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

Fiera Capital Co. (TSE:FSZ) has received a consensus rating of “N/A” from the zero analysts that are presently covering the stock, Marketbeat Ratings reports.

FSZ has been the topic of a number of recent analyst reports. BMO Capital Markets upped their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a research report on Tuesday, October 29th. TD Securities increased their price objective on shares of Fiera Capital from C$9.00 to C$10.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. National Bankshares boosted their target price on 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. Desjardins lifted their price objective on 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. Finally, CIBC increased their target price on Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th.

Insider Buying and Selling at Fiera Capital

In related news, Senior Officer John Valentini sold 28,000 shares of the stock in a transaction 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 owned by corporate insiders.

Fiera Capital Stock Up 0.2 %

FSZ stock opened at C$8.93 on Friday. Fiera Capital has a one year low of C$5.85 and a one year high of C$10.92. The firm has a market cap of C$783.61 million, a PE ratio of 16.54, a PEG ratio of -0.87 and a beta of 1.64. The firm’s 50 day moving average price is C$9.53 and its 200-day moving average price is C$8.40. 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 posted its earnings results on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.06. The company had revenue of C$171.71 million for 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%. On average, equities research analysts anticipate that Fiera Capital will post 1.0905563 EPS for the current year.

Fiera Capital Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, November 19th were paid a dividend of $0.216 per share. This represents a $0.86 annualized dividend and a yield of 9.68%. 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. Fiera Capital’s payout ratio is presently 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.