Fiera Capital Co. (TSE:FSZ) Receives Consensus Recommendation of "N/A" from Analysts

Shares of Fiera Capital Co. (TSE:FSZ - Get Free Report) have received an average rating of "N/A" from the zero ratings firms that are presently covering the firm, Marketbeat Ratings reports.

A number of analysts have recently issued reports on the stock. National Bankshares lifted their price objective on shares of Fiera Capital from C$8.00 to C$8.50 and gave the stock an "underperform" rating in a report on Wednesday, October 30th. TD Securities increased their price objective on Fiera Capital from C$9.00 to C$10.00 and gave the stock a "hold" rating in a report on Friday, November 8th. Desjardins upped their target price on Fiera Capital from C$7.75 to C$9.00 and gave the stock a "hold" rating in a report on Thursday, October 24th. CIBC increased their price target on shares of Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th. Finally, BMO Capital Markets lifted their price objective on Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday, October 29th.

Insider Buying and Selling at Fiera Capital

In other news, Senior Officer John Valentini sold 10,400 shares of the company's stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$7.90, for a total value of C$82,164.16. In the last 90 days, insiders have sold 74,900 shares of company stock valued at $615,226. 0.86% of the stock is currently owned by corporate insiders.

Fiera Capital Stock Up 0.6 %

Shares of FSZ stock traded up C$0.05 during trading hours on Friday, reaching C$8.84. The company had a trading volume of 202,520 shares, compared to its average volume of 292,333. Fiera Capital has a 12 month low of C$5.80 and a 12 month high of C$10.92. The company has a debt-to-equity ratio of 259.56, a current ratio of 1.39 and a quick ratio of 1.05. The company has a market cap of C$775.71 million, a price-to-earnings ratio of 16.37, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64. The business has a fifty day simple moving average of C$9.53 and a 200-day simple moving average of C$8.38.

Fiera Capital (TSE:FSZ - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.25 EPS for the quarter, topping analysts' consensus estimates of C$0.19 by C$0.06. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The company had revenue of C$171.71 million for the quarter, compared to analysts' expectations of C$163.10 million. On average, research analysts expect 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 was paid on Thursday, December 19th. Shareholders of record on Tuesday, November 19th were given a dividend of $0.216 per share. This is an increase from Fiera Capital's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $0.86 dividend on an annualized basis and a yield of 9.77%. Fiera Capital's dividend payout ratio (DPR) is 159.26%.

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.