Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$240,046.80 in Stock

Fiera Capital Co. (TSE:FSZ - Get Free Report) Senior Officer John Valentini sold 28,000 shares of the company's stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$8.57, for a total transaction of C$240,046.80.

John Valentini also recently made the following trade(s):

• On Thursday, September 26th, John Valentini sold 36,500 shares of Fiera Capital stock. The shares were sold at an average price of C$8.03, for a total transaction of C$293,014.70.
• On Tuesday, September 24th, John Valentini sold 10,400 shares of Fiera Capital stock. The stock was sold at an average price of C$7.90, for a total transaction of C$82,164.16.
• On Thursday, September 12th, John Valentini sold 122,500 shares of Fiera Capital stock. The shares were sold at an average price of C$7.46, for a total transaction of C$913,347.75.

Fiera Capital Price Performance

Shares of FSZ traded down C$0.02 during mid-day trading on Monday, reaching C$8.55. 175,576 shares of the company's stock were exchanged, compared to its average volume of 275,516. Fiera Capital Co. has a 52-week low of C$4.32 and a 52-week high of C$9.01. The company has a market cap of C$750.26 million, a price-to-earnings ratio of 15.83, a PEG ratio of -0.87 and a beta of 1.64. The company has a 50-day simple moving average of C$7.81 and a two-hundred day simple moving average of C$7.63. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.19 by C$0.04. The company had revenue of C$164.79 million for the quarter, compared to analysts' expectations of C$160.80 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. On average, sell-side analysts predict that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on FSZ shares. Scotiabank upped their price objective on Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. TD Securities lowered their price objective on shares of Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. National Bankshares downgraded shares of Fiera Capital from a "sector perform" rating to an "underperform" rating and upped their price objective for the stock from C$7.00 to C$8.00 in a research report on Monday, July 29th. CIBC lowered their target price on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. Finally, National Bank Financial cut shares of Fiera Capital from a "hold" rating to a "strong sell" rating in a report on Sunday, July 28th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat.com, Fiera Capital has a consensus rating of "Hold" and a consensus price target of C$7.89.

Fiera Capital Company Profile

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.