FirstService Co. (TSE:FSV) Director Sells C$1,204,982.02 in Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Erin Joy Wallace sold 4,425 shares of FirstService stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of C$272.31, for a total transaction of C$1,204,982.02.

FirstService Trading Up 0.0 %

FSV stock traded up C$0.06 during mid-day trading on Thursday, hitting C$273.24. 60,291 shares of the company were exchanged, compared to its average volume of 75,545. The business has a fifty day simple moving average of C$255.99 and a 200-day simple moving average of C$231.37. The firm has a market capitalization of C$12.30 billion, a P/E ratio of 113.00, a PEG ratio of 107.75 and a beta of 0.96. FirstService Co. has a 12-month low of C$193.77 and a 12-month high of C$278.19. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28.

FirstService Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were issued a $0.337 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $1.35 annualized dividend and a yield of 0.49%. FirstService’s dividend payout ratio (DPR) is presently 55.56%.

Wall Street Analyst Weigh In

Separately, TD Securities upped their price target on shares of FirstService from C$182.00 to C$194.00 and gave the stock a “hold” rating in a research report on Monday, October 28th.

About FirstService

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.