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

Fiera Capital Co. (TSE:FSZ) has earned a consensus recommendation of “N/A” from the zero brokerages that are currently covering the stock, Marketbeat.com reports.

A number of research firms have recently commented on FSZ. TD Securities lifted their target price on Fiera Capital from C$9.00 to C$10.00 and gave the stock a “hold” rating in a research note on Friday, November 8th. BMO Capital Markets raised their target price on Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday, October 29th. Desjardins boosted their price objective on shares of Fiera Capital from C$7.75 to C$9.00 and gave the company a “hold” rating in a research note on Thursday, October 24th. National Bankshares boosted their price target on shares of Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a research report on Wednesday, October 30th. Finally, CIBC increased their price objective on Fiera Capital from C$9.50 to C$11.00 in a research report on Friday, November 8th.

Fiera Capital Stock Performance

Shares of FSZ opened at C$8.44 on Thursday. The firm has a market capitalization of C$740.61 million, a P/E ratio of 15.63, a P/E/G ratio of -0.87 and a beta of 1.64. 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 has a 52 week low of C$6.18 and a 52 week high of C$10.92. The stock has a 50 day moving average price of C$9.31 and a two-hundred day moving average price of C$8.59.

Fiera Capital (TSE:FSZ) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.25 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.06. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The company had revenue of C$171.71 million for the quarter, compared to analyst estimates of C$163.10 million. Equities analysts forecast that Fiera Capital will post 1.0905563 earnings per share for the current fiscal 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 issued a $0.216 dividend. This is a boost from Fiera Capital’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $0.86 annualized dividend and a dividend yield of 10.24%. Fiera Capital’s dividend payout ratio (DPR) is currently 159.26%.

Insider Activity at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$8.89, for a total transaction of C$93,028.60. 0.86% of the stock is currently owned by company 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.