Fiera Capital Corp

FSZ-T

TSE:FSZ

9.27
0.04 (0.43%)
Fiera Capital Corporation is an asset management firm. The Company offers a wide range of traditional and alternative investment solutions in asset allocation, and delivers investment management capabilities to institutional, private wealth and retail clients in Canada. Fiera Capital also offers its asset management services to clients in the U.S.
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Analysis and Opinions about FSZ-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 4, 2020
Good alternative to a bank share? In a word, no. Their big 20% share drop move is significant. Asset management growth companies are more volatile, especially in falling markets when asset values are falling. He prefers to own traditional banks for their better dividend yield and more diversified business.
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Good alternative to a bank share? In a word, no. Their big 20% share drop move is significant. Asset management growth companies are more volatile, especially in falling markets when asset values are falling. He prefers to own traditional banks for their better dividend yield and more diversified business.
PAST TOP PICK
PAST TOP PICK
March 4, 2020
(A Top Pick Sep 27/19, Up 13%) They bought one of the world's largest fund managers. Pays a sustainable 7% dividend yield. In falling markets, active managers outperform, which will benefit Fiera.
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(A Top Pick Sep 27/19, Up 13%) They bought one of the world's largest fund managers. Pays a sustainable 7% dividend yield. In falling markets, active managers outperform, which will benefit Fiera.
DON'T BUY
DON'T BUY
October 15, 2019
They grow by acquisition, some smart ones, but the asset management business is tough, given ETFs and robo advisors. Nothing against Fiera, but the sector faces these hurdles. He's watching Fiera.
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Fiera Capital Corp (FSZ-T)
October 15, 2019
They grow by acquisition, some smart ones, but the asset management business is tough, given ETFs and robo advisors. Nothing against Fiera, but the sector faces these hurdles. He's watching Fiera.
TOP PICK
TOP PICK
September 27, 2019
The third largest independent asset manager in Canada. They have 100B in assets. They are doing rollups now. A major French asset management entered into an agreement with them and bought 11% of National Bank's shares.
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Fiera Capital Corp (FSZ-T)
September 27, 2019
The third largest independent asset manager in Canada. They have 100B in assets. They are doing rollups now. A major French asset management entered into an agreement with them and bought 11% of National Bank's shares.
COMMENT
COMMENT
September 26, 2019

Pays nearly a 7% yield. Cheap PE, too. They've grown by acquisition, owning hedge funds,. private equity, etc. But can they grow organically and increase margins? If they acquire, they must buy big companies to make enough of an impact. They also face heavy competition from ETFs and companies like Blackrock.

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Fiera Capital Corp (FSZ-T)
September 26, 2019

Pays nearly a 7% yield. Cheap PE, too. They've grown by acquisition, owning hedge funds,. private equity, etc. But can they grow organically and increase margins? If they acquire, they must buy big companies to make enough of an impact. They also face heavy competition from ETFs and companies like Blackrock.

HOLD
HOLD
July 24, 2019
He does not own this. They have grown by acquisition. He believes the company is buying assets with the eye that an institutional buyer will take them out -- a good strategy he thinks. Yield 7.5% (Analysts’ price target is $14.00)
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He does not own this. They have grown by acquisition. He believes the company is buying assets with the eye that an institutional buyer will take them out -- a good strategy he thinks. Yield 7.5% (Analysts’ price target is $14.00)
TOP PICK
TOP PICK
January 3, 2019
They were successful last quarter. They are very levered to assets. It trades at 10 times with a 7% yield. Management is incented to raise the dividend. (Analysts’ price target is $14.54)
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They were successful last quarter. They are very levered to assets. It trades at 10 times with a 7% yield. Management is incented to raise the dividend. (Analysts’ price target is $14.54)
BUY
BUY
March 28, 2018

They are in the business of asset management. Their fixed income exposure could be a bit of concern to the market. He is a holder, thinks it is good value and expects a dividend increase going forward. They announced a $5 billion acquisition of a high net worth investment business last week.

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They are in the business of asset management. Their fixed income exposure could be a bit of concern to the market. He is a holder, thinks it is good value and expects a dividend increase going forward. They announced a $5 billion acquisition of a high net worth investment business last week.

WATCH
WATCH
March 27, 2018

He’s been looking closely at this company recently. If you look at total assets under management, they’ve grown a lot, much of that by acquisition. Their margins and expenses seem high. This is probably partially a result of paying top dollar for acquisitions, but he thinks something else is going on too. The compensation number seems very high. He thinks the company will have to digest its acquisitions and improve its profitability before it goes back up.

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He’s been looking closely at this company recently. If you look at total assets under management, they’ve grown a lot, much of that by acquisition. Their margins and expenses seem high. This is probably partially a result of paying top dollar for acquisitions, but he thinks something else is going on too. The compensation number seems very high. He thinks the company will have to digest its acquisitions and improve its profitability before it goes back up.

