Fiera Capital Co. (TSE:FSZ) Insider FIERA CAPITAL S.E.C. Sells 10,467 Shares of Stock

Fiera Capital Co. (TSE:FSZ) insider FIERA CAPITAL S.E.C. sold 10,467 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total transaction of C$93,028.60.

Fiera Capital Stock Performance

TSE:FSZ opened at C$8.81 on Tuesday. The firm has a market capitalization of C$773.08 million, a P/E ratio of 16.31, a P/E/G ratio of -0.87 and a beta of 1.64. The company has a fifty day moving average of C$9.51 and a 200-day moving average of C$8.53. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56. Fiera Capital Co. has a twelve month low of C$6.18 and a twelve month high of C$10.92.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.06. The business had revenue of C$171.71 million during the quarter, compared to analyst estimates of C$163.10 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. As a group, sell-side analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS for the current year.

Fiera Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, November 19th were paid a dividend of $0.216 per share. This represents a $0.86 dividend on an annualized basis and a yield of 9.81%. The ex-dividend date was Tuesday, November 19th. This is a positive change from Fiera Capital’s previous quarterly dividend of $0.22. Fiera Capital’s payout ratio is 159.26%.

Analysts Set New Price Targets

Several research firms have issued reports on FSZ. Desjardins raised their price target on shares of Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a report on Thursday, October 24th. TD Securities raised their price target on shares of Fiera Capital from C$9.00 to C$10.00 and gave the stock a “hold” rating in a report on Friday, November 8th. CIBC raised their price target on shares of Fiera Capital from C$9.50 to C$11.00 in a report on Friday, November 8th. BMO Capital Markets raised their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. Finally, National Bankshares raised their price target on shares of Fiera Capital from C$8.00 to C$8.50 and gave the stock an “underperform” rating in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of C$9.07.

About Fiera Capital

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.