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

Shares of Fiera Capital Co. (TSE:FSZ) have been assigned an average rating of “N/A” from the zero ratings firms that are presently covering the firm, MarketBeat reports.

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

Insider Activity at Fiera Capital

In related news, Senior Officer John Valentini sold 28,000 shares of Fiera Capital stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$8.57, for a total transaction of C$240,046.80. 0.86% of the stock is owned by corporate insiders.

Fiera Capital Price Performance

FSZ opened at C$8.99 on Friday. Fiera Capital has a fifty-two week low of C$5.95 and a fifty-two week high of C$10.92. The firm has a 50-day moving average of C$9.53 and a 200 day moving average of C$8.44. The company has a debt-to-equity ratio of 259.56, a quick ratio of 1.05 and a current ratio of 1.39. The firm has a market cap of C$788.87 million, a P/E ratio of 16.65, a PEG ratio of -0.87 and a beta of 1.64.

Fiera Capital (TSE:FSZ) last released its 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 firm had revenue of C$171.71 million during the quarter, compared to the consensus estimate of C$163.10 million. On average, research analysts expect that Fiera Capital will post 1.0905563 EPS for the current year.

Fiera Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, November 19th were given a $0.216 dividend. This is a positive change from Fiera Capital’s previous quarterly dividend of $0.22. This represents a $0.86 dividend on an annualized basis and a dividend yield of 9.61%. The ex-dividend date was Tuesday, November 19th. Fiera Capital’s dividend payout ratio (DPR) 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.