Insider Selling: Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$913,347.75 in Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 122,500 shares of Fiera Capital stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$7.46, for a total transaction of C$913,347.75.

Fiera Capital Price Performance

TSE:FSZ opened at C$7.54 on Monday. Fiera Capital Co. has a 52 week low of C$4.32 and a 52 week high of C$9.01. The stock’s fifty day moving average is C$7.91 and its two-hundred day moving average is C$7.66. The company has a market capitalization of C$661.64 million, a P/E ratio of 13.81, a P/E/G ratio of -0.87 and a beta of 1.63. 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 Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.19 by C$0.04. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The firm had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million. Equities analysts expect that Fiera Capital Co. will post 1.0891813 EPS for the current year.

Analysts Set New Price Targets

FSZ has been the topic of several recent research reports. National Bank Financial cut Fiera Capital from a “hold” rating to a “strong sell” rating in a report on Sunday, July 28th. CIBC lowered their price objective on Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. TD Securities dropped their target price on Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. Scotiabank lifted their price target on Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. Finally, National Bankshares lowered shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and upped their price objective for the company from C$7.00 to C$8.00 in a report on Monday, July 29th. Two research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat, Fiera Capital presently has a consensus rating of “Hold” and a consensus price target of C$7.89.

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.