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

Shares of Fiera Capital Co. (TSE:FSZ) have been given an average rating of “N/A” by the zero research firms that are currently covering the company, Marketbeat Ratings reports.

A number of equities research analysts have issued reports on FSZ shares. CIBC raised their price target on shares of Fiera Capital from C$9.50 to C$11.00 in a report on Friday, November 8th. National Bankshares boosted their price target on Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a report on Wednesday, October 30th. BMO Capital Markets increased their price objective on Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. TD Securities boosted their target price 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. Finally, Desjardins upped their target price on Fiera Capital from C$7.75 to C$9.00 and gave the company a “hold” rating in a report on Thursday, October 24th.

Fiera Capital Price Performance

FSZ stock opened at C$9.83 on Wednesday. The firm has a market cap of C$862.58 million, a P/E ratio of 18.20, a P/E/G ratio of -0.87 and a beta of 1.64. The firm’s fifty day moving average is C$9.12 and its 200 day moving average is C$8.08. Fiera Capital has a 52 week low of C$4.83 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.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, topping the consensus estimate 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. Research analysts predict that Fiera Capital will post 1.0905563 earnings per share for the current year.

Fiera Capital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Tuesday, November 19th will be paid a $0.216 dividend. The ex-dividend date is Tuesday, November 19th. This represents a $0.86 annualized dividend and a dividend yield of 8.79%. This is an increase from Fiera Capital’s previous quarterly dividend of $0.22. Fiera Capital’s dividend payout ratio is presently 159.26%.

Insiders Place Their Bets

In other Fiera Capital news, 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. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company’s stock in a transaction that occurred 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. Over the last three months, insiders have sold 207,400 shares of company stock valued at $1,601,622. 0.86% of the stock is currently owned by corporate insiders.

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.