Fidelity National Financial, Inc. (NYSE:FNF) Shares Acquired by Barclays PLC

Barclays PLC raised its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 216,755 shares of the financial services provider's stock after purchasing an additional 9,146 shares during the quarter. Barclays PLC owned 0.08% of Fidelity National Financial worth $13,451,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FNF. Swedbank AB lifted its holdings in shares of Fidelity National Financial by 25.1% during the third 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. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Fidelity National Financial by 61.0% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 49,707 shares of the financial services provider's stock valued at $2,457,000 after acquiring an additional 18,838 shares during the period. Horizon Kinetics Asset Management LLC boosted its holdings in shares of 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 valued at $3,604,000 after acquiring an additional 15,100 shares during the last quarter. Cyndeo Wealth Partners LLC increased its stake in shares of Fidelity National Financial by 8.0% in the third quarter. Cyndeo Wealth Partners LLC now owns 116,894 shares of the financial services provider's stock worth $7,254,000 after acquiring an additional 8,618 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of Fidelity National Financial by 1,051.5% during the second quarter. Sei Investments Co. now owns 131,186 shares of the financial services provider's stock worth $6,483,000 after purchasing an additional 119,793 shares during the last quarter. 81.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Halim Dhanidina sold 1,700 shares of the firm'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 transaction, the director now owns 13,206 shares in the company, valued at $803,585.10. This trade represents a 11.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 5.20% of the stock is owned by insiders.

Fidelity National Financial Price Performance

Shares of Fidelity National Financial stock traded down $0.06 during trading hours on Monday, reaching $59.90. The stock had a trading volume of 1,088,493 shares, compared to its average volume of 1,190,126. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month 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 $16.39 billion, a PE ratio of 21.78 and a beta of 1.36. The stock's 50 day moving average is $61.02 and its 200 day moving average is $56.97.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share for the quarter, missing analysts' consensus estimates of $1.41 by ($0.11). The business had revenue of $3.60 billion during 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 business'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 company posted $1.23 EPS. Equities analysts expect that Fidelity National Financial, Inc. will post 4.57 earnings per share for the current fiscal year.

Fidelity National Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.34%. This is a boost from Fidelity National Financial's previous quarterly dividend of $0.48. Fidelity National Financial's dividend payout ratio (DPR) is currently 72.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Barclays upped 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. Truist Financial boosted their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a report on Monday, November 11th. Finally, Keefe, Bruyette & Woods raised their target price on Fidelity National Financial from $63.00 to $64.00 and gave the stock a "market perform" rating in a report on Tuesday, December 10th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $63.80.

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.