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

Shares of Fiera Capital Co. (TSE:FSZ) have received a consensus recommendation of “N/A” from the zero brokerages that are covering the stock, MarketBeat.com reports.

A number of equities research analysts have recently commented on FSZ shares. CIBC upped their price objective on shares of Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th. Desjardins increased their price target on Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a report 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 raised their target price on Fiera Capital from C$8.00 to C$8.50 and gave the stock an “underperform” rating in a research note on Wednesday, October 30th. 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 Up 0.7 %

Shares of TSE:FSZ opened at C$8.99 on Friday. The firm has a market cap of C$788.87 million, a P/E ratio of 16.65, a P/E/G ratio of -0.87 and a beta of 1.64. Fiera Capital has a 12-month low of C$5.95 and a 12-month high of C$10.92. The business has a fifty day simple moving average of C$9.53 and a 200 day simple moving average of C$8.44. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56.

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

Fiera Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, November 19th were given a dividend of $0.216 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 9.61%. This is a positive change 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 presently 159.26%.

Insider Activity at Fiera Capital

In other news, Senior Officer John Valentini sold 28,000 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of C$8.57, for a total value of C$240,046.80. 0.86% of the stock is currently owned by insiders.

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.