National Bankshares Issues Positive Forecast for Fiera Capital (TSE:FSZ) Stock Price

Fiera Capital (TSE:FSZ) had its target price upped by National Bankshares from C$8.00 to C$8.50 in a research note issued to investors on Wednesday morning, BayStreet.CA reports. National Bankshares currently has an underperform rating on the stock.

Other equities analysts have also issued reports about the stock. TD Securities cut their price objective on shares of Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. CIBC cut their price target on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. BMO Capital Markets upped their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday. National Bank Financial downgraded Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Finally, Desjardins boosted their target price on Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a research report on Thursday, October 24th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$8.29.

Fiera Capital Stock Up 1.4 %

Fiera Capital stock opened at C$9.85 on Wednesday. The firm has a 50 day simple moving average of C$8.30 and a 200 day simple moving average of C$7.77. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56. Fiera Capital has a 1-year low of C$4.77 and a 1-year high of C$9.92. The firm has a market capitalization of C$864.34 million, a price-to-earnings ratio of 18.24, a P/E/G ratio of -0.87 and a beta of 1.64.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.04. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. The company had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million. On average, analysts predict that Fiera Capital will post 1.0905563 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total transaction of C$73,049.00. In other Fiera Capital news, Senior Officer John Valentini sold 122,500 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$7.46, for a total value of C$913,347.75. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00. Insiders sold a total of 207,400 shares of company stock valued at $1,601,622 over the last 90 days. Insiders own 0.86% of the company’s stock.

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.