FNSC Holdings Inc. Acquires 742 Shares of First National Financial Co. (TSE:FN) Stock

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. purchased 742 shares of First National Financial stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of C$40.50 per share, with a total value of C$30,051.00.

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

• On Thursday, November 14th, FNSC Holdings Inc. acquired 105,214 shares of First National Financial stock. The shares were bought at an average price of C$42.73 per share, with a total value of C$4,495,794.22.
• On Monday, October 7th, FNSC Holdings Inc. acquired 25,774 shares of First National Financial stock. The stock was acquired at an average cost of C$38.81 per share, with a total value of C$1,000,288.94.

First National Financial Price Performance

Shares of First National Financial stock traded up C$0.25 on Friday, hitting C$40.26. The company had a trading volume of 9,085 shares, compared to its average volume of 30,948. The business has a 50-day simple moving average of C$41.90 and a 200-day simple moving average of C$38.75. First National Financial Co. has a 52 week low of C$35.15 and a 52 week high of C$45.10. The company has a market cap of C$2.41 billion, a PE ratio of 10.59, a PEG ratio of 0.70 and a beta of 1.04. 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.

First National Financial Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have recently commented on FN. CIBC boosted 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 report on Wednesday, October 30th. National Bankshares upped 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 report on Wednesday, October 30th. Finally, TD Securities upped 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 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. According to MarketBeat.com, the stock currently has an average 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.