Wells Fargo & Company MN trimmed its holdings in FirstService Co. ( NASDAQ:FSV – Free Report ) (TSE:FSV) by 2.2% in the 4th quarter, HoldingsChannel reports.
The firm owned 56,689 shares of the financial services provider’s stock after selling 1,295 shares during the quarter. Wells Fargo & Company MN’s holdings in FirstService were worth $10,264,000 at the end of the most recent reporting period. Other institutional investors have also added to or reduced their stakes in the company.
Versant Capital Management Inc purchased a new position in shares of FirstService in the fourth quarter valued at $29,000. Trust Co. of Vermont bought a new position in FirstService during the fourth quarter valued at $46,000.
Wilmington Savings Fund Society FSB purchased a new position in shares of FirstService in the 3rd quarter worth $53,000. Blue Trust Inc. grew its stake in shares of FirstService by 158.
2% in the 4th quarter. Blue Trust Inc. now owns 728 shares of the financial services provider’s stock worth $133,000 after buying an additional 446 shares in the last quarter.
Finally, Gitterman Wealth Management LLC bought a new stake in shares of FirstService in the 4th quarter worth about $201,000. 69.35% of the stock is owned by hedge funds and other institutional investors.
FirstService Stock Performance FirstService stock opened at $171.95 on Thursday. FirstService Co.
has a 1-year low of $141.26 and a 1-year high of $197.84.
The company’s 50-day moving average is $170.22 and its 200 day moving average is $179.88.
The firm has a market capitalization of $7.81 billion, a P/E ratio of 57.90 and a beta of 1.
04. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.
75 and a quick ratio of 1.79. FirstService Increases Dividend Wall Street Analyst Weigh In A number of research analysts recently commented on the stock.
Raymond James increased their price target on shares of FirstService from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Thursday, January 30th.
StockNews.com lowered FirstService from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock.
Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $201.67.
Read Our Latest Research Report on FirstService About FirstService ( Free Report ) 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.
See Also Want to see what other hedge funds are holding FSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FirstService Co. ( NASDAQ:FSV – Free Report ) (TSE:FSV).
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Wells Fargo & Company MN Cuts Stake in FirstService Co. (NASDAQ:FSV)

Wells Fargo & Company MN trimmed its holdings in FirstService Co. (NASDAQ:FSV – Free Report) (TSE:FSV) by 2.2% in the 4th quarter, HoldingsChannel reports. The firm owned 56,689 shares of the financial services provider’s stock after selling 1,295 shares during the quarter. Wells Fargo & Company MN’s holdings in FirstService were worth $10,264,000 at the [...]