• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by First American Corporation (New) (Amendment)

    2/14/24 4:05:33 PM ET
    $FAF
    Specialty Insurers
    Finance
    Get the next $FAF alert in real time by email
    SC 13G/A 1 faf212245sc13ga2.htm AMENDMENT NO. 2

     

     

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G/A

    (Amendment 2)

    Under the Securities Exchange Act of 1934

     

    FIRST AMERICAN FINANCIAL CORPORATION

    _____________________________________________________

    (Name of Issuer)

     

    Common Stock, par value $0.00001 per share

    _____________________________________________________

    (Title of Class of Securities)

     

    31847R102

    _____________________________________________________

    (CUSIP Number)

     

     

    December 31, 2023

    ___________________________________________________

    (Date of Event Which Requires Filing of this Statement)

     

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    ☒   Rule 13d-1(b)

     

    ☐   Rule 13d-1(c)

     

    ☐   Rule 13d-1(d)

     

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

      Page 1 of 7
     

     

    CUSIP NO.: 31847R102

     

    (1)NAME OF REPORTING PERSON: HG Vora Capital Management, LLC

     

    (2)CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a)    ☐
    (b)    ☐

     

    (3)SEC USE ONLY

     

    (4)CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware

     

     

    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

     

    (5) SOLE VOTING POWER: 0

     

    (6) SHARED VOTING POWER: 7,000,000

     

    (7) SOLE DISPOSITIVE POWER: 0

     

    (8) SHARED DISPOSITIVE POWER: 7,000,000

     

    (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 7,000,000

     

    (10)CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ☐

     

    (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 6.8%

     

    (12) TYPE OF REPORTING PERSON: IA, OO (Delaware Limited Liability Company)

     

      Page 2 of 7
     

     

    CUSIP NO.: 31847R102

     

    (1) NAME OF REPORTING PERSON: Parag Vora

     

    (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a)    ☐
    (b)    ☐

     

    (3) SEC USE ONLY

     

    (4) CITIZENSHIP OR PLACE OF ORGANIZATION: United States

     

     

    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

     

    (5) SOLE VOTING POWER: 0

     

    (6) SHARED VOTING POWER: 7,000,000

     

    (7) SOLE DISPOSITIVE POWER: 0

     

    (8) SHARED DISPOSITIVE POWER: 7,000,000

     

    (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 7,000,000

     

    (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ☐

     

    (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 6.8%

     

    (12) TYPE OF REPORTING PERSON: IN

     

      Page 3 of 7
     

     

    Item 1.(a)      Name of Issuer

     

    FIRST AMERICAN FINANCIAL CORPORATION

     

    (b)       Address of principal executive offices

     

    1 First American Way

    Santa Ana, CA 92707-5913

     

    Item 2.(a)       Name of Person Filing

     

    This statement is filed by HG Vora Capital Management, LLC, a Delaware limited liability company (the “Investment Manager”), and Parag Vora, the Manager of the Investment Manager (the “Principal). The foregoing persons hereinafter sometimes are referred to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

     

    (b)       Address of principal executive offices

     

    The business office address of the Reporting Persons is 330 Madison Avenue, 21st Floor, New York, NY 10017.

     

    (c)       Citizenship

     

    The Investment Manager is a Delaware limited liability company. The Principal is a United States citizen.

     

    (d)       Title of Class of Securities

     

    Common Stock, $0.00001 par value per share (the “Common Stock”).

     

    (e)       CUSIP Number

     

    31847R102

     

    Item 3.Not applicable.

     

    Item 4.Ownership.

     

    A.       HG Vora Capital Management, LLC

     

    (a)       Amount beneficially owned:

     

    As of December 31, 2023, may be deemed to beneficially own: 7,000,000 shares of Common Stock.

     

    (b)       Percent of class:

     

    6.8%.

     

      Page 4 of 7
     

     

    (c)       Number of shares as to which the person has:

     

    (i)       Sole power to vote or to direct the vote: 0

     

    (ii)       Shared power to vote or to direct the vote: 7,000,000

     

    (iii)       Sole power to dispose or to direct the disposition of: 0

     

    (iv)       Shared power to dispose or to direct the disposition of: 7,000,000

     

    B.       Parag Vora

     

    (a)       Amount beneficially owned:

     

    As of December 31, 2023, may be deemed to beneficially own: 7,000,000 shares of Common Stock.

     

    (b)       Percent of class:

     

    6.8%.

     

    (c)       Number of shares as to which the person has:

     

    (i)       Sole power to vote or to direct the vote: 0

     

    (ii)       Shared power to vote or to direct the vote: 7,000,000

     

    (iii)       Sole power to dispose or to direct the disposition of: 0

     

    (iv)       Shared power to dispose or to direct the disposition of: 7,000,000

     

    Item 5.Ownership of Five Percent or Less of a Class.

     

    If this statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

     

    Item 6.Ownership of More than Five Percent on Behalf of Another Person.

     

    Not applicable.

