Stratos Wealth Partners LTD. Increases Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Stratos Wealth Partners LTD. lifted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 6.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,147 shares of the financial services provider’s stock after buying an additional 412 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Fidelity National Financial were worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in shares of Fidelity National Financial during the third quarter valued at about $32,000. Brooklyn Investment Group purchased a new stake in Fidelity National Financial in the third quarter worth about $35,000. True Wealth Design LLC purchased a new stake in Fidelity National Financial in the third quarter worth about $41,000. Larson Financial Group LLC grew its holdings in Fidelity National Financial by 141.1% in the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 402 shares during the period. Finally, Covestor Ltd grew its holdings in Fidelity National Financial by 73.1% in the third quarter. Covestor Ltd now owns 812 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 343 shares during the period. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on FNF. Truist Financial upped their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods cut their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and upped their price objective for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.40.

Insider Activity

In related news, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total transaction of $117,842.36. Following the transaction, the director now owns 32,386 shares in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This trade represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company’s stock.

Fidelity National Financial Trading Down 0.9 %

NYSE:FNF opened at $56.78 on Thursday. The company’s 50 day moving average price is $57.73 and its 200-day moving average price is $58.88. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $64.83. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a market cap of $15.54 billion, a price-to-earnings ratio of 20.65 and a beta of 1.39.

Fidelity National Financial Profile

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.