FNSC Holdings Inc. Acquires 24,796 Shares of First National Financial Co. (TSE:FN) Stock

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. purchased 24,796 shares of the stock in a transaction on Wednesday, February 5th. The shares were purchased at an average price of C$40.34 per share, with a total value of C$1,000,270.64.

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

• On Tuesday, January 14th, FNSC Holdings Inc. acquired 6,412 shares of First National Financial stock. The shares were bought at an average cost of C$39.00 per share, with a total value of C$250,068.00.
• On Wednesday, December 18th, FNSC Holdings Inc. bought 742 shares of First National Financial stock. The shares were bought at an average cost of C$40.50 per share, for a total transaction of C$30,051.00.
• On Thursday, November 14th, FNSC Holdings Inc. purchased 105,214 shares of First National Financial stock. The shares were purchased at an average cost of C$42.73 per share, for a total transaction of C$4,495,794.22.

First National Financial Price Performance

Shares of TSE:FN opened at C$40.32 on Friday. 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 cap of C$2.42 billion, a PE ratio of 10.61, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The stock’s fifty day simple moving average is C$40.82 and its two-hundred day simple moving average is C$39.84. First National Financial Co. has a 1-year low of C$35.15 and a 1-year high of C$45.10.

Analysts Set New Price Targets

FN has been the topic of a number of recent research reports. CIBC increased their target price 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 upped their price objective on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, National Bankshares lifted their price objective on shares of 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 analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$42.67.

First National Financial Company Profile

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.