Fiera Capital Co. (TSE:FSZ) Given Average Rating of “N/A” by Analysts

Shares of Fiera Capital Co. (TSE:FSZ) have been assigned an average rating of “N/A” from the zero ratings firms that are currently covering the stock, MarketBeat.com reports.

Several brokerages have recently commented on FSZ. CIBC raised their price objective on shares of Fiera Capital from C$9.50 to C$11.00 in a research report on Friday, November 8th. 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. BMO Capital Markets upped their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. TD Securities increased their price objective on shares of Fiera Capital from C$9.00 to C$10.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. Finally, Desjardins boosted their target price on Fiera Capital from C$7.75 to C$9.00 and gave the company a “hold” rating in a research report on Thursday, October 24th.

Fiera Capital Stock Performance

Shares of FSZ opened at C$9.73 on Wednesday. The firm’s fifty day simple moving average is C$9.24 and its two-hundred day simple moving average is C$8.14. Fiera Capital has a 12 month low of C$4.83 and a 12 month high of C$10.92. 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 stock has a market capitalization of C$853.81 million, a P/E ratio of 18.02, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64.

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

Fiera Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Tuesday, November 19th will be given a $0.216 dividend. This is a boost from Fiera Capital’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Tuesday, November 19th. This represents a $0.86 annualized dividend and a yield of 8.88%. Fiera Capital’s dividend payout ratio (DPR) is presently 159.26%.

Insider Buying and Selling at Fiera Capital

In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total value of C$73,049.00. Also, Senior Officer John Valentini sold 28,000 shares of Fiera Capital stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$8.57, for a total value of C$240,046.80. In the last quarter, insiders sold 207,400 shares of company stock worth $1,601,622. Insiders own 0.86% of the company’s stock.

Fiera Capital Company Profile

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.