Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by Forsta AP Fonden

Forsta AP Fonden raised its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 62.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,800 shares of the financial services provider's stock after buying an additional 30,700 shares during the period. Forsta AP Fonden's holdings in Fidelity National Financial were worth $4,480,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FNF. Capital Performance Advisors LLP acquired a new position in shares of Fidelity National Financial during the 3rd quarter valued at $32,000. Brooklyn Investment Group acquired a new position in shares of Fidelity National Financial during the third quarter worth about $35,000. True Wealth Design LLC acquired a new position in shares of Fidelity National Financial during the third quarter worth about $41,000. UMB Bank n.a. boosted its position in shares of Fidelity National Financial by 280.6% in the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider's stock worth $43,000 after buying an additional 505 shares during the period. Finally, Larson Financial Group LLC grew its stake in shares of Fidelity National Financial by 141.1% in the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider's stock valued at $43,000 after buying an additional 402 shares in the last quarter. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Down 0.0 %

Shares of NYSE:FNF traded down $0.00 during midday trading on Tuesday, reaching $57.64. The company had a trading volume of 671,075 shares, compared to its average volume of 905,990. The stock has a market capitalization of $15.77 billion, a P/E ratio of 20.96 and a beta of 1.39. The stock's fifty day moving average price is $58.37 and its 200-day moving average price is $58.71. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $64.83.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its 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 return on equity of 13.72% and a net margin of 5.57%. The company had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the previous year, the firm posted $1.23 EPS. Fidelity National Financial's revenue for the quarter 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 company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date was Tuesday, December 17th. This is an increase from Fidelity National Financial's previous quarterly dividend of $0.48. Fidelity National Financial's dividend payout ratio (DPR) is currently 72.73%.

Analyst Ratings Changes

A number of equities analysts have weighed in on FNF shares. Keefe, Bruyette & Woods decreased their price target on 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. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and upped their target price for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Truist Financial lifted their price target on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Finally, Barclays upped their price objective on shares of Fidelity National Financial from $56.00 to $59.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Fidelity National Financial has a consensus rating of "Moderate Buy" and an average price target of $66.40.

Insider Transactions at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction dated 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 owns 16,716 shares in the company, valued at $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total value of $117,842.36. Following the completion of the transaction, the director now owns 32,386 shares of the company's stock, valued at approximately $1,824,303.38. The trade was 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.

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.