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

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. bought 105,214 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were 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. purchased 25,774 shares of First National Financial stock. The shares were purchased 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. bought 16,565 shares of First National Financial stock. The stock was bought at an average price of C$39.24 per share, for a total transaction of C$650,010.60.

First National Financial Trading Up 0.7 %

Shares of FN opened at C$43.03 on Friday. 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. First National Financial Co. has a twelve month low of C$35.15 and a twelve month high of C$43.48. The stock’s fifty day simple moving average is C$39.87 and its 200 day simple moving average is C$37.76. The firm has a market capitalization of C$2.58 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. National Bankshares raised their price target on shares of 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. TD Securities upped their price objective on shares of 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. CIBC lifted 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 note on Wednesday, October 30th. Finally, Scotiabank raised their target price on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. Four 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, First National Financial presently has a consensus rating of “Hold” and a consensus target price 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.