Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by MetLife Investment Management LLC

MetLife Investment Management LLC boosted its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,533 shares of the financial services provider's stock after buying an additional 12,268 shares during the period. MetLife Investment Management LLC owned 0.05% of Fidelity National Financial worth $8,226,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Fidelity National Financial in the 4th quarter valued at $158,386,000. Invesco Ltd. raised its position in shares of Fidelity National Financial by 53.3% in the fourth quarter. Invesco Ltd. now owns 2,199,684 shares of the financial services provider's stock valued at $123,490,000 after buying an additional 764,958 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Fidelity National Financial in the fourth quarter valued at about $33,103,000. Jupiter Asset Management Ltd. purchased a new position in shares of Fidelity National Financial in the fourth quarter worth about $32,670,000. Finally, National Pension Service boosted its position in Fidelity National Financial by 648.5% during the fourth quarter. National Pension Service now owns 496,600 shares of the financial services provider's stock worth $27,879,000 after acquiring an additional 430,252 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on FNF shares. StockNews.com cut Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft upgraded 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 report on Friday, January 3rd. Barclays upped their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Stephens lifted 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 note on Monday, February 24th. Finally, Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Fidelity National Financial presently has an average rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Trading Down 0.8 %

FNF stock traded down $0.52 during mid-day trading on Friday, hitting $62.69. 847,473 shares of the company were exchanged, compared to its average volume of 1,115,221. The business has a fifty day simple moving average of $62.28 and a 200-day simple moving average of $60.23. The firm has a market capitalization of $17.24 billion, a P/E ratio of 13.48 and a beta of 1.09. Fidelity National Financial, Inc. has a 12-month low of $47.79 and a 12-month high of $66.72. 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 (NYSE:FNF - Get Free Report) last posted its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.11. The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same quarter in the prior year, the company earned $0.75 EPS. On average, equities research analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date was Monday, March 17th. Fidelity National Financial's dividend payout ratio is currently 43.01%.

Fidelity National Financial 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.