Stantec Inc. (NYSE:STN) Shares Sold by Fiera Capital Corp

Fiera Capital Corp decreased its holdings in shares of Stantec Inc. (NYSE:STN - Free Report) TSE: STN by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,493,918 shares of the business services provider's stock after selling 19,348 shares during the period. Fiera Capital Corp owned approximately 2.19% of Stantec worth $200,813,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Triad Wealth Partners LLC acquired a new position in shares of Stantec during the 2nd quarter valued at $51,000. Northwestern Mutual Wealth Management Co. bought a new stake in Stantec in the second quarter worth $71,000. Blue Trust Inc. grew its stake in shares of Stantec by 802.8% in the third quarter. Blue Trust Inc. now owns 975 shares of the business services provider's stock worth $81,000 after acquiring an additional 867 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Stantec by 45.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,037 shares of the business services provider's stock worth $83,000 after buying an additional 326 shares in the last quarter. Finally, UniSuper Management Pty Ltd raised its holdings in shares of Stantec by 100.0% in the first quarter. UniSuper Management Pty Ltd now owns 1,600 shares of the business services provider's stock valued at $133,000 after buying an additional 800 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Raymond James cut Stantec from a "moderate buy" rating to a "hold" rating in a research report on Thursday, August 8th. Scotiabank began coverage on shares of Stantec in a research report on Friday, October 25th. They set a "sector outperform" rating on the stock.

Stantec Trading Down 4.6 %

NYSE STN traded down $3.92 during trading on Friday, hitting $80.67. The stock had a trading volume of 164,769 shares, compared to its average volume of 118,435. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.39 and a current ratio of 1.39. Stantec Inc. has a one year low of $62.91 and a one year high of $88.42. The stock has a 50 day simple moving average of $81.36 and a 200 day simple moving average of $82.37. The stock has a market capitalization of $9.20 billion, a price-to-earnings ratio of 36.06 and a beta of 1.02.

Stantec (NYSE:STN - Get Free Report) TSE: STN last issued its quarterly earnings results on Wednesday, August 7th. The business services provider reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.01. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. Stantec had a net margin of 4.96% and a return on equity of 16.22%. Sell-side analysts predict that Stantec Inc. will post 3.07 earnings per share for the current year.

Stantec Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.