Fiera Capital Co. (TSE:FSZ) Receives Consensus Rating of “N/A” from Analysts

Fiera Capital Co. (TSE:FSZ) has been assigned a consensus recommendation of “N/A” from the zero ratings firms that are presently covering the firm, MarketBeat.com reports.

Several research firms have recently issued reports on FSZ. BMO Capital Markets boosted their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. CIBC boosted their price target on Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th. Desjardins upped their price target on Fiera Capital from C$7.75 to C$9.00 and gave the company a “hold” rating in a report on Thursday, October 24th. TD Securities lifted their price objective on Fiera Capital from C$9.00 to C$10.00 and gave the stock a “hold” rating in a report on Friday, November 8th. Finally, National Bankshares upped their target price on Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a research note on Wednesday, October 30th.

Insider Buying and Selling

In other Fiera Capital news, Senior Officer John Valentini sold 28,000 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$8.57, for a total value of C$240,046.80. 0.86% of the stock is owned by corporate insiders.

Fiera Capital Stock Performance

Shares of TSE FSZ opened at C$8.93 on Friday. Fiera Capital has a 12 month low of C$5.85 and a 12 month high of C$10.92. The company has a market cap of C$783.61 million, a P/E ratio of 16.54, a P/E/G ratio of -0.87 and a beta of 1.64. The business’s 50 day moving average is C$9.53 and its two-hundred day moving average is C$8.40. 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 (TSE:FSZ) last announced its earnings results on Thursday, November 7th. The company reported C$0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.06. The business had revenue of C$171.71 million for 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%. On average, equities analysts expect that Fiera Capital will post 1.0905563 EPS for the current year.

Fiera Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, November 19th were paid a $0.216 dividend. This is a positive change from Fiera Capital’s previous quarterly dividend of $0.22. This represents a $0.86 annualized dividend and a dividend yield of 9.68%. The ex-dividend date of this dividend was Tuesday, November 19th. Fiera Capital’s dividend payout ratio is currently 159.26%.

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.