Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$913,347.75 in Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 122,500 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$7.46, for a total value of C$913,347.75.

Fiera Capital Price Performance

Shares of FSZ opened at C$7.54 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56. The firm’s fifty day simple moving average is C$7.91 and its 200-day simple moving average is C$7.66. The firm has a market capitalization of C$661.64 million, a price-to-earnings ratio of 13.81, a PEG ratio of -0.87 and a beta of 1.63. Fiera Capital Co. has a twelve month low of C$4.32 and a twelve month high of C$9.01.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.04. The company had revenue of C$164.79 million for the quarter, compared to analysts’ expectations of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. Equities analysts forecast that Fiera Capital Co. will post 1.0891813 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FSZ has been the topic of a number of recent research reports. Scotiabank boosted their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. TD Securities reduced their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. National Bankshares downgraded shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and boosted their price target for the stock from C$7.00 to C$8.00 in a research note on Monday, July 29th. National Bank Financial lowered Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Finally, CIBC decreased their target price on Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. Two analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to MarketBeat, Fiera Capital presently has a consensus rating of “Hold” and an average target price of C$7.89.

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.