Fidelity National Financial, Inc. (NYSE:FNF) Stock Holdings Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,412,888 shares of the financial services provider's stock after purchasing an additional 387,729 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.07% of Fidelity National Financial worth $472,300,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new stake in Fidelity National Financial during the third quarter worth approximately $32,000. Brooklyn Investment Group purchased a new stake in Fidelity National Financial during the third quarter worth approximately $35,000. Parkside Financial Bank & Trust grew its stake in Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after buying an additional 209 shares during the period. Kestra Investment Management LLC purchased a new stake in Fidelity National Financial during the fourth quarter worth approximately $37,000. Finally, True Wealth Design LLC purchased a new stake in Fidelity National Financial during the third quarter worth approximately $41,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods decreased their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a research note on Wednesday, January 8th. Barclays boosted their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research note on Monday, February 24th. Truist Financial boosted their target price on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. StockNews.com cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, Stephens boosted their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, February 24th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Fidelity National Financial has a consensus rating of "Moderate Buy" and an average target price of $70.40.

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Insider Activity at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the sale, the director now directly owns 16,716 shares of the company's stock, valued at approximately $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the sale, the director now directly owns 32,386 shares in the company, valued at $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

Fidelity National Financial Stock Down 0.1 %

Shares of NYSE FNF traded down $0.09 during trading on Friday, reaching $62.97. 1,106,866 shares of the stock were exchanged, compared to its average volume of 1,087,501. The company has a market capitalization of $17.23 billion, a price-to-earnings ratio of 13.54 and a beta of 1.31. The business's 50-day moving average price is $58.42 and its 200 day moving average price is $59.50. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $65.65.

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

Fidelity National Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.18%. Fidelity National Financial's dividend payout ratio is presently 43.01%.

About Fidelity National Financial

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.