Fidelity National Financial, Inc. (NYSE:FNF) Holdings Lifted by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 28.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,248 shares of the financial services provider’s stock after buying an additional 712 shares during the period. Farther Finance Advisors LLC’s holdings in Fidelity National Financial were worth $201,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP lifted its stake in Fidelity National Financial by 67.1% in the first quarter. Quantbot Technologies LP now owns 11,680 shares of the financial services provider’s stock valued at $620,000 after acquiring an additional 4,691 shares during the last quarter. Wealthspire Advisors LLC bought a new stake in shares of Fidelity National Financial in the 1st quarter valued at approximately $205,000. AMJ Financial Wealth Management bought a new stake in shares of Fidelity National Financial in the 1st quarter worth about $3,031,000. Headlands Technologies LLC bought a new position in shares of Fidelity National Financial in the first quarter valued at about $137,000. Finally, QRG Capital Management Inc. increased its holdings in shares of Fidelity National Financial by 2.6% in the first quarter. QRG Capital Management Inc. now owns 98,924 shares of the financial services provider’s stock valued at $5,253,000 after purchasing an additional 2,525 shares in the last quarter. 81.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total transaction of $103,445.00. Following the completion of the transaction, the director now owns 13,206 shares in the company, valued at $803,585.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FNF. Keefe, Bruyette & Woods upped their price target on Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a research note on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft boosted their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. StockNews.com cut shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Stephens restated an “overweight” rating and set a $63.00 price objective on shares of Fidelity National Financial in a research report on Thursday, August 15th. Finally, Barclays lifted their price target on Fidelity National Financial from $56.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $62.40.

Fidelity National Financial Trading Up 1.9 %

NYSE:FNF opened at $60.23 on Friday. The stock has a market capitalization of $16.47 billion, a price-to-earnings ratio of 21.90 and a beta of 1.37. The firm has a fifty day simple moving average of $60.30 and a two-hundred day simple moving average of $55.03. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.52. Fidelity National Financial, Inc. has a 12 month low of $43.11 and a 12 month high of $62.97.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.11). Fidelity National Financial had a net margin of 5.57% and a return on equity of 14.23%. The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the prior year, the business earned $1.23 earnings per share. The firm’s quarterly revenue was up 29.7% compared to the same quarter last year. Analysts expect that Fidelity National Financial, Inc. will post 4.53 EPS for the current fiscal year.

Fidelity National Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.32%. This is an increase from Fidelity National Financial’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Tuesday, December 17th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 69.82%.

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.