Fiera Capital Corp (TSE:FSZ) Director Jean-Guy Desjardins sold 9,565 shares of the company’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of C$11.30, for a total value of C$108,086.41. Following the transaction, the director now directly owns 8,377 shares in the company, valued at C$94,661.78.
Shares of TSE:FSZ traded up C$0.05 during midday trading on Friday, reaching C$11.26. 106,300 shares of the company’s stock traded hands, compared to its average volume of 105,786. The company has a market capitalization of $1.10 billion and a P/E ratio of -111.49. The company has a current ratio of 1.40, a quick ratio of 1.08 and a debt-to-equity ratio of 106.94. Fiera Capital Corp has a one year low of C$10.54 and a one year high of C$13.35. The stock’s 50 day moving average price is C$11.63.
Fiera Capital (TSE:FSZ) last posted its earnings results on Thursday, May 9th. The company reported C$0.26 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.07. The firm had revenue of C$142.79 million during the quarter. Equities research analysts anticipate that Fiera Capital Corp will post 1.48 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 18th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 7.46%. The ex-dividend date of this dividend was Friday, May 17th. Fiera Capital’s dividend payout ratio is -831.68%.
A number of brokerages have recently issued reports on FSZ. National Bank Financial upped their price target on Yamana Gold from C$3.75 to C$4.00 and gave the company a “sector perform” rating in a report on Friday, May 10th. CIBC upped their price target on Fiera Capital from C$14.50 to C$15.00 in a report on Monday, April 29th. Royal Bank of Canada set a €145.00 ($168.60) price target on Aena SME and gave the company a “sell” rating in a report on Tuesday, April 30th. BMO Capital Markets began coverage on Capstone Mining in a report on Friday, July 5th. They set a “hold” rating and a $1.00 price target on the stock. Finally, Desjardins reaffirmed a “buy” rating on shares of Fiera Capital in a report on Thursday, July 4th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of C$13.75.
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.
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