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

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

Fiera Capital Stock Performance

Shares of Fiera Capital stock opened at C$8.66 on Wednesday. Fiera Capital Co. has a 12 month low of C$6.18 and a 12 month high of C$10.92. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56. The stock has a market cap of C$759.92 million, a PE ratio of 16.04, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64. The business has a fifty day simple moving average of C$9.50 and a 200-day simple moving average of C$8.54.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.06. The firm had revenue of C$171.71 million during 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%. On average, sell-side analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal year.

Fiera Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, November 19th were given a dividend of $0.216 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This is an increase from Fiera Capital’s previous quarterly dividend of $0.22. This represents a $0.86 dividend on an annualized basis and a yield of 9.98%. Fiera Capital’s payout ratio is presently 159.26%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. BMO Capital Markets raised their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday, October 29th. Desjardins boosted their target price 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 target price 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 upped their price target on Fiera Capital from C$9.50 to C$11.00 in a report on Friday, November 8th. Finally, National Bankshares increased their price objective on Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of C$9.07.

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.