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

Fiera Capital Co. (TSE:FSZ) has been assigned an average recommendation of “N/A” from the zero analysts that are presently covering the company, Marketbeat reports.

FSZ has been the topic of a number of recent analyst reports. Scotiabank lifted their target price on Fiera Capital from C$8.00 to C$8.50 in a research note on Thursday, May 9th. CIBC lowered their target price on Fiera Capital from C$8.25 to C$7.25 and set a “neutral” rating on the stock in a research note on Friday, April 26th.

Insider Activity

In other news, Senior Officer John Valentini sold 61,600 shares of the company’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of C$7.88, for a total transaction of C$485,432.64. Company insiders own 0.87% of the company’s stock.

Fiera Capital Price Performance

FSZ opened at C$8.13 on Friday. The company has a debt-to-equity ratio of 243.00, a current ratio of 1.34 and a quick ratio of 1.05. The company has a market capitalization of C$702.84 million, a price-to-earnings ratio of 13.78, a P/E/G ratio of -0.87 and a beta of 0.85. The firm’s fifty day moving average price is C$7.08 and its two-hundred day moving average price is C$7.22. Fiera Capital has a 1 year low of C$4.32 and a 1 year high of C$8.75.

Fiera Capital (TSE:FSZ) last released its earnings results on Wednesday, May 8th. The company reported C$0.25 EPS for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.06. The company had revenue of C$168.12 million for the quarter, compared to analysts’ expectations of C$160.30 million. Fiera Capital had a return on equity of 23.90% and a net margin of 9.84%. As a group, analysts anticipate that Fiera Capital will post 1.0296736 earnings per share for the current fiscal year.

Fiera Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Investors of record on Monday, May 20th were paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 10.58%. The ex-dividend date of this dividend was Thursday, May 16th. Fiera Capital’s dividend payout ratio is currently 145.76%.

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.