Insider Selling: 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 that occurred on Tuesday, September 24th. The stock was 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 Stock Performance

TSE:FSZ opened at C$8.27 on Friday. The company has a debt-to-equity ratio of 259.56, a quick ratio of 1.05 and a current ratio of 1.39. Fiera Capital Co. has a fifty-two week low of C$4.32 and a fifty-two week high of C$9.01. The business has a 50 day moving average price of C$7.83 and a 200-day moving average price of C$7.65. The firm has a market cap of C$725.69 million, a PE ratio of 15.31, a price-to-earnings-growth ratio of -0.87 and a beta of 1.63.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 8.97% and a return on equity of 22.95%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FSZ. TD Securities reduced their target price on Fiera Capital from C$8.00 to C$7.50 in a research note on Thursday, August 8th. National Bank Financial cut Fiera Capital from a “hold” rating to a “strong sell” rating in a report on Sunday, July 28th. CIBC cut their target price on Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. Scotiabank lifted their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. Finally, National Bankshares lowered shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and boosted their price objective for the stock from C$7.00 to C$8.00 in a report on Monday, July 29th. Two investment 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.com, Fiera Capital presently has a consensus rating of “Hold” and an average target price 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.