FirstService Co. (TSE:FSV) Senior Officer Sells C$420,400.00 in Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 1,600 shares of FirstService 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 %

TSE FSV opened at C$262.10 on Friday. The company has a debt-to-equity ratio of 105.28, a current ratio of 1.74 and a quick ratio of 1.25. The stock has a market capitalization of C$11.80 billion, a P/E ratio of 107.82, a PEG ratio of 107.75 and a beta of 0.96. The firm’s 50-day moving average is C$251.52 and its two-hundred day moving average is C$227.72. FirstService Co. has a 12 month low of C$193.77 and a 12 month high of C$267.26.

FirstService Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, September 30th were given a dividend of $0.337 per share. The ex-dividend date was Friday, September 27th. This represents a $1.35 annualized dividend and a dividend yield of 0.51%. FirstService’s dividend payout ratio is presently 55.56%.

Analyst Upgrades and Downgrades

Separately, TD Securities upped their price target on FirstService from C$182.00 to C$194.00 and gave the stock a “hold” rating in a report 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.