Fiera Capital Co. (TSE:FSZ) Receives Average Rating of “N/A” from Brokerages

Fiera Capital Co. (TSE:FSZ) has received an average rating of “N/A” from the zero analysts that are currently covering the company, MarketBeat.com reports.

A number of equities research analysts have recently commented on FSZ shares. TD Securities reduced their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. CIBC decreased their target price on shares of Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. Scotiabank upped their price target on Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th. National Bankshares downgraded Fiera Capital from a “sector perform” rating to an “underperform” rating and lifted their price objective for the stock from C$7.00 to C$8.00 in a research report on Monday, July 29th. Finally, National Bank Financial cut Fiera Capital from a “hold” rating to a “strong sell” rating in a report on Sunday, July 28th.

Fiera Capital Price Performance

TSE:FSZ opened at C$8.89 on Tuesday. The stock has a 50 day moving average of C$7.85 and a two-hundred day moving average of C$7.65. Fiera Capital has a 12 month low of C$4.32 and a 12 month high of C$9.01. The firm has a market cap of C$780.10 million, a P/E ratio of 16.46, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter, topping the consensus estimate of C$0.19 by C$0.04. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. The firm had revenue of C$164.79 million during the quarter, compared to analysts’ expectations of C$160.80 million. On average, analysts expect that Fiera Capital will post 1.0905563 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Fiera Capital news, Senior Officer John Valentini sold 28,000 shares of Fiera Capital stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$8.57, for a total transaction of C$240,046.80. In related news, Senior Officer John Valentini sold 28,000 shares of the stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$8.57, for a total transaction of C$240,046.80. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total value of C$73,049.00. Insiders sold a total of 207,400 shares of company stock valued at $1,601,622 over the last quarter. 0.86% of the stock is owned by insiders.

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.