BUY
BUY
January 16, 2018

A money manager based out of Montreal involved in a number of Institutional high net worth. They've been a continual acquirer of other businesses. Pretty solidly managed, and have done well over time. Recently did a financing to shore up the balance sheet and help pay for some recent acquisitions. At these levels, it is a Buy.

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Fiera Capital Corp (FSZ-T)
January 16, 2018

A money manager based out of Montreal involved in a number of Institutional high net worth. They've been a continual acquirer of other businesses. Pretty solidly managed, and have done well over time. Recently did a financing to shore up the balance sheet and help pay for some recent acquisitions. At these levels, it is a Buy.

COMMENT
COMMENT
March 27, 2017

It is not his favourite industry with the regulatory changes coming in terms of fee disclosure. Margins are going to get compressed. They have a great dividend growth record. It is a well managed company.

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It is not his favourite industry with the regulatory changes coming in terms of fee disclosure. Margins are going to get compressed. They have a great dividend growth record. It is a well managed company.

COMMENT
COMMENT
January 18, 2017

A tough, tough business. ETF’s are taking away mutual fund business. There are new regulations showing how much clients are paying in fees. This company has gone into the US and started buying US money managers. The stock is quite cheap and pays a nice dividend. National Bank (NA-T) owns half the company. Their growth rate has been a little bit higher than the rest of the business, and he likes the acquisitions that they have done. In a tough, tough industry, he would consider this as the best stock right now in that sector.

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Fiera Capital Corp (FSZ-T)
January 18, 2017

A tough, tough business. ETF’s are taking away mutual fund business. There are new regulations showing how much clients are paying in fees. This company has gone into the US and started buying US money managers. The stock is quite cheap and pays a nice dividend. National Bank (NA-T) owns half the company. Their growth rate has been a little bit higher than the rest of the business, and he likes the acquisitions that they have done. In a tough, tough industry, he would consider this as the best stock right now in that sector.

COMMENT
COMMENT
November 2, 2016

Asset management. National Bank (NA-T) owns a big chunk. They’ve started to make acquisitions in the US, which is where the growth opportunity really is. Unfortunately asset management is changing. Margins are going down, sales are dropping and everyone really doesn’t like the business right now. This is one of the better ones in the business. Has a decent dividend which is still growing. Own it for the dividend and the long-term story and asset accumulation, but just don’t expect a whole lot in the next year.

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Fiera Capital Corp (FSZ-T)
November 2, 2016

Asset management. National Bank (NA-T) owns a big chunk. They’ve started to make acquisitions in the US, which is where the growth opportunity really is. Unfortunately asset management is changing. Margins are going down, sales are dropping and everyone really doesn’t like the business right now. This is one of the better ones in the business. Has a decent dividend which is still growing. Own it for the dividend and the long-term story and asset accumulation, but just don’t expect a whole lot in the next year.

WEAK BUY
WEAK BUY
April 11, 2016

They are one of the leading consolidators in the Canadian asset management space. They have been very aggressive. It is probably a good long term one to hold on to. One day they may even be a takeover target themselves.

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They are one of the leading consolidators in the Canadian asset management space. They have been very aggressive. It is probably a good long term one to hold on to. One day they may even be a takeover target themselves.

DON'T BUY
DON'T BUY
November 19, 2015

These are top-notch bond managers and very well respected. The stock chart is sort of meandering downward, and not a trend that he would want to be involved in. It is trying to find some support at the 2014 low. If it manages to hold support and then breaks the last high at around $12 he would consider buying it, but it is very early to make that prediction.

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Fiera Capital Corp (FSZ-T)
November 19, 2015

These are top-notch bond managers and very well respected. The stock chart is sort of meandering downward, and not a trend that he would want to be involved in. It is trying to find some support at the 2014 low. If it manages to hold support and then breaks the last high at around $12 he would consider buying it, but it is very early to make that prediction.

Showing 1 to 15 of 24 entries

Fiera Capital Corp(FSZ-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 4

Stockchase rating for Fiera Capital Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Fiera Capital Corp(FSZ-T) Frequently Asked Questions

What is Fiera Capital Corp stock symbol?

Fiera Capital Corp is a Canadian stock, trading under the symbol FSZ-T on the Toronto Stock Exchange (FSZ-CT). It is usually referred to as TSX:FSZ or FSZ-T

Is Fiera Capital Corp a buy or a sell?

In the last year, 4 stock analysts published opinions about FSZ-T. 1 analyst recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Fiera Capital Corp.

Is Fiera Capital Corp a good investment or a top pick?

Fiera Capital Corp was recommended as a Top Pick by Gavin Graham on 2020-03-04. Read the latest stock experts ratings for Fiera Capital Corp.

Why is Fiera Capital Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Fiera Capital Corp worth watching?

4 stock analysts on Stockchase covered Fiera Capital Corp In the last year. It is a trending stock that is worth watching.

What is Fiera Capital Corp stock price?

On 2020-05-29, Fiera Capital Corp (FSZ-T) stock closed at a price of $9.27.