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 the business’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average price of C$40.50 per share, for a total transaction 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 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. bought 25,774 shares of First National Financial stock. The shares were acquired at an average price of C$38.81 per share, with a total value of C$1,000,288.94.

First National Financial Stock Performance

Shares of FN opened at C$40.35 on Friday. The company’s 50 day simple moving average is C$41.92 and its 200-day simple moving average is C$38.80. The firm has a market cap of C$2.42 billion, a PE ratio of 10.62, a price-to-earnings-growth 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$45.10. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61.

First National Financial Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have weighed in on FN shares. CIBC raised their price objective 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. TD Securities increased their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, National Bankshares boosted their price target 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. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target 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.