Fiera Capital Co. (TSE:FSZ) Given Average Rating of "N/A" by Analysts

Shares of Fiera Capital Co. (TSE:FSZ - Get Free Report) have been given an average rating of "N/A" by the zero brokerages that are covering the company, MarketBeat Ratings reports.

A number of equities analysts have recently commented on FSZ shares. BMO Capital Markets raised their price objective on Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday, October 29th. National Bankshares raised their price target on shares of 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 boosted their price objective on shares of Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th. Desjardins raised their target price on shares of Fiera Capital from C$7.75 to C$9.00 and gave the company a "hold" rating in a research note on Thursday, October 24th. Finally, TD Securities lifted their target price on shares of Fiera Capital from C$9.00 to C$10.00 and gave the company a "hold" rating in a report on Friday, November 8th.

Fiera Capital Price Performance

Shares of TSE:FSZ traded down C$0.05 on Wednesday, reaching C$9.78. 218,683 shares of the company were exchanged, compared to its average volume of 298,074. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56. Fiera Capital has a 1-year low of C$4.83 and a 1-year high of C$10.92. The company has a 50-day moving average of C$9.12 and a 200-day moving average of C$8.08. The firm has a market cap of C$858.20 million, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64.

Fiera Capital (TSE:FSZ - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.25 earnings per share for the quarter, topping analysts' consensus estimates of C$0.19 by C$0.06. The business had revenue of C$171.71 million during the quarter, compared to analysts' expectations of C$163.10 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. Equities analysts forecast that Fiera Capital will post 1.0905563 earnings per share for the current fiscal year.

Fiera Capital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Tuesday, November 19th will be paid a dividend of $0.216 per share. The ex-dividend date is Tuesday, November 19th. This represents a $0.86 annualized dividend and a yield of 8.83%. This is an increase from Fiera Capital's previous quarterly dividend of $0.22. Fiera Capital's payout ratio is presently 159.26%.

Insider Activity at Fiera Capital

In related news, Senior Officer John Valentini sold 122,500 shares of Fiera Capital stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of C$7.46, for a total transaction of C$913,347.75. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business's stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total transaction of C$73,049.00. Insiders have sold a total of 207,400 shares of company stock worth $1,601,622 over the last ninety days. 0.86% of the stock is currently owned by corporate insiders.

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.