Fiera Capital Co. (TSE:FSZ) Given Average Recommendation of “N/A” by Analysts

Shares of Fiera Capital Co. (TSE:FSZ) have received a consensus rating of “N/A” from the zero ratings firms that are currently covering the stock, Marketbeat.com reports.

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

Insiders Place Their Bets

In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of Fiera Capital 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 value of C$73,049.00. In other news, Senior Officer John Valentini sold 122,500 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$7.46, for a total transaction of C$913,347.75. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the 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 value of C$73,049.00. Company insiders own 0.86% of the company’s stock.

Fiera Capital Stock Up 0.8 %

TSE FSZ opened at C$7.63 on Friday. Fiera Capital has a fifty-two week low of C$4.32 and a fifty-two week high of C$9.01. The business has a fifty day moving average price of C$7.89 and a two-hundred day moving average price of C$7.66. The company has a debt-to-equity ratio of 259.56, a current ratio of 1.39 and a quick ratio of 1.05. The stock has a market capitalization of C$669.53 million, a PE ratio of 14.13, a PEG ratio of -0.87 and a beta of 1.63.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data 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 business had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. Equities analysts expect that Fiera Capital will post 1.0891813 earnings per share for the current fiscal year.

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.