Fidelity National Financial, Inc. (NYSE:FNF) Given Consensus Rating of "Hold" by Brokerages

Fidelity National Financial, Inc. (NYSE:FNF - Get Free Report) has earned an average recommendation of "Hold" from the five ratings firms that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $62.40.

A number of equities analysts have recently weighed in on FNF shares. Barclays upped their target price on Fidelity National Financial from $56.00 to $59.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Keefe, Bruyette & Woods increased their target price on shares of Fidelity National Financial from $58.00 to $63.00 and gave the stock a "market perform" rating in a research report on Wednesday, September 4th. StockNews.com cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft increased their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the stock a "hold" rating in a report on Wednesday, August 7th. Finally, Stephens restated an "overweight" rating and issued a $63.00 target price on shares of Fidelity National Financial in a research note on Thursday, August 15th.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total transaction 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 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 5.20% of the company's stock.

Hedge Funds Weigh In On Fidelity National Financial

A number of institutional investors and hedge funds have recently bought and sold shares of FNF. Opal Wealth Advisors LLC bought a new position in shares of Fidelity National Financial during the 2nd quarter worth approximately $26,000. New Covenant Trust Company N.A. acquired a new position in Fidelity National Financial in the first quarter worth $30,000. Covestor Ltd increased its stake in shares of Fidelity National Financial by 109.0% in the first quarter. Covestor Ltd now owns 581 shares of the financial services provider's stock valued at $31,000 after buying an additional 303 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Fidelity National Financial during the 3rd quarter worth about $32,000. Finally, International Assets Investment Management LLC bought a new stake in Fidelity National Financial during the 2nd quarter worth about $35,000. Institutional investors own 81.17% of the company's stock.

Fidelity National Financial Trading Up 1.9 %

Shares of NYSE:FNF traded up $1.11 during mid-day trading on Friday, hitting $60.23. The stock had a trading volume of 1,344,694 shares, compared to its average volume of 997,720. Fidelity National Financial has a 12-month low of $43.11 and a 12-month high of $62.97. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market cap of $16.47 billion, a PE ratio of 21.90 and a beta of 1.37. The company's 50 day moving average is $60.30 and its 200-day moving average is $55.03.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $1.30 EPS for the quarter, missing the consensus estimate 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 14.23% and a net margin of 5.57%. The business's quarterly revenue was up 29.7% on a year-over-year basis. During the same period last year, the business earned $1.23 EPS. On average, sell-side analysts predict that Fidelity National Financial will post 4.53 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. Shareholders of record on Tuesday, December 17th will be issued a dividend of $0.50 per share. This is a positive change from Fidelity National Financial's previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.32%. The ex-dividend date of this dividend is Tuesday, December 17th. Fidelity National Financial's dividend payout ratio (DPR) is 69.82%.

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.