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

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. acquired 742 shares of First National Financial stock in a transaction dated 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. purchased 105,214 shares of First National Financial stock. The stock was acquired at an average price of C$42.73 per share, for a total transaction of C$4,495,794.22.
• On Monday, October 7th, FNSC Holdings Inc. acquired 25,774 shares of First National Financial stock. The shares were bought at an average price of C$38.81 per share, for a total transaction of C$1,000,288.94.

First National Financial Stock Performance

TSE FN opened at C$40.35 on Friday. The stock has a fifty day simple moving average of C$41.91 and a 200 day simple moving average of C$38.78. First National Financial Co. has a twelve month low of C$35.15 and a twelve month high of C$45.10. The company has a market capitalization of C$2.42 billion, a price-to-earnings ratio of 10.62, a PEG 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 Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 13th. Stockholders 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 of this dividend was Friday, November 29th. First National Financial’s dividend payout ratio (DPR) is presently 64.47%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FN shares. CIBC lifted 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. TD Securities boosted their price target on First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, National Bankshares lifted 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 report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average 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.