First American Financial Corp. (NYSE:FAF)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $40.45, but opened at $40.50. First American Financial Corp. shares last traded at $40.74, with a volume of 722,160 shares changing hands.

The company’s 50-day moving average is $38.43 and its 200-day moving average is $36.57. The firm has a market capitalization of $4.48 billion and a PE ratio of 14.89.

First American Financial Corp. (NYSE:FAF) last posted its earnings results on Thursday, April 21st. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.37 by $0.10. During the same quarter in the prior year, the business earned $0.34 earnings per share. The business earned $1.20 billion during the quarter, compared to analyst estimates of $1.14 billion. The firm’s revenue was up 8.2% compared to the same quarter last year. Equities research analysts predict that First American Financial Corp. will post $2.85 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Wednesday, June 8th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.54%. The ex-dividend date was Monday, June 6th.

Other institutional investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of First American Financial Corp. by 0.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 31,528 shares of the company’s stock valued at $1,132,000 after buying an additional 164 shares during the period. Mutual of America Capital Management LLC boosted its position in shares of First American Financial Corp. by 0.8% in the fourth quarter. Mutual of America Capital Management LLC now owns 73,009 shares of the company’s stock valued at $2,621,000 after buying an additional 593 shares during the period. Nationwide Fund Advisors boosted its position in shares of First American Financial Corp. by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 305,351 shares of the company’s stock valued at $10,962,000 after buying an additional 850 shares during the period. Rhumbline Advisers boosted its position in shares of First American Financial Corp. by 0.7% in the fourth quarter. Rhumbline Advisers now owns 261,697 shares of the company’s stock valued at $9,395,000 after buying an additional 1,860 shares during the period. Finally, Retirement Systems of Alabama boosted its position in shares of First American Financial Corp. by 1.4% in the fourth quarter. Retirement Systems of Alabama now owns 139,731 shares of the company’s stock valued at $5,016,000 after buying an additional 1,949 shares during the period.

First American Financial Corporation is a holding company. Through its subsidiaries, the Company is engaged in the business of providing financial services. The Company’s segments include Title Insurance and Services, Specialty Insurance and corporate function. The Company’s title insurance and services segment issues title insurance policies on residential and commercial property in the United States and offers similar or related products and services internationally.

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