First National Financial Co. (TSE:FN) Insider FNSC Holdings Inc. Purchases 6,412 Shares

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. acquired 6,412 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The stock was purchased at an average cost of C$39.00 per share, with a total value of C$250,068.00.

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

• On Wednesday, December 18th, FNSC Holdings Inc. bought 742 shares of First National Financial stock. The shares were acquired at an average price of C$40.50 per share, with a total value of C$30,051.00.
• On Thursday, November 14th, FNSC Holdings Inc. purchased 105,214 shares of First National Financial stock. The stock was acquired at an average cost of C$42.73 per share, for a total transaction of C$4,495,794.22.

First National Financial Price Performance

Shares of TSE FN opened at C$39.80 on Thursday. The firm has a market capitalization of C$2.39 billion, a P/E ratio of 10.47, a P/E/G ratio of 0.70 and a beta of 1.04. 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’s 50-day simple moving average is C$41.71 and its two-hundred day simple moving average is C$39.31. First National Financial Co. has a twelve month low of C$35.15 and a twelve month high of C$45.10.

First National Financial Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FN. National Bankshares boosted their target price 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. CIBC boosted their price objective on First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Finally, TD Securities raised 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. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus 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.