Interest
Federated Hermes, Inc. (NYSE:FHI - Get Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,450,000 shares, an increase of 16.0% from the February 29th total of 1,250,000 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average trading volume of 708,500 shares, the short-interest ratio is currently 2.0 days.
Murphy Pohlad Asset Management LLC Cuts Stock Position in Federated Hermes, Inc. (NYSE:FHI)
Murphy Pohlad Asset Management LLC lessened its position in Federated Hermes, Inc. (NYSE:FHI - Free Report) by 17.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 136,928 shares of the company's stock after selling 28,363 sha
Vanguard Group Inc. Has $290.21 Million Position in Federated Hermes, Inc. (NYSE:FHI)
Vanguard Group Inc. raised its holdings in shares of Federated Hermes, Inc. (NYSE:FHI - Free Report) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,568,361 shares of the company's stock after
Federated Hermes Inc Class B
Federated Hermes, Inc. (NYSE:FHI) Shares Bought by Wellington Management Group LLP
Wellington Management Group LLP raised its stake in Federated Hermes, Inc. (NYSE:FHI - Free Report) by 87.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,139,694 shares of the company's stock after acqui
Graham Capital Management L.P. Acquires 35,032 Shares of Federated Hermes, Inc. (NYSE:FHI)
Graham Capital Management L.P. raised its holdings in shares of Federated Hermes, Inc. (NYSE:FHI - Free Report) by 54.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,425 shares of the company's stock after acq
Schroder Investment Management Group Has $13.26 Million Stock Holdings in Federated Hermes, Inc. (NYSE:FHI)
Schroder Investment Management Group cut its stake in Federated Hermes, Inc. (NYSE:FHI - Free Report) by 42.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 391,508 shares of the company's stock after
Seven Eight Capital LP Takes $1.22 Million Position in Federated Hermes, Inc. (NYSE:FHI)
Seven Eight Capital LP bought a new stake in shares of Federated Hermes, Inc. (NYSE:FHI - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 35,892 shares of the company's stock, valued at approximately $1,216,000. O
Alps Advisors Inc. Takes $2.42 Million Position in Federated Hermes, Inc. (NYSE:FHI)
Alps Advisors Inc. purchased a new stake in shares of Federated Hermes, Inc. (NYSE:FHI - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 71,393 shares of the company's stock, valued at approximately $2,418,000. Alps Advisors Inc
Short Interest in Federated Hermes, Inc. (NYSE:FHI) Decreases By 5.5%
Federated Hermes, Inc. (NYSE:FHI - Get Free Report) saw a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,210,000 shares, a drop of 5.5% from the January 31st total of 1,280,000 shares. Based on an average daily volume of 750,500 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.5% of the shares of the company are short sold.
Federated Hermes, Inc. (NYSE:FHI) Shares Acquired by AQR Capital Management LLC
AQR Capital Management LLC lifted its holdings in shares of Federated Hermes, Inc. (NYSE:FHI - Free Report) by 183.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 801,443 shares of the company's stock after bu
Trexquant Investment LP Has $2.12 Million Stock Holdings in Federated Hermes, Inc. (NYSE:FHI)
Trexquant Investment LP cut its stake in Federated Hermes, Inc. (NYSE:FHI - Free Report) by 43.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,550 shares of the company's stock after selling 47,987 shares during the
Get Federated Hermes News Delivered to You Automatically

Sign up to receive the latest news and ratings for FHI and its competitors with MarketBeat's FREE daily newsletter.

I’m afraid WWIII is a very real possibility (Ad)

As one top U.S. cyber official claims: This [tech] is “the most powerful weapon of our time.” That's also why I've produced this new film.

Take a look.

FHI Media Mentions By Week

FHI Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

FHI
News Sentiment

0.79

0.67

Average
Finance
News Sentiment

FHI News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

FHI Articles
This Week

2

4

FHI Articles
Average Week

Get Federated Hermes News Delivered to You Automatically

Sign up to receive the latest news and ratings for FHI and its competitors with MarketBeat's FREE daily newsletter.


Related Companies and Tools

This page (NYSE:FHI) was last updated on 5/18/2024 by MarketBeat.com Staff

From Our Partners