Insider Buying: First National Financial Co. (TSE:FN) Insider Purchases C$30,051.00 in Stock

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. acquired 742 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average price of C$40.50 per share, for a total transaction of C$30,051.00.

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

• On Thursday, November 14th, FNSC Holdings Inc. acquired 105,214 shares of First National Financial stock. The stock was bought at an average price of C$42.73 per share, for a total transaction of C$4,495,794.22.
• On Monday, October 7th, FNSC Holdings Inc. acquired 25,774 shares of First National Financial stock. The stock was bought at an average price of C$38.81 per share, for a total transaction of C$1,000,288.94.

First National Financial Stock Up 0.8 %

Shares of FN opened at C$40.35 on Monday. The firm has a market cap of C$2.42 billion, a P/E ratio of 10.62, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial Co. has a 1 year low of C$35.15 and a 1 year high of C$45.10. The company has a debt-to-equity ratio of 6,280.61, a current ratio of 8.92 and a quick ratio of 10.11. The stock has a 50 day simple moving average of C$41.92 and a two-hundred day simple moving average of C$38.80.

First National Financial Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on FN shares. National Bankshares upped their price objective on shares of First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 30th. TD Securities upped their target price on 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. Finally, CIBC upped their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, First National Financial currently has a consensus rating of “Hold” and an average price target of C$42.67.

First National Financial Company Profile

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.