First National Financial Co. (TSE:FN) Insider FNSC Holdings Inc. Acquires 105,214 Shares

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. acquired 105,214 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average cost of C$42.73 per share, for a total transaction of C$4,495,794.22.

FNSC Holdings Inc. also recently made the following trade(s):

• On Monday, October 7th, FNSC Holdings Inc. bought 25,774 shares of First National Financial stock. The shares were acquired at an average cost of C$38.81 per share, for a total transaction of C$1,000,288.94.
• On Thursday, September 19th, FNSC Holdings Inc. purchased 16,565 shares of First National Financial stock. The stock was acquired at an average price of C$39.24 per share, with a total value of C$650,010.60.

First National Financial Stock Performance

Shares of TSE:FN opened at C$43.03 on Friday. The firm has a fifty day simple moving average of C$39.87 and a two-hundred day simple moving average of C$37.76. First National Financial Co. has a 52 week low of C$35.15 and a 52 week high of C$43.48. The company has a quick ratio of 10.11, a current ratio of 8.92 and a debt-to-equity ratio of 6,280.61. The stock has a market capitalization of C$2.58 billion, a P/E ratio of 11.32, a PEG ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.708 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a yield of 1.71%. First National Financial’s payout ratio is currently 64.47%.

Analyst Ratings Changes

Several research firms have recently commented on FN. Scotiabank boosted their target price on shares of First National Financial from C$41.00 to C$44.00 in a report on Wednesday, July 24th. TD Securities boosted their price target on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. National Bankshares increased their price objective on shares of First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th. Finally, CIBC lifted their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$42.67.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.