Fiera Capital Co. (TSE:FSZ) Senior Officer Sells C$82,164.16 in Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 10,400 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$7.90, for a total transaction of C$82,164.16.

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

• On Thursday, September 26th, John Valentini sold 36,500 shares of Fiera Capital stock. The stock was sold at an average price of C$8.03, for a total transaction of C$293,014.70.
• 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 Price Performance

Fiera Capital stock opened at C$8.27 on Friday. The company has a market cap of C$725.69 million, a price-to-earnings ratio of 15.35, a PEG ratio of -0.87 and a beta of 1.63. The firm’s fifty day moving average is C$7.84 and its 200 day moving average is C$7.65. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56. Fiera Capital Co. has a 52-week low of C$4.32 and a 52-week high of C$9.01.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on FSZ shares. National Bank Financial cut shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Scotiabank increased their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th. CIBC reduced their price target on shares of Fiera Capital from C$9.00 to C$8.00 in a research report on Thursday, August 8th. TD Securities reduced their price target on shares of Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. Finally, National Bankshares cut shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and raised their target price for the stock from C$7.00 to C$8.00 in a report on Monday, July 29th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average 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.