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Federated Hermes Inc (FHI) |
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Price: $36.6600
$0.65 
1.805%
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| Day's High:
| $36.77
| Week Perf:
| 0.77 %
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| Day's Low: |
$ 36.09 |
30 Day Perf: |
6.97 % |
| Volume (M): |
489 |
52 Wk High: |
$ 37.43 |
| Volume (M$): |
$ 17,923 |
52 Wk Avg: |
$33.96 |
| Open: |
$36.09 |
52 Wk Low: |
$30.23 |
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| Market Capitalization (Millions $) |
2,987 |
| Shares
Outstanding (Millions) |
81 |
| Employees |
2,025 |
| Revenues (TTM) (Millions $) |
1,618 |
| Net Income (TTM) (Millions $) |
255 |
| Cash Flow (TTM) (Millions $) |
-36 |
| Capital Exp. (TTM) (Millions $) |
11 |
Federated Hermes Inc
Federated Hermes Inc., formerly known as Federated Investors, Inc., is a publicly-traded investment management company headquartered in Pittsburgh, Pennsylvania. It was founded in 1955 by John F. Donahue, who remains an important figure in the company to this day. The company operates as a global investment manager and provides a wide range of investment products to clients, including mutual funds, separately managed accounts, and institutional products.
Federated Hermes operates through several subsidiaries, including Federated Investment Management Company, Federated Advisory Services Company, Federated Securities Corp., and Federated Global Investment Management Corp. These subsidiaries allow the company to offer a broad range of investment and financial services to individual and institutional investors.
The company's investment philosophy is rooted in actively managing portfolios based on rigorous research and a focus on risk management. Federated Hermes has teams of investment professionals specializing in different asset classes, such as equities, fixed income, real estate, and alternative investments. The teams work together to create investment strategies and products that are designed to meet the needs of clients with varying investment objectives and risk tolerances.
Federated Hermes has more than $600 billion in assets under management as of December 2020. The company serves a variety of clients from individual investors to large corporations and governments worldwide. Federated Hermes has offices in cities all over the world, including London, New York, Hong Kong, and Melbourne.
The company's commitment to sustainability is evident in its incorporation of environmental, social and governance (ESG) factors into its investment process. Federated Hermes believes that by considering ESG factors in its investment decision-making, it can deliver better risk-adjusted returns to clients while also contributing to a more sustainable future for society and the planet.
In summary, Federated Hermes is a global investment manager that provides a wide range of investment products and services to clients worldwide. The company's investment philosophy is rooted in active management, rigorous research, and a focus on risk management, with a commitment to sustainability and ESG factors. Federated Hermes is a reputable and respected investment firm with a long history of providing high-quality investment solutions to investors worldwide.
Company Address: 1001 Liberty Avenue Pittsburgh, 15222 PA
Company Phone Number: 288-1900 Stock Exchange / Ticker: NYSE FHI
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| Stock Performances by Major Competitors |
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| Federated Hermes Inc
Federated Hermes Inc (FHI), a prominent player in the Investment Services industry, recently reported its financial results for the fiscal three months ending March 31, 2024. While the company showcased a healthy revenue increase of 4.16% and an impressive rise in earnings per share (EPS), it fell short compared to the industry as a whole. Additionally, the article will delve into FHI's stock performance and its standing in the market.
Revenue Growth and Earnings Per Share:
During the fiscal three months ending March 31, 2024, FHI's revenue rose by 4.16% to $403.11 million compared to $387.01 million in the same quarter the previous year. This growth is promising, indicating the company's ability to generate increased sales. Furthermore, FHI experienced a commendable 14.1% rise in EPS, with the figure jumping from $0.78 to $0.89 over the same period.
