FirstService Co. (TSE:FSV) Director Erin Joy Wallace Sells 4,425 Shares of Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Erin Joy Wallace sold 4,425 shares of FirstService stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of C$272.31, for a total transaction of C$1,204,982.02.

FirstService Stock Up 0.1 %

FSV stock opened at C$273.58 on Friday. The company has a market cap of C$12.32 billion, a PE ratio of 112.58, a price-to-earnings-growth ratio of 107.75 and a beta of 0.96. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28. FirstService Co. has a 52 week low of C$193.77 and a 52 week high of C$278.19. The business has a 50-day simple moving average of C$256.56 and a 200 day simple moving average of C$231.84.

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 paid a $0.337 dividend. The ex-dividend date was Friday, September 27th. This represents a $1.35 dividend on an annualized basis and a yield of 0.49%. FirstService’s dividend payout ratio (DPR) is 55.56%.

Analyst Ratings Changes

Separately, TD Securities lifted their price target on shares of FirstService from C$182.00 to C$194.00 and gave the company 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.