Fiera Capital Co. (TSE:FSZ) Given Average Rating of “N/A” by Analysts

Fiera Capital Co. (TSE:FSZ) has received an average rating of “N/A” from the zero ratings firms that are presently covering the company, Marketbeat.com reports.

A number of research firms have recently issued reports on FSZ. BMO Capital Markets raised their price target on Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday, October 29th. Desjardins upped their price objective on Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a research note on Thursday, October 24th. TD Securities boosted their price objective on Fiera Capital from C$9.00 to C$10.00 and gave the company a “hold” rating in a research note on Friday, November 8th. National Bankshares upped 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 research report on Wednesday, October 30th. Finally, CIBC increased their price target on Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th.

Insider Activity at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the 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. 0.86% of the stock is owned by insiders.

Fiera Capital Stock Up 1.8 %

Shares of Fiera Capital stock opened at C$8.44 on Thursday. The company has a 50-day simple moving average of C$9.31 and a two-hundred day simple moving average of C$8.59. Fiera Capital has a 52-week low of C$6.18 and a 52-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 stock has a market capitalization of C$740.61 million, a PE ratio of 15.63, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64.

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

Fiera Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, November 19th were issued a dividend of $0.216 per share. This represents a $0.86 annualized dividend and a dividend yield of 10.24%. This is a boost from Fiera Capital’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, November 19th. Fiera Capital’s dividend payout ratio is 159.26%.

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.