Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$240,046.80 in Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 28,000 shares of Fiera Capital stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$8.57, for a total value of C$240,046.80.

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

• On Thursday, September 26th, John Valentini sold 36,500 shares of Fiera Capital stock. The stock was sold at an average price of C$8.03, for a total transaction of C$293,014.70.
• On Tuesday, September 24th, John Valentini sold 10,400 shares of Fiera Capital stock. The shares were sold at an average price of C$7.90, for a total transaction of C$82,164.16.
• On Thursday, September 12th, John Valentini sold 122,500 shares of Fiera Capital stock. The shares were sold at an average price of C$7.46, for a total transaction of C$913,347.75.

Fiera Capital Price Performance

Shares of Fiera Capital stock opened at C$8.55 on Tuesday. 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 fifty day simple moving average of C$7.81 and a 200-day simple moving average of C$7.63. The stock has a market capitalization of C$750.26 million, a price-to-earnings ratio of 15.83, a PEG ratio of -0.87 and a beta of 1.64. Fiera Capital Co. has a 1-year low of C$4.32 and a 1-year high of C$9.01.

Fiera Capital (TSE:FSZ) last released its earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.04. The firm had revenue of C$164.79 million during the quarter, compared to analyst estimates of C$160.80 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. On average, sell-side analysts expect that Fiera Capital Co. will post 1.0905563 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on FSZ shares. National Bank Financial cut Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. CIBC reduced their price target on Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. National Bankshares downgraded Fiera Capital from a “sector perform” rating to an “underperform” rating and increased their price objective for the stock from C$7.00 to C$8.00 in a report on Monday, July 29th. TD Securities reduced their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a research note on Thursday, August 8th. Finally, Scotiabank increased their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the company 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.