Fiera Capital Co. (TSE:FSZ) Receives Average Rating of "N/A" from Brokerages

Fiera Capital Co. (TSE:FSZ - Get Free Report) has earned an average recommendation of "N/A" from the zero analysts that are currently covering the firm, MarketBeat.com reports.

A number of equities research analysts have recently weighed in on FSZ shares. BMO Capital Markets boosted their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Tuesday. Scotiabank raised their price objective on Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. National Bank Financial lowered Fiera Capital from a "hold" rating to a "strong sell" rating in a research report on Sunday, July 28th. CIBC cut their price target on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. Finally, Desjardins lifted their price objective 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.

Fiera Capital Stock Up 1.4 %

Shares of FSZ traded up C$0.14 during midday trading on Friday, reaching C$9.85. 288,529 shares of the stock were exchanged, compared to its average volume of 281,466. The company has a market capitalization of C$864.34 million, a P/E ratio of 18.24, a PEG ratio of -0.87 and a beta of 1.64. 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 52 week low of C$4.77 and a 52 week high of C$9.92. The company's 50 day moving average is C$8.30 and its two-hundred day moving average is C$7.77.

Fiera Capital (TSE:FSZ - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of C$160.80 million. On average, sell-side analysts anticipate that Fiera Capital will post 1.0905563 earnings per share for the current year.

Insiders Place Their Bets

In other Fiera Capital news, Senior Officer John Valentini sold 122,500 shares of the firm's stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$7.46, for a total value of C$913,347.75. In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company's stock in a transaction that occurred 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. Also, Senior Officer John Valentini sold 122,500 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$7.46, for a total value of C$913,347.75. In the last three months, insiders sold 207,400 shares of company stock worth $1,601,622. Corporate insiders own 0.86% of the company's stock.

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.