FirstService Co. (TSE:FSV) Senior Officer Douglas G. Cooke Sells 5,000 Shares

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of C$262.70, for a total value of C$1,313,500.00.

Douglas G. Cooke also recently made the following trade(s):

• On Wednesday, November 13th, Douglas G. Cooke sold 1,600 shares of FirstService stock. The stock was sold at an average price of C$262.75, for a total transaction of C$420,400.00.

FirstService Stock Performance

Shares of FSV stock opened at C$257.85 on Tuesday. FirstService Co. has a fifty-two week low of C$193.77 and a fifty-two week high of C$267.26. The stock’s 50-day moving average is C$251.90 and its two-hundred day moving average is C$228.39. The company has a debt-to-equity ratio of 105.28, a current ratio of 1.74 and a quick ratio of 1.25. The firm has a market cap of C$11.61 billion, a P/E ratio of 107.09, a PEG ratio of 107.75 and a beta of 0.96.

FirstService Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were paid a $0.337 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $1.35 dividend on an annualized basis and a yield of 0.52%. FirstService’s payout ratio is presently 55.56%.

Wall Street Analysts Forecast Growth

Separately, TD Securities upped their price target on shares of FirstService from C$182.00 to C$194.00 and gave the stock a “hold” rating in a research note on Monday, October 28th.

About FirstService

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.