Dimensional Fund Advisors LP Has $247.48 Million Stock Holdings in First American Financial Co. (NYSE:FAF)

Dimensional Fund Advisors LP boosted its stake in shares of First American Financial Co. (NYSE:FAF - Free Report) by 3.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,963,516 shares of the insurance provider's stock after buying an additional 129,863 shares during the period. Dimensional Fund Advisors LP owned approximately 3.85% of First American Financial worth $247,481,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FAF. Forum Financial Management LP bought a new stake in First American Financial in the 4th quarter valued at $235,000. Cramer Rosenthal Mcglynn LLC raised its stake in shares of First American Financial by 2.2% in the 4th quarter. Cramer Rosenthal Mcglynn LLC now owns 847,843 shares of the insurance provider's stock valued at $52,939,000 after purchasing an additional 17,879 shares during the period. Capital Group Private Client Services Inc. bought a new stake in shares of First American Financial in the fourth quarter valued at about $3,655,000. Capital International Investors acquired a new position in shares of First American Financial during the fourth quarter worth about $41,626,000. Finally, Adams Wealth Management grew its holdings in shares of First American Financial by 17.5% during the fourth quarter. Adams Wealth Management now owns 10,776 shares of the insurance provider's stock worth $673,000 after buying an additional 1,608 shares in the last quarter. Institutional investors own 89.05% of the company's stock.

Insider Activity

In other news, CFO Mark Edward Seaton sold 12,679 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $64.28, for a total transaction of $815,006.12. Following the completion of the sale, the chief financial officer now owns 195,812 shares in the company, valued at approximately $12,586,795.36. This trade represents a 6.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dennis J. Gilmore sold 111,971 shares of the company's stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $63.60, for a total transaction of $7,121,355.60. Following the completion of the transaction, the director now owns 494,574 shares in the company, valued at approximately $31,454,906.40. This trade represents a 18.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 127,707 shares of company stock valued at $8,136,565 over the last three months. Insiders own 3.70% of the company's stock.

First American Financial Stock Down 3.7 %

NYSE:FAF opened at $57.02 on Tuesday. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of 45.62 and a beta of 1.23. First American Financial Co. has a twelve month low of $51.60 and a twelve month high of $70.92. The stock's 50 day moving average price is $63.16 and its two-hundred day moving average price is $63.82.

First American Financial (NYSE:FAF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The insurance provider reported $1.35 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.22. First American Financial had a net margin of 2.14% and a return on equity of 9.35%. As a group, analysts anticipate that First American Financial Co. will post 5.35 earnings per share for the current year.

First American Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were paid a $0.54 dividend. The ex-dividend date was Monday, March 10th. This represents a $2.16 annualized dividend and a yield of 3.79%. First American Financial's dividend payout ratio is 172.80%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FAF. Stephens upped their price target on First American Financial from $73.00 to $78.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Keefe, Bruyette & Woods upgraded shares of First American Financial from a "market perform" rating to an "outperform" rating and set a $75.00 target price for the company in a report on Tuesday, April 8th.

First American Financial Company Profile

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.

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