Fiera Capital (TSE:FSZ) Shares Pass Above Two Hundred Day Moving Average of $0.00

Shares of Fiera Capital Co. (TSE:FSZ) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$10.59. Fiera Capital shares last traded at C$10.50, with a volume of 156,018 shares.

Several equities research analysts have recently commented on the company. National Bankshares boosted their price objective on Fiera Capital from C$11.50 to C$12.00 and gave the company a “sector perform” rating in a report on Friday, March 19th. Royal Bank of Canada cut their target price on Fiera Capital from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Friday, May 7th. TD Securities lifted their target price on Fiera Capital from C$11.00 to C$11.50 and gave the company a “hold” rating in a research report on Friday, May 7th. Finally, CIBC cut their target price on Fiera Capital from C$12.00 to C$11.25 and set a “neutral” rating on the stock in a research report on Monday, April 26th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of C$11.89.

The stock has a 50-day simple moving average of C$10.60. The company has a current ratio of 1.34, a quick ratio of 1.06 and a debt-to-equity ratio of 174.85. The firm has a market capitalization of C$1.09 billion and a price-to-earnings ratio of 96.94.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings data on Thursday, May 6th. The company reported C$0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.33 by C($0.01). The business had revenue of C$165.61 million during the quarter, compared to analyst estimates of C$166.45 million. On average, equities analysts expect that Fiera Capital Co. will post 1.47 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 15th. Stockholders of record on Tuesday, May 18th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, May 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.02%. Fiera Capital’s dividend payout ratio is presently 777.78%.

Fiera Capital Company Profile (TSE:FSZ)

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.

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