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 FirstService stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$262.75, for a total transaction of C$420,400.00.

FirstService Stock Up 0.1 %

FSV stock traded up C$0.33 during mid-day trading on Thursday, hitting C$262.49. 13,066 shares of the company were exchanged, compared to its average volume of 74,472. The company has a market capitalization of C$11.82 billion, a PE ratio of 107.88, a price-to-earnings-growth ratio of 107.75 and a beta of 0.96. The firm has a fifty day simple moving average of C$251.09 and a 200 day simple moving average of C$227.37. The company has a current ratio of 1.74, a quick ratio of 1.25 and a debt-to-equity ratio of 105.28. FirstService Co. has a twelve month low of C$193.77 and a twelve month high of C$267.26.

FirstService Cuts Dividend

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

Analyst Ratings Changes

Separately, TD Securities increased their target price on FirstService from C$182.00 to C$194.00 and gave the stock 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.