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What should you know before buying stock in Federated Hermes Inc (FHI)

Federated Hermes Inc (NYSE: FHI) is -3.26% lower on its value in year-to-date trading and has touched a low of $31.23 and a high of $43.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FHI stock was last observed hovering at around $39.75 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $39.77, the stock is 1.92% and -2.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing 0.05% at the moment leaves the stock 9.60% off its SMA200. FHI registered 12.85% gain for a year compared to 6-month gain of 15.85%. The firm has a 50-day simple moving average (SMA 50) of $40.8238 and a 200-day simple moving average (SMA200) of $36.3623.

The stock witnessed a -2.83% loss in the last 1 month and extending the period to 3 months gives it a 0.15%, and is 2.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.21% over the week and 2.07% over the month.

Federated Hermes Inc (FHI) has around 2000 employees, a market worth around $3.25B and $1.63B in sales. Current P/E ratio is 12.28 and Fwd P/E is 8.97. Profit margin for the company is 15.69%. Distance from 52-week low is 27.33% and -9.45% from its 52-week high. The company has generated returns on investments over the last 12 months (17.77%).

with sales reaching $418.79M over the same period.The EPS is expected to grow by 27.42% this year, but quarterly earnings will post 5.84% year-over-year. Quarterly sales are estimated to grow 5.66% in year-over-year returns.

Federated Hermes Inc (FHI) Top Institutional Holders

412.0 institutions hold shares in Federated Hermes Inc (FHI), with institutional investors hold 82.54% of the company’s shares. The shares outstanding are 81.81M, and float is at 78.11M with Short Float at 3.54%. Institutions hold 79.64% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.8 million shares valued at $289.41 million. The investor’s holdings represent 10.9057% of the FHI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.43 million shares valued at $277.33 million to account for 10.4505 of the shares outstanding. The other top investors are FMR LLC which holds 5.53 million shares representing 6.8506% and valued at over $181.8 million, while FULLER & THALER ASSET MANAGEMENT, INC. holds 3.3434 of the shares totaling 2.7 million with a market value of $88.72 million.

Federated Hermes Inc (FHI) Insider Activity

The most recent transaction is an insider sale by Uhlman Paul A, the company’s Vice President. SEC filings show that Uhlman Paul A sold 6,311 shares of the company’s common stock on Nov 19 ’24 at a price of $41.39 per share for a total of $0.26 million. Following the sale, the insider now owns 0.31 million shares.

Federated Hermes Inc disclosed in a document filed with the SEC on Nov 19 ’24 that Nusseibeh Saker Anwar (CEO, Hermes Fund Managers Ltd.) sold a total of 4,454 shares of the company’s common stock. The trade occurred on Nov 19 ’24 and was made at $41.38 per share for $0.18 million. Following the transaction, the insider now directly holds 0.18 million shares of the FHI stock.

Still, SEC filings show that on Nov 19 ’24, Novak Richard A (Principal Accounting Officer) disposed off 1,363 shares at an average price of $41.47 for $56518.0. The insider now directly holds 53,837 shares of Federated Hermes Inc (FHI).

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