8,156 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Bought by Avantra Family Wealth Inc.

Avantra Family Wealth Inc. bought a new position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,156 shares of the financial services provider's stock, valued at approximately $458,000.

A number of other large investors also recently bought and sold shares of the company. Swedbank AB boosted its stake in Fidelity National Financial by 25.1% during the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock valued at $2,630,000 after purchasing an additional 8,511 shares during the period. Everence Capital Management Inc. acquired a new stake in shares of Fidelity National Financial during the fourth quarter worth $621,000. Horizon Kinetics Asset Management LLC boosted its holdings in shares of Fidelity National Financial by 35.1% in the third quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider's stock worth $3,604,000 after buying an additional 15,100 shares during the period. Barclays PLC lifted its holdings in shares of Fidelity National Financial by 4.4% in the third quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after purchasing an additional 9,146 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC increased its holdings in shares of Fidelity National Financial by 8.0% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 116,894 shares of the financial services provider's stock valued at $7,254,000 after purchasing an additional 8,618 shares during the period. Institutional investors own 81.17% of the company's stock.

Fidelity National Financial Stock Performance

FNF traded up $0.68 during midday trading on Wednesday, hitting $58.34. 275,660 shares of the company traded hands, compared to its average volume of 876,991. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $64.83. The firm has a market capitalization of $15.96 billion, a PE ratio of 21.20 and a beta of 1.39. The company's 50-day moving average is $58.25 and its 200 day moving average is $58.74.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $1.30 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.11). The company had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.32 billion. Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. The firm's quarterly revenue was up 29.7% compared to the same quarter last year. During the same period last year, the business earned $1.23 EPS. On average, research analysts expect that Fidelity National Financial, Inc. will post 4.57 EPS for the current year.

Fidelity National Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.43%. The ex-dividend date was Tuesday, December 17th. This is a positive change from Fidelity National Financial's previous quarterly dividend of $0.48. Fidelity National Financial's dividend payout ratio (DPR) is 72.73%.

Analyst Upgrades and Downgrades

FNF has been the subject of a number of recent research reports. 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. Barclays increased their price objective on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Truist Financial boosted their target price on Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Finally, Keefe, Bruyette & Woods cut their price objective on 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. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Fidelity National Financial has an average rating of "Moderate Buy" and a consensus target price of $66.40.

Insider Activity

In other Fidelity National Financial news, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total value of $117,842.36. Following the transaction, the director now directly owns 32,386 shares of the company's stock, valued at approximately $1,824,303.38. The trade was a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction on Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the sale, the director now owns 16,716 shares of the company's stock, valued at $916,872.60. The trade was a 14.35 % 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.

About Fidelity National Financial

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.