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

Fiera Capital Co. (TSE:FSZ) insider FIERA CAPITAL S.E.C. sold 10,467 shares of Fiera Capital 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 Trading Down 0.1 %

Shares of Fiera Capital stock opened at C$8.65 on Thursday. Fiera Capital Co. has a 12-month low of C$6.18 and a 12-month high of C$10.92. The firm’s 50 day simple moving average is C$9.45 and its two-hundred day simple moving average is C$8.54. 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 has a market capitalization of C$759.04 million, a price-to-earnings ratio of 16.02, a PEG ratio of -0.87 and a beta of 1.64.

Fiera Capital (TSE:FSZ) last issued 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. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. The company had revenue of C$171.71 million during the quarter, compared to analyst estimates of C$163.10 million. Analysts predict that Fiera Capital Co. will post 1.0905563 EPS for the current year.

Fiera Capital Increases Dividend

The company 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 represents a $0.86 annualized dividend and a dividend yield of 9.99%. This is a boost from Fiera Capital’s previous quarterly dividend of $0.22. The ex-dividend date was Tuesday, November 19th. Fiera Capital’s dividend payout ratio (DPR) is presently 159.26%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on FSZ shares. TD Securities lifted their target price on Fiera Capital from C$9.00 to C$10.00 and gave the company a “hold” rating in a research note on Friday, November 8th. CIBC lifted their price objective on shares of Fiera Capital from C$9.50 to C$11.00 in a research report on Friday, November 8th. Desjardins increased their target price on shares of 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. BMO Capital Markets lifted their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. Finally, National Bankshares upped their price target on Fiera Capital from C$8.00 to C$8.50 and gave the stock 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 assigned a hold rating to the stock. According to MarketBeat.com, Fiera Capital has an average rating of “Hold” and a consensus target price of C$9.07.

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.