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

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

A number of equities analysts have recently issued reports on FSZ shares. National Bankshares increased their price objective on shares of Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a research note on Wednesday, October 30th. TD Securities lifted their price target on Fiera Capital from C$9.00 to C$10.00 and gave the company a “hold” rating in a report on Friday, November 8th. Desjardins upped their price objective on Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a research note on Thursday, October 24th. CIBC lifted their target price on Fiera Capital from C$9.50 to C$11.00 in a research note on Friday, November 8th. Finally, BMO Capital Markets increased their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research report on Tuesday, October 29th.

Fiera Capital Stock Performance

Fiera Capital stock opened at C$8.44 on Thursday. The company has a debt-to-equity ratio of 259.56, a quick ratio of 1.05 and a current ratio of 1.39. The company has a market capitalization of C$740.61 million, a PE ratio of 15.63, a P/E/G ratio of -0.87 and a beta of 1.64. The company has a 50 day moving average price of C$9.21 and a 200-day moving average price of C$8.63. Fiera Capital has a fifty-two week low of C$6.37 and a fifty-two week high of C$10.92.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.06. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. The business had revenue of C$171.71 million for the quarter, compared to the consensus estimate of C$163.10 million. As a group, equities analysts forecast that Fiera Capital will post 1.0905563 earnings per share for the current year.

Fiera Capital Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, November 19th were given a dividend of $0.216 per share. This represents a $0.86 annualized dividend and a yield of 10.24%. The ex-dividend date of this dividend was Tuesday, November 19th. This is an increase from Fiera Capital’s previous quarterly dividend of $0.22. Fiera Capital’s payout ratio is currently 159.26%.

Insider Buying and Selling at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total value of C$93,028.60. 0.86% of the stock is currently owned by company insiders.

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.