FirstService Co. (TSE:FSV) Senior Officer Douglas G. Cooke Sells 5,000 Shares

FirstService Co. (TSE:FSVGet Free Report) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 5,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of C$223.00, for a total value of C$1,115,000.00.

FirstService Trading Up 0.4 %

Shares of FSV stock opened at C$224.16 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.25 and a debt-to-equity ratio of 79.23. FirstService Co. has a 12-month low of C$181.42 and a 12-month high of C$230.47. The stock has a market capitalization of C$10.00 billion, a P/E ratio of 56.46, a P/E/G ratio of 107.75 and a beta of 0.94. The firm’s 50 day moving average is C$218.80 and its 200 day moving average is C$208.30.

FirstService Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 5th. Investors of record on Friday, March 29th will be issued a $0.336 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.34 annualized dividend and a dividend yield of 0.60%. This is a positive change from FirstService’s previous quarterly dividend of $0.31. FirstService’s payout ratio is presently 30.23%.

Wall Street Analyst Weigh In

FSV has been the subject of several recent analyst reports. Royal Bank of Canada lifted their target price on shares of FirstService from C$178.00 to C$187.00 and gave the stock an “outperform” rating in a report on Wednesday, December 20th. Stifel Nicolaus increased their target price on FirstService from C$175.00 to C$190.00 and gave the company a “buy” rating in a research note on Wednesday, December 20th. Finally, Raymond James boosted their price target on FirstService from C$180.00 to C$185.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 19th.

View Our Latest Report on FirstService

FirstService Company Profile

(Get Free Report)

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.

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