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| Federated Hermes Inc
Investors Assess Impressive Earnings Growth of Federated Hermes Inc Despite Soft Turnover
February 28, 2024
In the face of a soft turnover for the financial period ending December 31, 2023, Federated Hermes Inc (FHI) managed to deliver a strong performance, impressing investors. The company significantly improved its earnings per share (EPS) by 10.9%, with net earnings soaring by 39.61% to $86.047 million, compared to $61.635 million in the same period the previous year.
While there was a slight decline in revenue, down by 3.012% to $397.83 million on a year-on-year basis, the positive indicators outweighed this setback. The previous reporting season also indicated a decrease in revenue by 2.688% from $408.82 million, whereas EPS witnessed a substantial surge of 10.9% from $0.86 per share.
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| Federated Hermes Inc
Federated Hermes Inc: Strong Q3 Results Bolster Bullish Outlook
Federated Hermes Inc (FHI) has published its financial results for the period spanning July to September 30, 2023, and the numbers indicate a solid performance that is sure to boost investor confidence. Despite facing challenges within the Investment Services industry, FHI managed to record a substantial 6.534% increase in revenue, bringing it to an impressive $408.82 million, up from $383.74 million on a year-over-year basis.
One of the most encouraging aspects of the report is the profitability rise FHI experienced, with a significant 10.26% increase in net income per share. This rise saw earnings reach $0.86, compared to $0.78 in the prior year reporting period. Although FHI's top-line increase fell slightly below the industry average, recording a 6.78% rise relative to the same period a year ago, the company's overall financial performance demonstrates its resilience and ability to navigate challenging market conditions.
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| Federated Hermes Inc
Over the past 5 trading days, Federated Hermes Inc shares have experienced a significant decline of -8.18%. This brings the year-to-date performance to -9.41%, indicating a downward trend for the company's stock. Despite this recent downturn, it is worth noting that Federated Hermes Inc shares still trade 11.5% above their 52-week low.
However, there is positive news for the company. In the financial three months ending June 30, 2023, Federated Hermes Inc announced strong results. The company's revenue rose by an impressive 26.473% to reach $438.48 million, showcasing significant growth compared to the same period in the previous year. Similarly, the company's income per share also advanced by 26.56% to $0.81 per share.
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| Federated Hermes Inc
Federated Hermes Inc, a global investment firm, seems to have had a somewhat lackluster first quarter in 2023 earnings season. Although its revenue managed to increase by 19.116% to $387.01 million, this growth only led to a modest earnings advance of 9.55% to $0.78 per share. What's more, the EPS remained unchanged from the preceding financial reporting period.
It's true that revenue grew by 0.851% from $383.74 million, but this minimal increase pales in comparison to the double-digit revenue advance and begs the question- why wasn't the growth more significant? It seems that Federated Hermes Inc has had difficulty sustaining its momentum in the first quarter of 2023 earnings season.
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| Per Share |
Current |
| Earnings (TTM) |
2.9 $ |
| Revenues (TTM) |
19.86 $
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| Cash Flow (TTM) |
- |
| Cash |
4.67 $
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| Book Value |
12.48 $
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| Dividend (TTM) |
2.15 $ |
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| Per Share |
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| Earnings (TTM) |
2.9 $
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| Revenues (TTM) |
19.86 $ |
| Cash Flow (TTM) |
- |
| Cash |
4.67 $
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| Book Value |
12.48 $ |
| Dividend (TTM) |
2.15 $ |
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| Money market |
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 51.51 % |
of total Revenue |
| Equity |
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28.75 % |
of total Revenue |
| Fixed-income |
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12.08 % |
of total Revenue |
| Other |
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1.1 % |
of total Revenue |
| Investment Advisory |
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67.22 % |
of total Revenue |
| Administrative Services |
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23.68 % |
of total Revenue |
| Distribution |
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7.47 % |
of total Revenue |
| Domestic |
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84.6 % |
of total Revenue |
| Foreign |
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100 % |
of total Revenue |
| Federated Hermes Funds |
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84.12 % |
of total Revenue |
| Separate Accounts |
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14.78 % |
of total Revenue |
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