Fiera Capital Co. (TSE:FSZ) Given Consensus 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 currently covering the company, MarketBeat reports.

Several analysts have commented on FSZ shares. National Bankshares lifted their price objective 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. Desjardins lifted their price target on shares of Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a report on Thursday, October 24th. 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, CIBC upped their price target on Fiera Capital from C$9.50 to C$11.00 in a research report on Friday, November 8th.

Insider Buying and Selling

In other Fiera Capital news, Senior Officer John Valentini sold 28,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was 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 firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00. In the last quarter, insiders have sold 207,400 shares of company stock valued at $1,601,622. Corporate insiders own 0.86% of the company’s stock.

Fiera Capital Stock Performance

Shares of FSZ opened at C$9.83 on Wednesday. The stock has a 50 day moving average of C$9.12 and a 200 day moving average of C$8.08. The company has a market capitalization of C$862.58 million, a price-to-earnings ratio of 18.20, a PEG ratio of -0.87 and a beta of 1.64. Fiera Capital has a 12 month low of C$4.83 and a 12 month high of C$10.92. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ) last announced its earnings results on Thursday, November 7th. The company reported C$0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.19 by C$0.06. The firm had revenue of C$171.71 million during the quarter, compared to analyst estimates of C$163.10 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. As a group, sell-side analysts forecast 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. Stockholders of record on Tuesday, November 19th will be given a $0.216 dividend. The ex-dividend date is Tuesday, November 19th. This is a boost from Fiera Capital’s previous quarterly dividend of $0.22. This represents a $0.86 annualized dividend and a dividend yield of 8.79%. Fiera Capital’s 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.