Capital Fund Management S.A. Has $1.99 Million Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Capital Fund Management S.A. lowered its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,514 shares of the financial services provider's stock after selling 8,338 shares during the quarter. Capital Fund Management S.A.'s holdings in Fidelity National Financial were worth $1,994,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FNF. Parkside Financial Bank & Trust increased its position in shares of Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after purchasing an additional 209 shares during the last quarter. Kestra Investment Management LLC acquired a new position in Fidelity National Financial during the fourth quarter worth $37,000. Golden State Wealth Management LLC bought a new stake in Fidelity National Financial during the fourth quarter worth $52,000. UMB Bank n.a. lifted its stake in Fidelity National Financial by 68.9% in the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider's stock valued at $65,000 after acquiring an additional 472 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Fidelity National Financial by 19.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock valued at $75,000 after acquiring an additional 223 shares during the period. Institutional investors own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

FNF has been the subject of several recent analyst reports. Barclays raised their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. StockNews.com downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods upgraded Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target on the stock in a research note on Tuesday, April 8th. Stephens lifted their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a "hold" rating to a "buy" rating and increased their price target for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Stock Performance

Shares of NYSE:FNF traded up $0.27 on Friday, reaching $61.75. 5,166,755 shares of the company's stock were exchanged, compared to its average volume of 1,112,935. The company has a market capitalization of $16.98 billion, a price-to-earnings ratio of 13.28 and a beta of 1.09. Fidelity National Financial, Inc. has a twelve month low of $47.20 and a twelve month high of $66.72. 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 company has a fifty day moving average of $61.87 and a 200-day moving average of $60.20.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.11. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same period in the prior year, the firm posted $0.75 EPS. On average, research analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.24%. Fidelity National Financial's dividend payout ratio is currently 43.01%.

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.