Douglas G. Cooke Sells 5,000 Shares of FirstService Co. (TSE:FSV) Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 5,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of C$262.70, for a total value of C$1,313,500.00.

Douglas G. Cooke also recently made the following trade(s):

• On Wednesday, November 13th, Douglas G. Cooke sold 1,600 shares of FirstService stock. The shares were sold at an average price of C$262.75, for a total transaction of C$420,400.00.

FirstService Trading Up 0.8 %

Shares of FirstService stock opened at C$260.03 on Wednesday. The company has a debt-to-equity ratio of 105.28, a quick ratio of 1.25 and a current ratio of 1.74. The firm has a 50-day moving average of C$252.20 and a 200-day moving average of C$228.75. FirstService Co. has a 52-week low of C$193.77 and a 52-week high of C$267.26. The stock has a market cap of C$11.71 billion, a PE ratio of 106.11, a PEG ratio of 107.75 and a beta of 0.96.

FirstService Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, September 30th were issued a dividend of $0.337 per share. The ex-dividend date was Friday, September 27th. This represents a $1.35 annualized dividend and a dividend yield of 0.52%. FirstService’s dividend payout ratio is presently 55.56%.

Wall Street Analysts Forecast Growth

Separately, TD Securities increased their price target on shares of FirstService from C$182.00 to C$194.00 and gave the company a “hold” rating in a report on Monday, October 28th.

FirstService Company Profile

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.