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

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

Fiera Capital Trading Down 0.4 %

TSE:FSZ traded down C$0.03 on Wednesday, hitting C$7.42. 81,591 shares of the stock were exchanged, compared to its average volume of 279,872. The stock has a market cap of C$651.11 million, a PE ratio of 13.80, a PEG ratio of -0.87 and a beta of 1.63. Fiera Capital Co. has a fifty-two week low of C$4.32 and a fifty-two week high of C$9.01. 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 stock has a fifty day moving average of C$7.93 and a 200-day moving average of C$7.66.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings results 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. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The firm had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million. As a group, equities analysts expect that Fiera Capital Co. will post 1.0891813 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FSZ has been the subject of several recent research reports. CIBC dropped their price target on Fiera Capital from C$9.00 to C$8.00 in a research report on Thursday, August 8th. Scotiabank boosted their price target on Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. National Bankshares cut Fiera Capital from a “sector perform” rating to an “underperform” rating and raised their price objective for the stock from C$7.00 to C$8.00 in a report on Monday, July 29th. National Bank Financial downgraded Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Finally, TD Securities lowered their price target on Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat, Fiera Capital currently has an average rating of “Hold” and a consensus 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.