First American Financial Co. (NYSE:FAF) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of First American Financial Co. (NYSE:FAF) by 2.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,721 shares of the insurance provider’s stock after selling 1,061 shares during the quarter. Yousif Capital Management LLC’s holdings in First American Financial were worth $2,418,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FAF. UMB Bank n.a. raised its holdings in shares of First American Financial by 66.9% during the fourth quarter. UMB Bank n.a. now owns 524 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 210 shares during the last quarter. Venturi Wealth Management LLC grew its position in First American Financial by 132.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 625 shares of the insurance provider’s stock worth $41,000 after purchasing an additional 356 shares during the period. Blue Trust Inc. raised its stake in shares of First American Financial by 214.2% during the 3rd quarter. Blue Trust Inc. now owns 1,021 shares of the insurance provider’s stock valued at $67,000 after buying an additional 696 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of First American Financial by 34.9% in the 4th quarter. GAMMA Investing LLC now owns 1,071 shares of the insurance provider’s stock valued at $67,000 after buying an additional 277 shares during the period. Finally, Sunbelt Securities Inc. purchased a new stake in shares of First American Financial in the third quarter worth about $75,000. 89.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on FAF shares. Barclays raised their price objective on shares of First American Financial from $70.00 to $72.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Keefe, Bruyette & Woods dropped their price target on shares of First American Financial from $80.00 to $74.00 and set a “market perform” rating on the stock in a research report on Wednesday, January 8th. Stephens upped their price objective on shares of First American Financial from $66.00 to $73.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Truist Financial raised their target price on First American Financial from $68.00 to $73.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $73.00.

First American Financial Trading Down 0.1 %

NYSE:FAF opened at $64.02 on Monday. The firm has a market cap of $6.59 billion, a P/E ratio of 71.93 and a beta of 1.33. The stock has a 50 day moving average of $63.34 and a two-hundred day moving average of $63.84. First American Financial Co. has a 12 month low of $51.60 and a 12 month high of $70.92.

First American Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Monday, March 10th. First American Financial’s payout ratio is 242.70%.

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.