Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 6.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,897 shares of the financial services provider's stock after buying an additional 4,275 shares during the quarter. Wealthfront Advisers LLC's holdings in Fidelity National Financial were worth $3,812,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in Fidelity National Financial in the 3rd quarter worth $35,000. Parkside Financial Bank & Trust grew its position in shares of Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 209 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of Fidelity National Financial during the fourth quarter worth about $37,000. True Wealth Design LLC acquired a new position in shares of Fidelity National Financial during the 3rd quarter worth about $41,000. Finally, Larson Financial Group LLC lifted its stake in Fidelity National Financial by 141.1% in the 3rd 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 owned by institutional investors and hedge funds.

Fidelity National Financial Stock Performance

NYSE FNF opened at $63.36 on Friday. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $65.65. The firm has a market capitalization of $17.42 billion, a P/E ratio of 13.62 and a beta of 1.32. The stock's fifty day moving average is $58.91 and its two-hundred day moving average is $59.63. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

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Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.33 billion. During the same quarter in the previous year, the company posted $0.75 EPS. On average, research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.50 dividend. The ex-dividend date is Monday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.16%. Fidelity National Financial's dividend payout ratio (DPR) is 43.01%.

Wall Street Analysts Forecast Growth

FNF has been the subject of several research reports. Barclays boosted their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research note on Monday, February 24th. Stephens boosted their price target on Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a "hold" rating to a "buy" rating and raised their price objective for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Keefe, Bruyette & Woods lowered their target price on shares of 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. Finally, StockNews.com cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Fidelity National Financial currently has a consensus rating of "Moderate Buy" and a consensus price target of $70.40.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the firm's stock in a transaction on Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares of the company's stock, valued at $916,872.60. This trade 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 the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction 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 sale, the director now owns 32,386 shares in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company's stock.

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.

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