Fiera Capital Co. (TSE:FSZ) Receives Average Recommendation of “N/A” from Brokerages

Shares of Fiera Capital Co. (TSE:FSZ) have earned an average recommendation of “N/A” from the zero ratings firms that are covering the stock, Marketbeat reports.

A number of equities analysts recently weighed in on FSZ shares. Scotiabank lifted their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. CIBC lowered their price objective on Fiera Capital from C$9.00 to C$8.00 in a research report on Thursday, August 8th. TD Securities cut their target price on Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. National Bankshares downgraded Fiera Capital from a “sector perform” rating to an “underperform” rating and lifted their target price for the stock from C$7.00 to C$8.00 in a report on Monday, July 29th. Finally, National Bank Financial cut Fiera Capital from a “hold” rating to a “strong sell” rating in a report on Sunday, July 28th.

Fiera Capital Stock Up 1.4 %

Shares of FSZ opened at C$7.84 on Friday. Fiera Capital has a 52 week low of C$4.32 and a 52 week high of C$9.01. The company has a debt-to-equity ratio of 259.56, a quick ratio of 1.05 and a current ratio of 1.39. The stock has a market capitalization of C$687.96 million, a price-to-earnings ratio of 14.52, a PEG ratio of -0.87 and a beta of 1.63. The stock has a fifty day moving average of C$7.87 and a 200-day moving average of C$7.66.

Fiera Capital (TSE:FSZ) last released its earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.04. The business had revenue of C$164.79 million during the quarter, compared to the consensus estimate of C$160.80 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. As a group, sell-side analysts anticipate that Fiera Capital will post 1.0891813 earnings per share for the current fiscal year.

Insider Buying and Selling at Fiera Capital

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 transaction of C$73,049.00. In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00. Also, Senior Officer John Valentini sold 122,500 shares of the company’s 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. Insiders own 0.86% of the company’s stock.

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.