David Lloyd Johnston Acquires 9 Shares of Fairfax Financial Holdings Limited (TSE:FFH) Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director David Lloyd Johnston acquired 9 shares of the stock in a transaction dated Monday, September 16th. The stock was acquired at an average price of C$1,666.98 per share, for a total transaction of C$15,002.82.

David Lloyd Johnston also recently made the following trade(s):

• On Tuesday, June 25th, David Lloyd Johnston acquired 10 shares of Fairfax Financial stock. The stock was bought at an average price of C$1,515.19 per share, for a total transaction of C$15,151.90.

Fairfax Financial Price Performance

Fairfax Financial stock traded down C$7.08 during trading hours on Tuesday, reaching C$1,677.90. 4,860 shares of the stock were exchanged, compared to its average volume of 57,397. The company has a market cap of C$35.96 billion, a P/E ratio of 7.59, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. The company has a current ratio of 3.75, a quick ratio of 0.93 and a debt-to-equity ratio of 40.13. Fairfax Financial Holdings Limited has a twelve month low of C$1,070.00 and a twelve month high of C$1,699.91. The stock has a 50 day moving average of C$1,580.81 and a two-hundred day moving average of C$1,539.43.

Fairfax Financial (TSE:FFH) last posted its quarterly earnings results on Thursday, August 1st. The company reported C$50.87 earnings per share for the quarter, missing analysts’ consensus estimates of C$51.23 by C($0.36). Fairfax Financial had a net margin of 12.27% and a return on equity of 17.91%. The company had revenue of C$10.25 billion during the quarter. Equities analysts expect that Fairfax Financial Holdings Limited will post 208.2727273 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Scotiabank upped their price target on shares of Fairfax Financial from C$1,950.00 to C$2,000.00 in a research note on Wednesday, July 24th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$1,829.17.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.