Fidelity National Financial, Inc. (NYSE:FNF) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 7.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 94,400 shares of the financial services provider's stock after purchasing an additional 6,623 shares during the period. Asset Management One Co. Ltd.'s holdings in Fidelity National Financial were worth $5,317,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in shares of Fidelity National Financial by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,025,159 shares of the financial services provider's stock worth $498,041,000 after buying an additional 289,962 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in Fidelity National Financial in the third quarter worth about $11,469,000. Life Planning Partners Inc grew its holdings in Fidelity National Financial by 5,166.6% during the 4th quarter. Life Planning Partners Inc now owns 187,227 shares of the financial services provider's stock worth $10,511,000 after acquiring an additional 183,672 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in Fidelity National Financial during the 3rd quarter valued at about $11,100,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Fidelity National Financial in the 4th quarter valued at about $7,760,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the firm's stock in a transaction on 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the business's stock in a transaction 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 sale, the director now directly owns 32,386 shares in the company, valued at $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FNF. Truist Financial increased their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and increased their target price for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods reduced their price target on Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a research report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.40.

Fidelity National Financial Stock Up 3.4 %

NYSE:FNF traded up $1.93 during midday trading on Friday, reaching $59.50. 2,062,488 shares of the stock traded hands, compared to its average volume of 934,169. The stock has a market capitalization of $16.28 billion, a PE ratio of 21.64 and a beta of 1.39. Fidelity National Financial, Inc. has a 12-month low of $46.85 and a 12-month high of $64.83. 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 business has a 50-day moving average of $57.26 and a two-hundred day moving average of $58.96.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.23 by $0.11. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.33 billion. Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. During the same quarter in the prior year, the business posted $0.75 EPS. On average, equities analysts forecast that Fidelity National Financial, Inc. will post 4.57 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.36%. Fidelity National Financial's dividend payout ratio is presently 72.73%.

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.