First National Financial Co. (TSE:FN) Insider Acquires C$250,068.00 in Stock

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. acquired 6,412 shares of First National Financial stock in a transaction dated Tuesday, January 14th. The shares were bought at an average cost 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 bought 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 bought at an average cost of C$42.73 per share, for a total transaction of C$4,495,794.22.

First National Financial Stock Performance

TSE:FN opened at C$40.30 on Friday. 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 firm’s fifty day simple moving average is C$41.64 and its 200 day simple moving average is C$39.37. The stock has a market cap of C$2.42 billion, a P/E ratio of 10.61, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. 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 Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FN. CIBC raised their target price on shares of 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. National Bankshares boosted their price objective on shares of 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. Finally, TD Securities increased their target price on shares of 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. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, First National Financial currently has a consensus rating of “Hold” and a consensus 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.