     

    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

     

    Not applicable.

     

      Page 5 of 7
     

     

    Item 8.Identification and Classification of Members of the Group.

     

    Not applicable.

     

    Item 9.Notice of Dissolution of Group.

     

    Not applicable.

     

    Item 10.Certification.

     

    Each of the Reporting Persons hereby makes the following certification:

     

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

      Page 6 of 7
     

     

    SIGNATURE

     

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    February 14, 2024

     

     

     

      HG VORA CAPITAL MANAGEMENT, LLC
         
      By: /s/ Parag Vora
      Name:  Parag Vora
      Title:    Manager
       
         
      By: /s/ Parag Vora
      Name:  Parag Vora

     

     

    Page 7 of 7

     

     

    Get the next $FAF alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FAF

    DatePrice TargetRatingAnalyst
    4/8/2025$75.00Mkt Perform → Outperform
    Keefe Bruyette
    12/10/2024$80.00Outperform → Mkt Perform
    Keefe Bruyette
    3/21/2024$66.00 → $69.00Mkt Perform → Outperform
    Keefe Bruyette
    1/10/2024Buy
    Deutsche Bank
    11/15/2023$53.00Equal Weight
    Barclays
    7/18/2023Neutral
    BTIG Research
    2/10/2023$65.00 → $72.00Equal-Weight → Overweight
    Stephens
    12/15/2022$61.00Outperform → Mkt Perform
    Keefe Bruyette
    More analyst ratings

    $FAF
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • First American Financial upgraded by Keefe Bruyette with a new price target

      Keefe Bruyette upgraded First American Financial from Mkt Perform to Outperform and set a new price target of $75.00

      4/8/25 9:09:39 AM ET
      $FAF
      Specialty Insurers
      Finance
    • First American Financial downgraded by Keefe Bruyette with a new price target

      Keefe Bruyette downgraded First American Financial from Outperform to Mkt Perform and set a new price target of $80.00

      12/10/24 7:56:39 AM ET
      $FAF
      Specialty Insurers
      Finance
    • First American Financial upgraded by Keefe Bruyette with a new price target

      Keefe Bruyette upgraded First American Financial from Mkt Perform to Outperform and set a new price target of $69.00 from $66.00 previously

      3/21/24 7:27:22 AM ET
      $FAF
      Specialty Insurers
      Finance

    $FAF
    Leadership Updates

    Live Leadership Updates

    See more
    • First American Financial Corporation Appoints Deborah L. Wahl to Board of Directors

      First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Deborah L. Wahl has been appointed to the company's board of directors. Considered an innovator among global chief marketing officers (CMO), Wahl has earned a reputation for developing and driving transformational corporate strategy. Wahl's impressive career includes serving as CMO for several premier consumer product brands, including General Motors, Cadillac, and McDonald's, as well as PulteGroup, one of the largest homebuilding companies in the country. She has consiste

      9/10/24 4:30:00 PM ET
      $FAF
      Specialty Insurers
      Finance
    • Mother Lode Holding Company Acquires Wisconsin Title Service Company Inc. and Its Sister Company

      —Purchase expands Mother Lode's footprint into Wisconsin— Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions and a subsidiary of First American Financial Corporation (NYSE:FAF), today announced the acquisition of Wisconsin Title Service Company, Inc., a Wisconsin-based title insurance agency with a deep history in the state. The acquisition included Wisconsin Title Service Company's sister company, Wisconsin Title Closing Service, Inc., as well as its title plants in Milwaukee, Waukesha, Walworth and Washington counties. "We are pleased to welcome Wisconsin Title Service Co

      5/13/24 9:00:00 AM ET
      $FAF
      Specialty Insurers
      Finance
    • FirstFunding® Names Matt Coles National Sales Manager

      FirstFunding Inc., a wholly owned subsidiary of First American Financial Corporation that provides warehouse funding to correspondent lenders, community banks, credit unions and secondary market investors, today announced the appointment of Matt Coles as national sales manager. Coles will lead the company's sales strategy and operations, seeking to enhance the value FirstFunding delivers to existing customers and grow the sales team to help identify more opportunities to provide the company's services to new customers. "Matt's deep experience and passion for helping customers grow aligns well with our efforts to help mortgage lenders support consumers as they pursue their dreams of homeow

      2/13/24 9:00:00 AM ET
      $FAF
      Specialty Insurers
      Finance

    $FAF
    Financials

    Live finance-specific insights

    See more
    • First American Financial Reports First Quarter 2025 Results

      First American Financial Corporation (NYSE:FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the first quarter ended March 31, 2025. Current Quarter Highlights Earnings per diluted share of 71 cents, or 84 cents per share on an adjusted basis Net investment losses of $11 million, or 8 cents per diluted share Purchase-related intangible amortization of $7 million, or 5 cents per diluted share Total revenue of $1.6 billion, up 11 percent compared with last year Adjusted total revenue of $1.6 billion, up 13 percent compared with last year

