B. Metzler seel. Sohn & Co. Holding AG Invests $897,000 in Fidelity National Financial, Inc. (NYSE:FNF)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 14,446 shares of the financial services provider's stock, valued at approximately $897,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ZWJ Investment Counsel Inc. lifted its stake in shares of Fidelity National Financial by 1.0% in the third quarter. ZWJ Investment Counsel Inc. now owns 19,740 shares of the financial services provider's stock worth $1,225,000 after buying an additional 195 shares in the last quarter. Chesley Taft & Associates LLC grew its holdings in Fidelity National Financial by 1.9% in the 2nd quarter. Chesley Taft & Associates LLC now owns 10,575 shares of the financial services provider's stock valued at $523,000 after buying an additional 200 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of Fidelity National Financial by 1.3% in the 2nd quarter. Intech Investment Management LLC now owns 15,336 shares of the financial services provider's stock worth $758,000 after acquiring an additional 202 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Fidelity National Financial by 13.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,766 shares of the financial services provider's stock worth $87,000 after acquiring an additional 213 shares during the period. Finally, Centennial Wealth Advisory LLC boosted its position in shares of Fidelity National Financial by 4.6% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 5,463 shares of the financial services provider's stock valued at $339,000 after acquiring an additional 239 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on FNF. Keefe, Bruyette & Woods lifted their target price on shares of Fidelity National Financial from $58.00 to $63.00 and gave the stock a "market perform" rating in a research note on Wednesday, September 4th. Barclays increased their price target on 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 upped their target price on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Fidelity National Financial from $61.00 to $63.00 and gave the company a "hold" rating in a research report on Wednesday, August 7th. Finally, Stephens restated an "overweight" rating and set a $63.00 price target on shares of Fidelity National Financial in a research report on Thursday, August 15th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Fidelity National Financial has an average rating of "Hold" and a consensus price target of $63.60.

Fidelity National Financial Stock Up 2.1 %

FNF stock traded up $1.28 during midday trading on Friday, hitting $61.94. The company's stock had a trading volume of 1,054,454 shares, compared to its average volume of 1,019,410. Fidelity National Financial, Inc. has a 52-week low of $44.10 and a 52-week high of $62.97. The firm has a 50-day simple moving average of $60.66 and a 200-day simple moving average of $55.76. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $16.95 billion, a P/E ratio of 22.52 and a beta of 1.37.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its earnings results 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 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%. The company's revenue for the quarter was up 29.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.23 earnings per share. As a group, equities analysts forecast that Fidelity National Financial, Inc. will post 4.5 EPS for the current year.

Fidelity National Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.23%. This is a positive change from Fidelity National Financial's previous quarterly dividend of $0.48. The ex-dividend date is Tuesday, December 17th. Fidelity National Financial's dividend payout ratio (DPR) is presently 69.82%.

Insider Buying and Selling

In related news, Director Halim Dhanidina sold 1,700 shares of the company's stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total value of $103,445.00. Following the completion of the transaction, the director now directly owns 13,206 shares of the company's stock, valued at $803,585.10. This represents a 11.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 5.20% of the company's stock.

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.