Insider Selling: Fiera Capital Co. (TSE:FSZ) Insider Sells 10,467 Shares of Stock

Fiera Capital Co. (TSE:FSZ) insider FIERA CAPITAL S.E.C. sold 10,467 shares of Fiera Capital stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total transaction of C$93,028.60.

Fiera Capital Price Performance

Shares of TSE:FSZ opened at C$8.81 on Tuesday. The company has a market capitalization of C$773.08 million, a P/E ratio of 16.31, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64. Fiera Capital Co. has a fifty-two week low of C$6.18 and a fifty-two week high of C$10.92. The company has a debt-to-equity ratio of 259.56, a quick ratio of 1.05 and a current ratio of 1.39. The company’s 50-day moving average is C$9.51 and its 200 day moving average is C$8.53.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, beating the consensus estimate of C$0.19 by C$0.06. The business had revenue of C$171.71 million for the quarter, compared to the consensus estimate of C$163.10 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. On average, equities research analysts forecast that Fiera Capital Co. will post 1.0905563 earnings per share for the current year.

Fiera Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, November 19th were issued a dividend of $0.216 per share. The ex-dividend date was Tuesday, November 19th. This is an increase from Fiera Capital’s previous quarterly dividend of $0.22. This represents a $0.86 annualized dividend and a yield of 9.81%. Fiera Capital’s dividend payout ratio is 159.26%.

Analyst Ratings Changes

A number of equities analysts have issued reports on FSZ shares. Desjardins lifted their price objective on shares of Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a report on Thursday, October 24th. BMO Capital Markets lifted their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. CIBC lifted their price objective on shares of Fiera Capital from C$9.50 to C$11.00 in a report on Friday, November 8th. TD Securities lifted their price objective on shares of Fiera Capital from C$9.00 to C$10.00 and gave the stock a “hold” rating in a report on Friday, November 8th. Finally, National Bankshares boosted their price target on shares of Fiera Capital from C$8.00 to C$8.50 and gave the stock an “underperform” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$9.07.

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.