FNSC Holdings Inc. Acquires 6,412 Shares of First National Financial Co. (TSE:FN) Stock

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. acquired 6,412 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The shares were bought at an average price of C$39.00 per share, for a total transaction 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 purchased 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 purchased at an average price of C$42.73 per share, for a total transaction of C$4,495,794.22.

First National Financial Trading Up 0.8 %

Shares of First National Financial stock opened at C$40.11 on Friday. The stock has a market cap of C$2.41 billion, a P/E ratio of 10.56, 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. First National Financial Co. has a 12-month low of C$35.15 and a 12-month high of C$45.10. The business’s 50 day moving average is C$41.68 and its 200-day moving average is C$39.34.

First National Financial Dividend Announcement

The company also recently declared 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. This represents a yield of 1.71%. The ex-dividend date was Friday, November 29th. First National Financial’s dividend payout ratio (DPR) is currently 64.47%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. National Bankshares lifted their target price on First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th. CIBC boosted their price objective on shares of First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, TD Securities raised their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research report 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 stock. According to data from MarketBeat, the company 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.