Avanza Fonder AB Purchases Shares of 18,908 Fidelity National Financial, Inc. (NYSE:FNF)

Avanza Fonder AB acquired a new stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,908 shares of the financial services provider's stock, valued at approximately $1,061,000.

Several other large investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in Fidelity National Financial during the third quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in Fidelity National Financial in the third quarter valued at about $35,000. True Wealth Design LLC bought a new stake in Fidelity National Financial during the third quarter worth about $41,000. UMB Bank n.a. grew its stake in Fidelity National Financial by 280.6% during the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider's stock worth $43,000 after buying an additional 505 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in Fidelity National Financial by 141.1% in the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider's stock valued at $43,000 after buying an additional 402 shares during the period. Institutional investors own 81.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a "hold" rating to a "buy" rating and lifted their price objective for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Keefe, Bruyette & Woods dropped 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. Barclays lifted their price target on shares of Fidelity National Financial from $56.00 to $59.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Finally, 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. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $66.40.

Insider Buying and Selling

In other 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 directly owns 32,386 shares of the company's stock, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Halim Dhanidina sold 2,800 shares of the company's 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 sale, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.

Fidelity National Financial Trading Up 0.8 %

NYSE:FNF traded up $0.43 during mid-day trading on Monday, hitting $58.12. 1,207,997 shares of the company's stock were exchanged, compared to its average volume of 868,563. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $64.83. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $15.91 billion, a P/E ratio of 21.14 and a beta of 1.38. The company has a 50 day simple moving average of $59.00 and a 200-day simple moving average of $58.15.

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

Fidelity National Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.44%. This is an increase from Fidelity National Financial's previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, December 17th. Fidelity National Financial's dividend payout ratio (DPR) is 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.