FNSC Holdings Inc. Buys 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 First National Financial stock in a transaction dated Thursday, November 14th. The stock was 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 acquired 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. purchased 16,565 shares of First National Financial stock. The stock was bought at an average cost of C$39.24 per share, for a total transaction of C$650,010.60.

First National Financial Trading Up 0.7 %

FN stock opened at C$43.03 on Friday. 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 firm’s 50-day moving average is C$39.87 and its 200 day moving average is C$37.76. The company has a market capitalization of C$2.58 billion, a PE ratio of 11.32, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial Co. has a 12 month low of C$35.15 and a 12 month high of C$43.48.

First National Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. TD Securities boosted their price target on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Scotiabank raised their price target on shares of First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. National Bankshares upped their price objective on First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. Finally, CIBC raised their price target on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a 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 data from MarketBeat.com, the company currently 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.