FirstService Corp Ownership

FSV Stock  CAD 273.12  0.46  0.17%   
FirstService Corp holds a total of 45.13 Million outstanding shares. The majority of FirstService Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FirstService Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in FirstService Corp. Please pay attention to any change in the institutional holdings of FirstService Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2012-09-30
Previous Quarter
45.1 M
Current Value
45.3 M
Avarage Shares Outstanding
39.2 M
Quarterly Volatility
4.5 M
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as FirstService Corp in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of FirstService Corp, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, FirstService Corp's Dividend Yield is very stable compared to the past year. As of the 1st of December 2024, Dividend Payout Ratio is likely to grow to 0.44, while Dividends Paid is likely to drop about 20 M. As of the 1st of December 2024, Net Income Applicable To Common Shares is likely to grow to about 146.2 M, while Common Stock Shares Outstanding is likely to drop about 40.3 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.

FirstService Stock Ownership Analysis

About 78.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.68. FirstService Corp last dividend was issued on the 27th of September 2024. The entity had 1709:1000 split on the 2nd of June 2015. FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. FirstService Corporation was founded in 1988 and is headquartered in Toronto, Canada. FIRSTSERVICE CORPORATION operates under Real Estate Services classification in Canada and is traded on Toronto Stock Exchange. It employs 24000 people. To learn more about FirstService Corp call Charles Fallon at 416 960 9566 or check out https://www.firstservice.com.

FirstService Corp Outstanding Bonds

FirstService Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. FirstService Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most FirstService bonds can be classified according to their maturity, which is the date when FirstService Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with FirstService Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FirstService Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FirstService Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with FirstService Stock

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The ability to find closely correlated positions to FirstService Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstService Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FirstService Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FirstService Corp to buy it.
The correlation of FirstService Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FirstService Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstService Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FirstService Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.