Benjamin Edwards Inc. Purchases 42,880 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Benjamin Edwards Inc. boosted its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 998.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,176 shares of the financial services provider's stock after buying an additional 42,880 shares during the quarter. Benjamin Edwards Inc.'s holdings in Fidelity National Financial were worth $2,928,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Fidelity National Financial during the third quarter worth about $280,000. Erste Asset Management GmbH purchased a new stake in Fidelity National Financial in the 3rd quarter worth approximately $134,000. True Wealth Design LLC purchased a new position in shares of Fidelity National Financial during the third quarter valued at approximately $41,000. Edgestream Partners L.P. raised its holdings in shares of Fidelity National Financial by 2.7% during the third quarter. Edgestream Partners L.P. now owns 141,237 shares of the financial services provider's stock valued at $8,765,000 after acquiring an additional 3,692 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Fidelity National Financial by 3.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,530,424 shares of the financial services provider's stock valued at $94,978,000 after acquiring an additional 57,316 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Truist Financial upped their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Stephens reissued an "overweight" rating and issued a $63.00 target price on shares of Fidelity National Financial in a research report on Thursday, August 15th. Deutsche Bank Aktiengesellschaft lifted their price target on Fidelity National Financial from $61.00 to $63.00 and gave the company a "hold" rating in a research report on Wednesday, August 7th. Keefe, Bruyette & Woods raised their price objective on Fidelity National Financial from $58.00 to $63.00 and gave the company a "market perform" rating in a research report on Wednesday, September 4th. Finally, Barclays upped their target price on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $63.60.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the company's stock in a transaction 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 of the company's stock, valued at $803,585.10. This represents a 11.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 5.20% of the company's stock.

Fidelity National Financial Stock Down 0.2 %

FNF stock traded down $0.15 during trading on Thursday, hitting $62.10. 1,148,902 shares of the stock traded hands, compared to its average volume of 1,198,402. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The stock has a market cap of $16.99 billion, a price-to-earnings ratio of 22.64 and a beta of 1.36. Fidelity National Financial, Inc. has a 1 year low of $46.04 and a 1 year high of $64.83. The firm's 50 day moving average is $61.04 and its two-hundred day moving average is $56.39.

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). Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. The company had revenue of $3.60 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same quarter in the previous year, the company earned $1.23 EPS. The business's quarterly revenue was up 29.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Fidelity National Financial, Inc. will post 4.5 EPS for the current year.

Fidelity National Financial Increases Dividend

The business also recently announced 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 is a boost from Fidelity National Financial's previous quarterly dividend of $0.48. The ex-dividend date is Tuesday, December 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.22%. Fidelity National Financial's payout ratio is 69.82%.

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.