Fiera Capital Co. (TSE:FSZ) Receives Average Recommendation of “N/A” from Brokerages

Shares of Fiera Capital Co. (TSE:FSZ) have been assigned an average recommendation of “N/A” from the zero brokerages that are presently covering the stock, Marketbeat Ratings reports.

Several research analysts have issued reports on FSZ shares. National Bankshares increased their price objective 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. Desjardins increased their price target on shares of Fiera Capital from C$7.75 to C$9.00 and gave the company a “hold” rating in a report on Thursday, October 24th. CIBC decreased their price objective on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. Scotiabank increased their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. Finally, BMO Capital Markets boosted their price target on Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday, October 29th.

Fiera Capital Stock Down 2.3 %

Shares of TSE:FSZ opened at C$9.62 on Friday. Fiera Capital has a fifty-two week low of C$4.77 and a fifty-two week high of C$9.92. 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’s 50-day simple moving average is C$8.34 and its 200-day simple moving average is C$7.78. The company has a market cap of C$844.16 million, a price-to-earnings ratio of 17.81, a PEG ratio of -0.87 and a beta of 1.64.

Fiera Capital (TSE:FSZ) last released its 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 company had revenue of C$164.79 million for the quarter, compared to analysts’ expectations of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. As a group, equities research analysts predict that Fiera Capital will post 1.0905563 earnings per share for the current year.

Insider Transactions at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total transaction of C$73,049.00. In other Fiera Capital news, Senior Officer John Valentini sold 122,500 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$7.46, for a total transaction of C$913,347.75. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of Fiera Capital stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total value of C$73,049.00. Insiders sold a total of 207,400 shares of company stock valued at $1,601,622 in the last ninety days. Corporate insiders own 0.86% of the company’s stock.

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.