Andra AP fonden Acquires 12,000 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Andra AP fonden boosted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 7.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 166,300 shares of the financial services provider's stock after buying an additional 12,000 shares during the quarter. Andra AP fonden owned approximately 0.06% of Fidelity National Financial worth $9,336,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in Fidelity National Financial during the 4th quarter worth about $33,103,000. National Pension Service grew its stake 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 purchasing an additional 430,252 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Fidelity National Financial by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,412,888 shares of the financial services provider's stock worth $472,300,000 after purchasing an additional 387,729 shares during the period. Point72 Asset Management L.P. bought a new stake in Fidelity National Financial in the third quarter worth approximately $11,469,000. Finally, Life Planning Partners Inc lifted its stake in Fidelity National Financial by 5,166.6% in the fourth quarter. Life Planning Partners Inc now owns 187,227 shares of the financial services provider's stock valued at $10,511,000 after buying an additional 183,672 shares during the period. Institutional investors own 81.17% of the company's stock.

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Analysts Set New Price Targets

Several brokerages have recently commented on FNF. Stephens raised their target price on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods decreased their price objective 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. Barclays lifted their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research report on Monday, February 24th. StockNews.com downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and upped their target price for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $70.40.

Insider Activity at Fidelity National Financial

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the 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 transaction, the director now owns 32,386 shares of the company's stock, valued at $1,824,303.38. This represents a 6.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial 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 sale, the director now directly owns 16,716 shares of the company's stock, valued at $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Fidelity National Financial Stock Performance

Shares of FNF stock traded down $0.34 during trading hours on Wednesday, hitting $61.70. 1,244,516 shares of the company were exchanged, compared to its average volume of 1,045,833. The stock has a market capitalization of $16.97 billion, a price-to-earnings ratio of 13.27 and a beta of 1.32. The firm has a fifty day simple moving average of $58.66 and a 200 day simple moving average of $59.59. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $65.65.

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. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate 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 last year, the company earned $0.75 EPS. 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.50 dividend. The ex-dividend date is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.24%. Fidelity National Financial's dividend payout ratio (DPR) is presently 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.