Douglas G. Cooke Sells 3,000 Shares of FirstService Co. (TSE:FSV) Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 3,000 shares of FirstService stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of C$261.50, for a total transaction of C$784,500.00.

Douglas G. Cooke also recently made the following trade(s):

• On Friday, November 15th, Douglas G. Cooke sold 5,000 shares of FirstService stock. The stock was sold at an average price of C$262.70, for a total transaction of C$1,313,500.00.
• On Wednesday, November 13th, Douglas G. Cooke sold 1,600 shares of FirstService stock. The shares were sold at an average price of C$262.75, for a total value of C$420,400.00.

FirstService Trading Up 0.3 %

Shares of TSE FSV opened at C$268.86 on Friday. The firm has a 50 day moving average price of C$254.09 and a two-hundred day moving average price of C$230.02. The stock has a market cap of C$12.10 billion, a P/E ratio of 110.64, a price-to-earnings-growth ratio of 107.75 and a beta of 0.96. FirstService Co. has a 52-week low of C$193.77 and a 52-week high of C$270.12. The company has a debt-to-equity ratio of 105.28, a quick ratio of 1.25 and a current ratio of 1.74.

FirstService Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were given a dividend of $0.337 per share. This represents a $1.35 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend was Friday, September 27th. FirstService’s dividend payout ratio is currently 55.56%.

Analyst Ratings Changes

Separately, TD Securities boosted their price objective on FirstService from C$182.00 to C$194.00 and gave the stock a “hold” rating in a research report on Monday, October 28th.

FirstService Company Profile

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.