John Valentini Sells 10,400 Shares of Fiera Capital Co. (TSE:FSZ) Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 10,400 shares of Fiera Capital stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$7.90, for a total transaction of C$82,164.16.

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

• On Thursday, September 26th, John Valentini sold 36,500 shares of Fiera Capital stock. The stock was sold at an average price of C$8.03, for a total value of C$293,014.70.
• 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 Stock Up 2.2 %

Fiera Capital stock opened at C$8.27 on Friday. The stock has a market capitalization of C$725.69 million, a PE ratio of 15.35, a price-to-earnings-growth ratio of -0.87 and a beta of 1.63. Fiera Capital Co. has a twelve month low of C$4.32 and a twelve month high of C$9.01. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56. The company has a 50 day moving average of C$7.84 and a 200-day moving average of C$7.65.

Fiera Capital (TSE:FSZ) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share for the quarter, beating the consensus estimate of C$0.19 by C$0.04. The company had revenue of C$164.79 million during 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%.

Analysts Set New Price Targets

FSZ has been the subject of several recent analyst reports. Scotiabank upped their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. National Bankshares lowered shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and raised their price target for the stock from C$7.00 to C$8.00 in a research report on Monday, July 29th. TD Securities decreased their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. National Bank Financial lowered shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Finally, CIBC decreased their target price on shares of Fiera Capital from C$9.00 to C$8.00 in a research report on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to data from MarketBeat, Fiera Capital has a consensus rating of “Hold” and an average target price 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.