Douglas G. Cooke Sells 1,600 Shares of FirstService Co. (TSE:FSV) Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 1,600 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of C$262.75, for a total transaction of C$420,400.00.

FirstService Trading Up 0.8 %

FSV opened at C$262.10 on Friday. FirstService Co. has a one year low of C$193.77 and a one year high of C$267.26. The company has a debt-to-equity ratio of 105.28, a quick ratio of 1.25 and a current ratio of 1.74. The stock has a market cap of C$11.80 billion, a price-to-earnings ratio of 107.82, a P/E/G ratio of 107.75 and a beta of 0.96. The stock’s 50 day moving average price is C$251.52 and its 200-day moving average price is C$227.72.

FirstService Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were issued a $0.337 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $1.35 annualized dividend and a dividend yield of 0.51%. FirstService’s payout ratio is currently 55.56%.

Wall Street Analyst Weigh In

Separately, TD Securities lifted their price target on shares of FirstService from C$182.00 to C$194.00 and gave the stock a “hold” rating in a research note on Monday, October 28th.

About FirstService

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.