Fiera Capital Corp (TSE:FSZ) had its target price cut by National Bank Financial from C$17.00 to C$16.50 in a research report report published on Monday. They currently have an outperform rating on the stock.
A number of other equities research analysts have also weighed in on FSZ. Scotiabank restated an outperform rating and set a C$14.50 price objective on shares of Fiera Capital Corp in a research note on Monday, April 17th. TD Securities raised their price objective on Fiera Capital Corp from C$16.00 to C$16.50 and gave the company a buy rating in a research note on Thursday, May 11th. Finally, CIBC restated an outperform rating and set a C$17.50 price objective on shares of Fiera Capital Corp in a research note on Thursday, June 29th. Five investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of C$16.50.
Shares of Fiera Capital Corp (FSZ) opened at 14.96 on Monday. The company’s 50-day moving average price is $14.19 and its 200 day moving average price is $13.78. Fiera Capital Corp has a 1-year low of $11.56 and a 1-year high of $15.20. The stock has a market cap of $1.23 billion and a PE ratio of 116.87.
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The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Wednesday, August 23rd will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.81%. The ex-dividend date is Monday, August 21st. This is a positive change from Fiera Capital Corp’s previous quarterly dividend of $0.11.
In other Fiera Capital Corp news, Director Todd Michael Morgan sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of C$13.75, for a total transaction of C$61,875.00.
About Fiera Capital Corp
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.
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