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Federated Investors Inc (FII) SEC Filing 10-Q Quarterly report for the period ending Saturday, March 31, 2018

Federated Investors Inc

CIK: 1056288 Ticker: FII

Exhibit 99.1
image011a18.jpg

Federated Investors, Inc. Reports First Quarter 2018 Earnings
Q1 2018 EPS of $0.60 up 22 percent from $0.49 in Q1 2017
Board declares $0.27 per share dividend, an 8 percent increase from Q4 2017
(PITTSBURGH, Pa., April 26, 2018) — Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.60 for Q1 2018, up 22 percent from $0.49 for the same quarter last year on net income of $60.3 million for Q1 2018, compared to $49.6 million for Q1 2017.
Federated's total managed assets were $392.2 billion at March 31, 2018, up $30.5 billion or 8 percent from $361.7 billion at March 31, 2017 and down $5.4 billion or 1 percent from $397.6 billion at Dec. 31, 2017. Total average managed assets for Q1 2018 were $398.0 billion, up $34.8 billion or 10 percent from $363.2 billion reported for Q1 2017 and up $16.0 billion or 4 percent from $382.0 billion reported for Q4 2017.
"In the first quarter, Federated saw interest in our MDT strategies, which are quantitatively driven equity portfolios designed to be well-diversified while aiming for high alpha and lower volatility compared to the broader market," said J. Christopher Donahue, president and chief executive officer. "In fixed-income, investors sought a variety of investment solutions that ranged from our stalwart Total Return Bond Fund to shorter-duration strategies, in which investments' interest rates can reset as benchmark rates continue to rise."
Federated's board of directors declared a dividend of $0.27 per share, an 8 percent increase from Q4 2017. The dividend is payable on May 15, 2018 to shareholders of record as of May 8, 2018. During Q1 2018, Federated purchased 118,645 shares of Federated class B common stock for $3.9 million.
Federated's equity assets were $64.0 billion at March 31, 2018, down $0.8 billion or 1 percent from $64.8 billion at March 31, 2017 and down $4.1 billion or 6 percent from $68.1 billion at Dec. 31, 2017. Top-selling equity funds during Q1 2018 on a net basis were Federated MDT Small Cap Core Fund, Federated Kaufmann Small Cap Fund, Federated MDT Small Cap Growth Fund, Federated Muni and Stock Advantage Fund and Federated MDT Mid Cap Growth Fund.
Federated's fixed-income assets were $62.3 billion at March 31, 2018, up $10.5 billion or 20 percent from $51.8 billion at March 31, 2017 and down $1.9 billion or 3 percent from $64.2 billion at Dec. 31, 2017. Top-selling fixed-income funds during Q1 2018 on a net basis included Federated Ultrashort Bond Fund, Federated Total Return Bond Fund, Federated Short-Term Income Fund, Federated Floating Rate Strategic Income Fund and Federated U.S. Government Securities Fund: 1-3 Years.
Money market assets were $265.9 billion at March 31, 2018, up $20.7 billion or 8 percent from $245.2 billion at March 31, 2017 and up $0.7 billion from $265.2 billion at Dec. 31, 2017. Money market fund assets were $182.4 billion at March 31, 2018, up $7.2 billion or 4 percent from $175.2 billion at March 31, 2017 and down $3.1 billion or 2 percent from $185.5 billion at Dec. 31, 2017. Federated's money market separate account assets were $83.5 billion at March 31, 2018, up $13.5 billion or 19 percent from $70.0 billion at March 31, 2017 and up $3.8 billion or 5 percent from $79.7 billion at Dec. 31, 2017.


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ANALYSTS:
Ed Costello 412-288-7538
Meghan McAndrew 412-288-8103
Ray Hanley 412-288-1920

The following information was filed by Federated Investors Inc (FII) on Friday, April 27, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Federated Investors Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Equity
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Basis Of Presentation
Commitments And Contingencies
Commitments And Contingencies (details)
Concentration Risk
Concentration Risk (tables)
Concentration Risk Narrative (details)
Concentration Risk Schedule Of Revenue Concentration (details)
Consolidation
Consolidation Consolidated Federated Fund Vies (details)
Consolidation Narrative (details)
Debt
Debt Narrative (details)
Earnings Per Share Attributable To Federated Investors, Inc. Shareholders
Earnings Per Share Attributable To Federated Investors, Inc. Shareholders (tables)
Earnings Per Share Attributable To Federated Investors, Inc. Shareholders Earnings Per Share Attributable To Federated Investors, Inc. Shareholders Computation Of Basic And Diluted Earnings Per Share (details)
Equity
Equity (details)
Fair Value Measurements
Fair Value Measurements (tables)
Fair Value Measurements Classes Of Financial Assets And Liabilities Measured At Fair Value On Recurring Basis (details)
Fair Value Measurements Narrative (details)
Income Taxes (details)
Income Taxes (notes)
Investments
Investments Gain (loss) On Securities, Net Of Investment Income (details)
Investments (tables)
Investments Narrative (details)
Recent Accounting Pronouncements Recent Accounting Pronouncements
Recent Accounting Pronouncements Recent Accounting Pronouncements Narrative (details)
Revenue From Contracts With Customers (details)
Revenue From Contracts With Customers (notes)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Asset Class (tables)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Geographic Location (details)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Geographic Location (tables)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Performance Obligation (details)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Performance Obligation (tables)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Product Type (details)
Revenue From Contracts With Customers Revenue From Contracts With Customers - By Product Type (tables)
Share-based Compensation Plans
Share-based Compensation Plans (details)
Significant Accounting Policies
Significant Accounting Policies Summary Of Significant Accounting Policies (policies)
Significant Accounting Policies Summary Of Significant Accounting Policies Narrative (details)
Subsequent Events
Subsequent Events (details)
Variable Interest Entities (tables)
Ticker: FII
CIK: 1056288
Form Type: 10-Q Quarterly Report
Accession Number: 0001056288-18-000013
Submitted to the SEC: Fri Apr 27 2018 4:28:55 PM EST
Accepted by the SEC: Fri Apr 27 2018
Period: Saturday, March 31, 2018
Industry: Investment Advice

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