NEW YORK ( TheStreet) -- Federated Investors (NYSE: FII) is trading at unusually high volume Wednesday with 4.8 million shares changing hands. It is currently at four times its average daily volume and trading down $1.20 (-6.5%) at $17.26 as of 3:11 p.m. ET. Federated Investors has a market cap of $1.9 billion and is part of the financial sector and financial services industry. Shares are down 29.5% year to date as of the close of trading on Tuesday. Federated Investors, Inc. is a publicly owned investment manager. The company has a P/E ratio of 11.6, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Federated Investors as a hold. The company's strongest point has been its expanding profit margins. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself. You can view the full Federated Investors Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.