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

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. purchased 105,214 shares of First National Financial stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of C$42.73 per share, with a total value of C$4,495,794.22.

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

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

First National Financial Stock Up 0.3 %

Shares of FN stock traded up C$0.11 during trading hours on Friday, reaching C$42.84. 7,999 shares of the company’s stock were exchanged, compared to its average volume of 30,464. First National Financial Co. has a 1 year low of C$35.15 and a 1 year high of C$43.48. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61. The stock has a market cap of C$2.57 billion, a PE ratio of 11.24, a PEG ratio of 0.70 and a beta of 1.04. The stock’s fifty day moving average price is C$39.76 and its two-hundred day moving average price is C$37.73.

First National Financial Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a dividend of $0.708 per share. This represents a yield of 1.71%. The ex-dividend date is Friday, November 29th. First National Financial’s dividend payout ratio (DPR) is 64.47%.

Analysts Set New Price Targets

FN has been the topic of several recent research reports. National Bankshares increased their price target on First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. CIBC boosted their price target on shares of First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Scotiabank raised their price target on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. Finally, TD Securities lifted their price target on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, First National Financial presently has an average rating of “Hold” and an average price target 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.