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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of FirstService Corporation (NASDAQ:FSV). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in FirstService stock on February 10th. 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 Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

FirstService Stock Down 2.3%

FSV traded down $3.31 during mid-day trading on Thursday, reaching $141.96. 223,220 shares of the stock were exchanged, compared to its average volume of 214,510. FirstService Corporation has a 1 year low of $139.60 and a 1 year high of $209.66. The stock has a market capitalization of $6.49 billion, a PE ratio of 44.92, a price-to-earnings-growth ratio of 3.90 and a beta of 1.05. The company has a 50 day moving average price of $156.13 and a two-hundred day moving average price of $167.22. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.73 and a current ratio of 1.73.

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

FirstService Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st will be given a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, March 31st. This is an increase from FirstService’s previous quarterly dividend of $0.28. FirstService’s payout ratio is currently 34.81%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FSV. Truist Financial Corp boosted its stake in FirstService by 0.9% in the 4th quarter. Truist Financial Corp now owns 8,894 shares of the financial services provider’s stock worth $1,383,000 after purchasing an additional 77 shares in the last quarter. Evergreen Capital Management LLC boosted its holdings in FirstService by 5.6% in the second quarter. Evergreen Capital Management LLC now owns 1,462 shares of the financial services provider’s stock worth $256,000 after purchasing an additional 77 shares during the last quarter. Geneos Wealth Management Inc. grew its position in FirstService by 63.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 79 shares during the period. Parr Mcknight Wealth Management Group LLC grew its position in FirstService by 1.1% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 7,583 shares of the financial services provider’s stock worth $1,444,000 after purchasing an additional 81 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its stake in FirstService by 88.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider’s stock valued at $27,000 after buying an additional 81 shares during the last quarter. 69.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FSV. BMO Capital Markets reaffirmed an “outperform” rating and issued a $202.00 price target on shares of FirstService in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FirstService in a report on Monday, December 22nd. TD Securities reiterated a “buy” rating and set a $217.00 price objective on shares of FirstService in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of FirstService from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, FirstService has an average rating of “Moderate Buy” and an average price target of $211.67.

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.

FirstService Company Profile

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.