Fiera Capital Co. (TSE:FSZ) Insider FIERA CAPITAL S.E.C. Sells 10,000 Shares

Fiera Capital Co. (TSE:FSZ) insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00.

Fiera Capital Stock Performance

The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56. The firm has a market cap of C$661.64 million, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of -0.87 and a beta of 1.63. The stock has a 50-day simple moving average of C$7.91 and a 200-day simple moving average of C$7.66. Fiera Capital Co. has a 52 week low of C$4.32 and a 52 week high of C$9.01.

Fiera Capital (TSE:FSZ) last released its earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.19 by C$0.04. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The business had revenue of C$164.79 million for the quarter, compared to analysts’ expectations of C$160.80 million. As a group, research analysts forecast that Fiera Capital Co. will post 1.0891813 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on FSZ shares. National Bank Financial lowered Fiera Capital from a “hold” rating to a “strong sell” rating in a research note on Sunday, July 28th. TD Securities reduced their price objective on Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. National Bankshares cut Fiera Capital from a “sector perform” rating to an “underperform” rating and lifted their price objective for the stock from C$7.00 to C$8.00 in a research report on Monday, July 29th. Scotiabank upped their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. Finally, CIBC decreased their price target on shares of Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. Two analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$7.89.

About Fiera Capital

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.