Nicola Wealth Management LTD. Acquires Shares of 50,390 FirstService Corporation $FSV

Posted by Brian Himes on May 25th, 2026

Nicola Wealth Management LTD. acquired a new stake in shares of FirstService Corporation (NASDAQ:FSV – Free Report) (TSE:FSV) in the 4th quarter, HoldingsChannel reports. The firm acquired 50,390 shares of the financial services provider’s stock, valued at approximately $7,837,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. M&T Bank Corp acquired a new stake in shares of FirstService in the 4th quarter valued at approximately $6,120,000. Captrust Financial Advisors lifted its holdings in shares of FirstService by 3.0% in the 3rd quarter. Captrust Financial Advisors now owns 247,931 shares of the financial services provider’s stock valued at $47,228,000 after buying an additional 7,136 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in shares of FirstService by 68.4% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 15,738 shares of the financial services provider’s stock valued at $2,998,000 after buying an additional 6,394 shares during the period. UBS Group AG lifted its holdings in shares of FirstService by 40.5% in the 4th quarter. UBS Group AG now owns 174,467 shares of the financial services provider’s stock valued at $27,135,000 after buying an additional 50,263 shares during the period. Finally, Louisbourg Investments Inc. acquired a new stake in shares of FirstService in the 4th quarter valued at approximately $3,837,000. 69.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FSV has been the subject of several recent analyst reports. TD Securities set a $204.00 price target on FirstService in a report on Friday, April 24th. Stifel Nicolaus reduced their price target on FirstService from $215.00 to $200.00 and set a “buy” rating for the company in a report on Monday, April 27th. BMO Capital Markets reissued an “outperform” rating and issued a $202.00 price target on shares of FirstService in a report on Thursday, February 5th. Wall Street Zen raised FirstService from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Loop Capital initiated coverage on FirstService in a report on Monday, May 4th. They issued a “hold” rating and a $140.00 price target for the company. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $196.89.

Check Out Our Latest Stock Analysis on FirstService

FirstService Stock Performance

NASDAQ FSV opened at $131.66 on Monday. FirstService Corporation has a 1-year low of $119.41 and a 1-year high of $209.66. The company has a market capitalization of $6.05 billion, a P/E ratio of 37.19, a PEG ratio of 4.00 and a beta of 0.97. The business has a 50 day moving average price of $139.18 and a 200 day moving average price of $149.69. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.66 and a quick ratio of 1.66.

FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. FirstService had a return on equity of 17.91% and a net margin of 2.92%.The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business posted $0.92 EPS. FirstService’s quarterly revenue was up 5.3% on a year-over-year basis. Sell-side analysts expect that FirstService Corporation will post 5.54 EPS for the current fiscal year.

FirstService Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th will be paid a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. FirstService’s dividend payout ratio (DPR) is presently 34.46%.

FirstService Profile

(Free Report)

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.