
Federated Hermes’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. The business had revenue of $324.76 million during the quarter, compared to analysts’ expectations of $338.07 million. Federated Hermes had a net margin of 19.60% and a return on equity of 23.09%. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.07). Get Federated Hermes alerts:įederated Hermes ( NYSE:FHI – Get Rating) last announced its quarterly earnings results on Thursday, April 28th. Institutional investors and hedge funds own 84.07% of the company’s stock. Finally, City State Bank acquired a new position in shares of Federated Hermes in the 4th quarter valued at about $95,000. Cubic Asset Management LLC acquired a new position in shares of Federated Hermes in the 1st quarter valued at about $283,000. S&T Bank PA now owns 77,487 shares of the company’s stock valued at $2,912,000 after buying an additional 398 shares during the period. S&T Bank PA lifted its holdings in shares of Federated Hermes by 0.5% in the 4th quarter. acquired a new position in shares of Federated Hermes in the 4th quarter valued at about $240,000. New York State Teachers Retirement System now owns 146,554 shares of the company’s stock worth $5,507,000 after acquiring an additional 5,863 shares during the period. New York State Teachers Retirement System lifted its position in Federated Hermes by 4.2% during the 4th quarter. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank’s holdings in Federated Hermes were worth $1,454,000 as of its most recent filing with the SEC.

The fund owned 44,911 shares of the company’s stock after acquiring an additional 1,390 shares during the quarter. ( NYSE:FHI – Get Rating) by 3.2% in the first quarter, reports. Comerica Bank boosted its position in shares of Federated Hermes, Inc.
