Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$293,014.70 in Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 36,500 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of C$8.03, for a total transaction of C$293,014.70.

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

• On Tuesday, September 24th, John Valentini sold 10,400 shares of Fiera Capital stock. The stock was sold at an average price of C$7.90, for a total transaction of C$82,164.16.
• On Thursday, September 12th, John Valentini sold 122,500 shares of Fiera Capital stock. The stock was sold at an average price of C$7.46, for a total transaction of C$913,347.75.

Fiera Capital Trading Up 2.2 %

Shares of FSZ opened at C$8.27 on Monday. The stock has a market cap of C$725.69 million, a PE ratio of 15.31, a P/E/G ratio of -0.87 and a beta of 1.63. The company has a debt-to-equity ratio of 259.56, a current ratio of 1.39 and a quick ratio of 1.05. Fiera Capital Co. has a 12 month low of C$4.32 and a 12 month high of C$9.01. The stock’s 50-day moving average is C$7.83 and its two-hundred day moving average is C$7.64.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.04. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The firm had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million.

Wall Street Analyst Weigh In

A number of research firms have commented on FSZ. CIBC reduced their target price on Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. National Bankshares cut Fiera Capital from a “sector perform” rating to an “underperform” rating and increased their target price for the company from C$7.00 to C$8.00 in a report on Monday, July 29th. TD Securities lowered their price target on shares of Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. Scotiabank lifted their price objective on Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th. Finally, 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. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$7.89.

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.