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

Shares of Fiera Capital Co. (TSE:FSZ) have been given a consensus rating of “N/A” by the zero brokerages that are currently covering the company, MarketBeat.com reports.

A number of equities research analysts have weighed in on the company. CIBC lowered their price objective on Fiera Capital from C$8.25 to C$7.25 and set a “neutral” rating for the company in a research note on Friday, April 26th. Scotiabank raised their price objective on Fiera Capital from C$8.00 to C$8.50 in a research note on Thursday, May 9th.

Insider Transactions at Fiera Capital

In other news, Senior Officer John Valentini sold 61,600 shares of Fiera Capital stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of C$7.88, for a total value of C$485,432.64. Insiders own 0.87% of the company’s stock.

Fiera Capital Stock Performance

Fiera Capital stock opened at C$8.13 on Friday. The stock’s 50-day moving average is C$7.08 and its 200-day moving average is C$7.22. The company has a market cap of C$702.84 million, a price-to-earnings ratio of 13.78, a price-to-earnings-growth ratio of -0.87 and a beta of 0.85. The company has a debt-to-equity ratio of 243.00, a current ratio of 1.34 and a quick ratio of 1.05. Fiera Capital has a 12 month low of C$4.32 and a 12 month high of C$8.75.

Fiera Capital (TSE:FSZ) last announced its earnings results on Wednesday, May 8th. The company reported C$0.25 EPS for the quarter, beating the consensus estimate of C$0.19 by C$0.06. The business had revenue of C$168.12 million for the quarter, compared to the consensus estimate of C$160.30 million. Fiera Capital had a return on equity of 23.90% and a net margin of 9.84%. Equities analysts anticipate that Fiera Capital will post 1.0296736 earnings per share for the current year.

Fiera Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Monday, May 20th were given a $0.215 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.86 annualized dividend and a dividend yield of 10.58%. Fiera Capital’s payout ratio is 145.76%.

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.