Halim Dhanidina Sells 2,800 Shares of Fidelity National Financial, Inc. (NYSE:FNF) Stock

Fidelity National Financial, Inc. (NYSE:FNF - Get Free Report) Director Halim Dhanidina sold 2,800 shares of the business's stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $54.85, for a total value of $153,580.00. Following the sale, the director now directly owns 16,716 shares in the company, valued at $916,872.60. This trade represents a 14.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Fidelity National Financial Trading Up 0.2 %

Shares of NYSE FNF traded up $0.12 during midday trading on Monday, reaching $54.37. 1,003,465 shares of the stock were exchanged, compared to its average volume of 1,027,438. The stock has a 50 day moving average price of $59.24 and a 200-day moving average price of $57.92. 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 market capitalization of $14.88 billion, a P/E ratio of 19.77 and a beta of 1.38. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $64.83.

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 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.11). Fidelity National Financial had a net margin of 5.57% and a return on equity of 13.72%. The business had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the firm posted $1.23 earnings per share. The company's revenue was up 29.7% on a year-over-year basis. Equities research 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, December 17th. This is an increase from Fidelity National Financial's previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.68%. Fidelity National Financial's dividend payout ratio is 72.73%.

Institutional Trading of Fidelity National Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. boosted its position in shares of Fidelity National Financial by 5.3% in the second quarter. Daiwa Securities Group Inc. now owns 17,896 shares of the financial services provider's stock worth $884,000 after acquiring an additional 900 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of Fidelity National Financial by 18.8% during the 2nd quarter. GHP Investment Advisors Inc. now owns 36,827 shares of the financial services provider's stock valued at $1,820,000 after buying an additional 5,819 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in shares of Fidelity National Financial during the 2nd quarter valued at $310,000. Dimensional Fund Advisors LP increased its holdings in shares of Fidelity National Financial by 2.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,428,258 shares of the financial services provider's stock worth $169,421,000 after buying an additional 77,118 shares during the last quarter. Finally, Quantbot Technologies LP raised its position in shares of Fidelity National Financial by 380.1% in the 2nd quarter. Quantbot Technologies LP now owns 56,072 shares of the financial services provider's stock worth $2,771,000 after buying an additional 44,392 shares during the period. Hedge funds and other institutional investors own 81.17% of the company's stock.

Wall Street Analyst Weigh In

FNF has been the topic of a number of research reports. Truist Financial increased their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft upgraded 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 research report on Friday, January 3rd. Barclays raised their price objective on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 8th. Finally, Keefe, Bruyette & Woods reduced their target price on Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a research note on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $66.40.

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.