Inceptionr LLC Buys Shares of 38,812 Fidelity National Financial, Inc. (NYSE:FNF)

Inceptionr LLC bought a new position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 38,812 shares of the financial services provider's stock, valued at approximately $2,179,000. Fidelity National Financial accounts for about 0.5% of Inceptionr LLC's investment portfolio, making the stock its 17th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Swedbank AB raised its holdings in Fidelity National Financial by 25.1% in the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock worth $2,630,000 after purchasing an additional 8,511 shares during the period. Everence Capital Management Inc. bought a new position in Fidelity National Financial in the 4th quarter worth $621,000. Horizon Kinetics Asset Management LLC raised its holdings in Fidelity National Financial by 35.1% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider's stock worth $3,604,000 after purchasing an additional 15,100 shares during the period. GAMMA Investing LLC raised its holdings in Fidelity National Financial by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock worth $419,000 after purchasing an additional 1,233 shares during the period. Finally, Barclays PLC raised its holdings in Fidelity National Financial by 4.4% in the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock worth $13,451,000 after purchasing an additional 9,146 shares during the period. 81.17% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Keefe, Bruyette & Woods decreased their target price on 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. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and raised their price target for the company from $76.00 to $77.00 in a report on Friday, January 3rd. StockNews.com cut Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday. Barclays raised their price target on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Finally, Truist Financial raised 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. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Fidelity National Financial currently has a consensus rating of "Moderate Buy" and an average target price of $70.40.

Insider Transactions at Fidelity National Financial

In related news, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the completion of the transaction, the director now owns 32,386 shares in the company, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the transaction, the director now owns 16,716 shares of the company's stock, valued at approximately $916,872.60. This 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.

Fidelity National Financial Price Performance

Shares of FNF stock traded down $0.09 during trading hours on Friday, hitting $62.97. The stock had a trading volume of 1,106,866 shares, compared to its average volume of 1,087,501. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $65.65. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The stock's 50-day moving average price is $58.42 and its two-hundred day moving average price is $59.50. The stock has a market capitalization of $17.23 billion, a price-to-earnings ratio of 13.54 and a beta of 1.31.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results 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. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.33 billion. During the same period in the previous year, the firm posted $0.75 earnings per share. Equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.50 dividend. The ex-dividend date is Monday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.18%. Fidelity National Financial's dividend payout ratio (DPR) is 43.01%.

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.