Fairfax Financial Holdings Limited (TSE:FFH) Director David Lloyd Johnston Acquires 16 Shares

Fairfax Financial Holdings Limited (TSE:FFHGet Free Report) Director David Lloyd Johnston purchased 16 shares of the firm’s stock in a transaction that occurred on Friday, March 31st. The stock was bought at an average cost of C$915.00 per share, for a total transaction of C$14,640.00.

Fairfax Financial Trading Down 1.1 %

Shares of Fairfax Financial stock opened at C$1,456.93 on Wednesday. Fairfax Financial Holdings Limited has a fifty-two week low of C$863.55 and a fifty-two week high of C$1,481.69. The company has a debt-to-equity ratio of 35.10, a quick ratio of 0.93 and a current ratio of 4.06. The firm has a market capitalization of C$33.51 billion, a price-to-earnings ratio of 6.10, a PEG ratio of 0.27 and a beta of 0.86. The stock has a 50 day moving average of C$1,333.42 and a 200 day moving average of C$1,227.32.

Fairfax Financial Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Thursday, January 25th. Investors of record on Thursday, January 18th were given a dividend of $19.871 per share. This represents a dividend yield of 1.63%. This is an increase from Fairfax Financial’s previous annual dividend of $13.42. The ex-dividend date of this dividend was Wednesday, January 17th. Fairfax Financial’s dividend payout ratio (DPR) is presently 8.49%.

Analyst Ratings Changes

A number of equities analysts have commented on FFH shares. Cormark increased their target price on Fairfax Financial from C$1,500.00 to C$1,600.00 in a report on Tuesday, November 7th. Royal Bank of Canada increased their price objective on Fairfax Financial from C$1,085.00 to C$1,200.00 and gave the company an “outperform” rating in a research note on Tuesday, February 20th. Scotiabank lifted their target price on shares of Fairfax Financial from C$1,650.00 to C$1,900.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. BMO Capital Markets increased their target price on shares of Fairfax Financial from C$1,550.00 to C$1,650.00 and gave the company an “outperform” rating in a research report on Tuesday, February 20th. Finally, National Bankshares increased their price target on Fairfax Financial from C$1,800.00 to C$2,000.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$1,641.67.

Get Our Latest Stock Analysis on Fairfax Financial

About Fairfax Financial

(Get Free Report)

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.

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