First American Financial Corp (FAF) : Cwh Capital Management scooped up 80 additional shares in First American Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 74,728 shares of First American Financial Corp which is valued at $3,058,617.First American Financial Corp makes up approximately 2.12% of Cwh Capital Management’s portfolio.
Other Hedge Funds, Including , Blackrock Fund Advisors reduced its stake in FAF by selling 1,427,978 shares or 27.48% in the most recent quarter. The Hedge Fund company now holds 3,767,896 shares of FAF which is valued at $154,219,983. First American Financial Corp makes up approx 0.03% of Blackrock Fund Advisors’s portfolio.Sandy Spring Bank reduced its stake in FAF by selling 500 shares or 29.99% in the most recent quarter. The Hedge Fund company now holds 1,167 shares of FAF which is valued at $47,649. First American Financial Corp makes up approx 0.01% of Sandy Spring Bank’s portfolio. Nine Chapters Capital Management sold out all of its stake in FAF during the most recent quarter. The investment firm sold 14,000 shares of FAF which is valued $571,620.Glenmede Trust Co Na boosted its stake in FAF in the latest quarter, The investment management firm added 984 additional shares and now holds a total of 2,509 shares of First American Financial Corp which is valued at $102,066.Crestpoint Capital Management reduced its stake in FAF by selling 3,400 shares or 24.46% in the most recent quarter. The Hedge Fund company now holds 10,500 shares of FAF which is valued at $433,335. First American Financial Corp makes up approx 0.22% of Crestpoint Capital Management’s portfolio.
First American Financial Corp closed down -0.31 points or -0.73% at $42.36 with 7,64,207 shares getting traded on Friday. Post opening the session at $42.52, the shares hit an intraday low of $41.79 and an intraday high of $42.52 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, First American Financial Corp reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.82. The company had revenue of $1361.50 million for the quarter, compared to analysts expectations of $1378.98 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 EPS.
First American Financial Corporation (FAF) is a holding company. Through its subsidiaries the Company is engaged in the business of providing financial services. The Company operates in two segments: Title Insurance and Services segment and Specialty Insurance segment. The Title Insurance and Services segment issues title insurance policies on residential and commercial property. This segment also provides closing and escrow services; accommodates tax-deferred exchanges of real estate and provides banking trust and investment advisory services. The Company’s specialty insurance segment issues property and casualty insurance policies and sells home warranty products. The property and casualty insurance business provides insurance coverage to residential homeowners and renters for liability losses and typical hazards such as fire theft vandalism and other types of property damage. The Company’s subsidiary is First American Title Insurance Company and First American Trust FSB.