Rep. Gilbert Ray Cisneros, Jr. Buys FirstService Corporation (NASDAQ:FSV) Shares

by · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of FirstService Corporation (NASDAQ:FSV). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in FirstService stock on March 27th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
  • Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 3/25/2026.

FirstService Stock Performance

Shares of FirstService stock traded up $0.91 on Thursday, reaching $145.74. 97,880 shares of the stock were exchanged, compared to its average volume of 212,350. FirstService Corporation has a 1-year low of $133.42 and a 1-year high of $209.66. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.79. The business has a fifty day moving average price of $148.76 and a two-hundred day moving average price of $158.56. The firm has a market capitalization of $6.70 billion, a PE ratio of 46.12, a PEG ratio of 3.75 and a beta of 1.09.

FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last issued its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. FirstService had a net margin of 2.64% and a return on equity of 18.69%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period in the previous year, the business posted $1.34 earnings per share. The business’s revenue was up 1.3% compared to the same quarter last year. As a group, research analysts anticipate that FirstService Corporation will post 5.27 earnings per share for the current fiscal year.

FirstService Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from FirstService’s previous quarterly dividend of $0.28. The ex-dividend date was Tuesday, March 31st. FirstService’s dividend payout ratio (DPR) is presently 38.61%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPL Wealth Management LLC purchased a new stake in shares of FirstService in the third quarter valued at about $26,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of FirstService by 88.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 81 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of FirstService in the fourth quarter valued at about $34,000. Geneos Wealth Management Inc. lifted its holdings in shares of FirstService by 63.7% in the second quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 79 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of FirstService in the first quarter valued at about $38,000. 69.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FSV. TD Securities restated a “buy” rating and set a $217.00 target price on shares of FirstService in a research report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and set a $202.00 target price on shares of FirstService in a research report on Thursday, February 5th. Wall Street Zen upgraded shares of FirstService from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of FirstService in a research report on Friday, March 27th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.67.

Get Our Latest Report on FirstService

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About FirstService

(Get 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.

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