Insider Selling: Fiera Capital Co. (TSE:FSZ) Senior Officer Sells 10,400 Shares of Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 10,400 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$7.90, for a total value of C$82,164.16.

John Valentini also recently made the following trade(s):

• On Thursday, September 26th, John Valentini sold 36,500 shares of Fiera Capital stock. The shares were sold at an average price of C$8.03, for a total value of C$293,014.70.
• On Thursday, September 12th, John Valentini sold 122,500 shares of Fiera Capital stock. The stock was sold at an average price of C$7.46, for a total value of C$913,347.75.

Fiera Capital Price Performance

Shares of FSZ opened at C$8.27 on Friday. The company has a market capitalization of C$725.69 million, a P/E ratio of 15.31, a price-to-earnings-growth ratio of -0.87 and a beta of 1.63. Fiera Capital Co. has a twelve month low of C$4.32 and a twelve month high of C$9.01. 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 firm has a 50 day moving average of C$7.83 and a 200 day moving average of C$7.65.

Fiera Capital (TSE:FSZ) last posted its earnings results on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.04. The business had revenue of C$164.79 million during the quarter, compared to analyst estimates of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Scotiabank upped their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th. TD Securities decreased their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a research note on Thursday, August 8th. National Bank Financial lowered shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a report on Sunday, July 28th. CIBC cut their price target on Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. Finally, National Bankshares cut Fiera Capital from a “sector perform” rating to an “underperform” rating and lifted their price objective for the company from C$7.00 to C$8.00 in a research note on Monday, July 29th. Two analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$7.89.

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.