FNSC Holdings Inc. Acquires 105,214 Shares of First National Financial Co. (TSE:FN) Stock

First National Financial Co. (TSE:FN - Get Free Report) insider FNSC Holdings Inc. purchased 105,214 shares of the company's stock in a transaction on Thursday, November 14th. The shares were bought at an average price of C$42.73 per share, with a total value of C$4,495,794.22.

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

• On Monday, October 7th, FNSC Holdings Inc. acquired 25,774 shares of First National Financial stock. The stock was purchased at an average cost of C$38.81 per share, with a total value of C$1,000,288.94.
• On Thursday, September 19th, FNSC Holdings Inc. bought 16,565 shares of First National Financial stock. The shares were purchased at an average cost of C$39.24 per share, for a total transaction of C$650,010.60.

First National Financial Stock Up 0.7 %

TSE:FN traded up C$0.30 during trading hours on Friday, hitting C$43.03. The company's stock had a trading volume of 21,400 shares, compared to its average volume of 30,525. First National Financial Co. has a 52-week low of C$35.15 and a 52-week high of C$43.48. 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. The stock has a market capitalization of C$2.58 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The stock has a fifty day moving average of C$39.87 and a 200-day moving average of C$37.76.

First National Financial Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.708 per share. This represents a dividend yield of 1.71%. The ex-dividend date is Friday, November 29th. First National Financial's dividend payout ratio (DPR) is presently 64.47%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on FN shares. CIBC upped their target price on shares of First National Financial from C$40.00 to C$44.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. TD Securities increased their price objective 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. Scotiabank boosted their target price on First National Financial from C$41.00 to C$44.00 in a research note on Wednesday, July 24th. Finally, National Bankshares increased their price target on 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 company currently has a consensus rating of "Hold" and a consensus price target 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.