Fidelity National Financial, Inc. (NYSE:FNF) Receives Average Recommendation of "Moderate Buy" from Brokerages

Fidelity National Financial, Inc. (NYSE:FNF - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the five ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $66.40.

Several research analysts have commented on FNF shares. 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. Keefe, Bruyette & Woods lowered 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 report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and lifted their price objective for the company from $76.00 to $77.00 in a research report on Friday, January 3rd.

Fidelity National Financial Trading Down 1.3 %

FNF traded down $0.77 on Monday, hitting $57.64. 1,087,640 shares of the company were exchanged, compared to its average volume of 899,988. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial has a 12 month low of $46.85 and a 12 month high of $64.83. The firm has a fifty day simple moving average of $57.31 and a two-hundred day simple moving average of $58.97. The stock has a market capitalization of $15.77 billion, a PE ratio of 20.96 and a beta of 1.39.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a net margin of 5.57% and a return on equity of 13.72%. Sell-side analysts expect that Fidelity National Financial will post 4.57 earnings per share for the current year.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of the company's stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the transaction, the director now owns 16,716 shares in the company, valued at $916,872.60. The trade was a 14.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the transaction, the director now directly owns 32,386 shares of the company's stock, 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. Insiders own 5.20% of the company's stock.

Hedge Funds Weigh In On Fidelity National Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Fidelity National Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 27,054,319 shares of the financial services provider's stock valued at $1,518,829,000 after purchasing an additional 150,493 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Fidelity National Financial by 4.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,412,888 shares of the financial services provider's stock valued at $472,300,000 after buying an additional 387,729 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Fidelity National Financial by 1.2% during the 4th quarter. Victory Capital Management Inc. now owns 8,093,184 shares of the financial services provider's stock valued at $454,351,000 after buying an additional 98,751 shares during the period. Geode Capital Management LLC boosted its stake in shares of Fidelity National Financial by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 4,497,471 shares of the financial services provider's stock worth $252,037,000 after buying an additional 34,634 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Fidelity National Financial by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,385,420 shares of the financial services provider's stock worth $190,060,000 after acquiring an additional 16,095 shares during the period. Institutional investors own 81.17% of the company's stock.

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.