Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$82,164.16 in Stock

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

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

• 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

FSZ opened at C$8.09 on Friday. The stock’s 50-day moving average price is C$7.85 and its 200 day moving average price is C$7.65. Fiera Capital Co. has a 12-month low of C$4.32 and a 12-month high of C$9.01. The firm has a market cap of C$709.90 million, a price-to-earnings ratio of 14.98, a PEG ratio of -0.87 and a beta of 1.63. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56.

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

Analyst Upgrades and Downgrades

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

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.