FirstService Co. (TSE:FSV) Senior Officer Sells C$420,400.00 in Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 1,600 shares of FirstService stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of C$262.75, for a total value of C$420,400.00.

FirstService Trading Up 0.8 %

Shares of FirstService stock opened at C$262.10 on Friday. FirstService Co. has a fifty-two week low of C$193.77 and a fifty-two week high of C$267.26. The business’s fifty day moving average is C$251.90 and its two-hundred day moving average is C$228.08. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28. The firm has a market cap of C$11.80 billion, a PE ratio of 107.86, a P/E/G ratio of 107.75 and a beta of 0.96.

FirstService Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 7th. Shareholders of record on Monday, September 30th were paid a $0.337 dividend. This represents a $1.35 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Friday, September 27th. FirstService’s payout ratio is 55.56%.

Wall Street Analysts Forecast Growth

Separately, TD Securities upped their price objective on FirstService from C$182.00 to C$194.00 and gave the company a “hold” rating in a research report on Monday, October 28th.

About FirstService

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.