Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$293,014.70 in Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 36,500 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$8.03, for a total transaction of C$293,014.70.

John Valentini also recently made the following trade(s):

• On Tuesday, September 24th, John Valentini sold 10,400 shares of Fiera Capital stock. The stock was sold at an average price of C$7.90, for a total value of C$82,164.16.
• On Thursday, September 12th, John Valentini sold 122,500 shares of Fiera Capital stock. The shares were sold at an average price of C$7.46, for a total value of C$913,347.75.

Fiera Capital Trading Up 2.2 %

Shares of TSE:FSZ opened at C$8.27 on Friday. The business has a 50-day moving average price of C$7.83 and a 200-day moving average price of C$7.65. The stock has a market cap of C$725.69 million, a price-to-earnings ratio of 15.31, a PEG ratio of -0.87 and a beta of 1.63. Fiera Capital Co. has a 52-week low of C$4.32 and a 52-week high of C$9.01. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter, beating the consensus estimate of C$0.19 by C$0.04. The business had revenue of C$164.79 million during the quarter, compared to analysts’ expectations of C$160.80 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FSZ shares. National Bank Financial downgraded Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. National Bankshares lowered shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and lifted their price target for the stock from C$7.00 to C$8.00 in a report on Monday, July 29th. Scotiabank raised their price objective on Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th. TD Securities reduced their target price on Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. Finally, CIBC dropped their price target on 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 assigned a hold rating to the company. Based on data from MarketBeat.com, Fiera Capital has an average rating of “Hold” and an average price target of C$7.89.

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.