      4/23/25 4:15:00 PM ET
      $FAF
      Specialty Insurers
      Finance
    • First American Financial Announces First Quarter 2025 Earnings Conference Call

      —Earnings release dates for remainder of 2025— First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call to discuss its first-quarter 2025 earnings results on Thursday, April 24, 2025, at 11 a.m. EDT. The call will follow the release of the company's earnings results for the first quarter of 2025, which is scheduled for Wednesday, April 23, 2025, after the close of regular trading. The conference call is open to investors, members of the financial community, the media and other members of the publ

      4/7/25 9:00:00 AM ET
      $FAF
      Specialty Insurers
      Finance
    • First American Financial Reports Results for the Fourth Quarter and Full Year of 2024

      First American Financial Corporation (NYSE:FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the fourth quarter and year ended Dec. 31, 2024. Current Quarter Highlights Earnings per diluted share of $0.69, or $1.35 per share on an adjusted basis Net investment losses of $86 million, or 61 cents per diluted share Total revenue of $1.7 billion, up 18 percent compared with last year Adjusted total revenue of $1.8 billion, up 20 percent compared with last year Title Insurance and Services segment investment income of $155 million, u

      2/12/25 4:15:00 PM ET
      $FAF
      Specialty Insurers
      Finance

    $FAF
    SEC Filings

    See more
    • SEC Form 10-Q filed by First American Corporation (New)

      10-Q - First American Financial Corp (0001472787) (Filer)

      4/24/25 5:38:40 PM ET
      $FAF
      Specialty Insurers
      Finance
    • SEC Form 144 filed by First American Corporation (New)

      144 - First American Financial Corp (0001472787) (Subject)

      4/24/25 3:34:22 PM ET
      $FAF
      Specialty Insurers
      Finance
    • First American Corporation (New) filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - First American Financial Corp (0001472787) (Filer)

      4/23/25 4:15:25 PM ET
      $FAF
      Specialty Insurers
      Finance

    $FAF
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Dallas-Plano-Irving Home Prices Down -0.8% Year Over Year in March, According to First American Data & Analytics Monthly Home Price Index Report

      National House Price Growth Hits a New 13-Year Low —Cities with the steepest surges in supply saw prices slip the most, says Chief Economist Mark Fleming— First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE:FAF), today released its March 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be

      5/1/25 9:00:00 AM ET
      $FAF
      Specialty Insurers
      Finance
    • Atlanta-Sandy Springs-Alpharetta Home Prices Up 0.3% Year Over Year in March, According to First American Data & Analytics Monthly Home Price Index Report

      National House Price Growth Hits a New 13-Year Low —Cities with the steepest surges in supply saw prices slip the most, says Chief Economist Mark Fleming— First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE:FAF), today released its March 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be

      5/1/25 9:00:00 AM ET
      $FAF
      Specialty Insurers
      Finance
    • National House Price Growth Hits a New 13-Year Low, According to First American Data & Analytics Monthly Home Price Index Report

      —Cities with the steepest surges in supply saw prices slip the most, says Chief Economist Mark Fleming— First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE:FAF), today released its March 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here. March1 National House Price Index Fi

      5/1/25 9:00:00 AM ET
      $FAF
      Specialty Insurers
      Finance

    $FAF
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP & Chief Financial Officer Seaton Mark Edward sold $2,436,110 worth of shares (37,321 units at $65.27), decreasing direct ownership by 19% to 158,491 units (SEC Form 4)

      4 - First American Financial Corp (0001472787) (Issuer)

      2/27/25 7:07:25 PM ET
      $FAF
      Specialty Insurers
      Finance
    • SVP, Chief Legal Officer Cornehl Lisa W sold $200,216 worth of shares (3,057 units at $65.49), decreasing direct ownership by 11% to 23,825 units (SEC Form 4)

      4 - First American Financial Corp (0001472787) (Issuer)

      2/27/25 7:05:41 PM ET
      $FAF
      Specialty Insurers
      Finance
    • Director Wyrsch Martha B was granted 2,522 shares, increasing direct ownership by 16% to 18,601 units (SEC Form 4)

      4 - First American Financial Corp (0001472787) (Issuer)

      2/26/25 8:57:15 PM ET
      $FAF
      Specialty Insurers
      Finance

    $FAF
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by First American Corporation (New)

      SC 13G/A - First American Financial Corp (0001472787) (Subject)

      11/14/24 4:05:16 PM ET
      $FAF
      Specialty Insurers
      Finance
    • Amendment: SEC Form SC 13G/A filed by First American Corporation (New)

      SC 13G/A - First American Financial Corp (0001472787) (Subject)

      11/12/24 9:55:15 AM ET
      $FAF
      Specialty Insurers
      Finance
    • SEC Form SC 13G/A filed by First American Corporation (New) (Amendment)

      SC 13G/A - First American Financial Corp (0001472787) (Subject)

      4/10/24 2:03:52 PM ET
      $FAF
      Specialty Insurers
      Finance