Fidelity National Financial (NYSE:FNF) Stock Rating Upgraded by StockNews.com

Fidelity National Financial (NYSE:FNF) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Several other analysts have also recently commented on the company. Truist Financial lifted their price target on Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a report on Wednesday, January 8th. Stephens increased their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Finally, Barclays upped their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a report on Monday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.40.

Fidelity National Financial Stock Up 1.7 %

FNF stock opened at $60.95 on Monday. The company has a 50 day moving average price of $57.31 and a two-hundred day moving average price of $59.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The stock has a market capitalization of $16.68 billion, a P/E ratio of 13.11 and a beta of 1.39. Fidelity National Financial has a one year low of $46.85 and a one year high of $64.83.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.11. The business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same quarter last year, the firm earned $0.75 earnings per share. As a group, sell-side analysts expect that Fidelity National Financial will post 6.28 EPS for the current year.

Insider Activity

In other Fidelity National Financial news, Director Sandra Douglass Morgan sold 2,092 shares of the business’s stock in a transaction dated Tuesday, December 24th. The stock was 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. The trade was a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares of the company’s stock, 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. Insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Analysts LLC purchased a new stake in shares of Fidelity National Financial during the fourth quarter valued at approximately $29,000. Capital Performance Advisors LLP purchased a new stake in Fidelity National Financial during the 3rd quarter worth $32,000. Brooklyn Investment Group purchased a new stake in Fidelity National Financial during the 3rd quarter worth $35,000. Parkside Financial Bank & Trust lifted its holdings in Fidelity National Financial by 50.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock worth $35,000 after buying an additional 209 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new position in Fidelity National Financial in the 4th quarter valued at about $37,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Fidelity National Financial Company 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.