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

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 $1,001 and $15,000 in FirstService stock on February 13th. 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 1.9%

Shares of NASDAQ FSV traded down $2.71 during midday trading on Thursday, reaching $142.56. 105,369 shares of the company’s stock were exchanged, compared to its average volume of 231,214. The business’s fifty day moving average price is $156.40 and its two-hundred day moving average price is $167.39. FirstService Corporation has a 52-week low of $139.60 and a 52-week high of $209.66. The stock has a market capitalization of $6.52 billion, a PE ratio of 45.18, a price-to-earnings-growth ratio of 4.01 and a beta of 1.05. 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 released 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. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. FirstService had a net margin of 2.64% and a return on equity of 18.69%. FirstService’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.34 earnings per share. Analysts forecast that FirstService Corporation will post 5.27 EPS for the current year.

FirstService Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.305 per share. 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 a positive change from FirstService’s previous quarterly dividend of $0.28. FirstService’s dividend payout ratio (DPR) is 34.81%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FirstService in a research report on Monday, December 22nd. BMO Capital Markets reiterated an “outperform” rating and set a $202.00 price objective on shares of FirstService in a research note 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, TD Securities reiterated a “buy” rating and issued a $217.00 target price on shares of FirstService in a research note on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, FirstService has a consensus rating of “Moderate Buy” and a consensus target price of $211.67.

Hedge Funds Weigh In On FirstService

Institutional investors and hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd lifted its holdings in FirstService by 796.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 825 shares of the financial services provider’s stock valued at $128,000 after purchasing an additional 733 shares in the last quarter. GFI Investment Counsel Ltd. boosted its stake in shares of FirstService by 6.9% during the fourth quarter. GFI Investment Counsel Ltd. now owns 13,421 shares of the financial services provider’s stock worth $2,088,000 after buying an additional 862 shares during the period. Invesco Ltd. raised its holdings in FirstService by 0.5% during the fourth quarter. Invesco Ltd. now owns 43,051 shares of the financial services provider’s stock worth $6,696,000 after purchasing an additional 219 shares in the last quarter. Alberta Investment Management Corp grew its stake in FirstService by 31.0% in the 4th quarter. Alberta Investment Management Corp now owns 27,500 shares of the financial services provider’s stock valued at $4,277,000 after acquiring an additional 6,500 shares during the last quarter. Finally, Mackenzie Financial Corp raised its stake in FirstService by 15.5% during the fourth quarter. Mackenzie Financial Corp now owns 1,791,116 shares of the financial services provider’s stock worth $278,247,000 after purchasing an additional 239,941 shares during the period. Institutional investors own 69.35% of the company’s stock.

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.