524 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC purchased a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 524 shares of the financial services provider’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC increased its holdings in Fidelity National Financial by 107.0% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 381 shares during the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new stake in Fidelity National Financial during the 4th quarter worth approximately $44,000. Orion Capital Management LLC purchased a new stake in Fidelity National Financial during the 3rd quarter worth approximately $51,000. SRS Capital Advisors Inc. increased its holdings in Fidelity National Financial by 57.9% during the 3rd quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 519 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in Fidelity National Financial during the 3rd quarter worth approximately $63,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Fidelity National Financial Trading Up 0.5 %

Shares of Fidelity National Financial stock opened at $49.15 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.50. The firm has a market cap of $13.43 billion, a price-to-earnings ratio of 16.17 and a beta of 1.35. The business has a fifty day simple moving average of $50.20 and a 200-day simple moving average of $50.21. Fidelity National Financial, Inc. has a fifty-two week low of $33.61 and a fifty-two week high of $53.96.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.08). The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $2.72 billion. Fidelity National Financial had a net margin of 6.55% and a return on equity of 14.24%. The company’s quarterly revenue was up 33.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.52 EPS. On average, equities analysts forecast that Fidelity National Financial, Inc. will post 4.67 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend is Friday, June 14th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 63.16%.

Insider Transactions at Fidelity National Financial

In other news, Director Halim Dhanidina sold 3,000 shares of the business’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $50.64, for a total transaction of $151,920.00. Following the sale, the director now directly owns 14,906 shares of the company’s stock, valued at $754,839.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Anthony Park sold 85,000 shares of the company’s stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $50.82, for a total transaction of $4,319,700.00. Following the transaction, the chief financial officer now directly owns 99,049 shares of the company’s stock, valued at $5,033,670.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Halim Dhanidina sold 3,000 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $50.64, for a total value of $151,920.00. Following the transaction, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on FNF shares. Stephens lifted their price objective on Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, May 10th. Keefe, Bruyette & Woods lowered their price target on Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating for the company in a report on Monday, May 13th. Truist Financial boosted their price target on Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Finally, Barclays upped their price objective on Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 9th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Fidelity National Financial presently has a consensus rating of “Hold” and a consensus target price of $55.80.

About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.