APG Asset Management N.V. Has $9.23 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

APG Asset Management N.V. increased its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 680.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 170,200 shares of the financial services provider's stock after acquiring an additional 148,400 shares during the period. APG Asset Management N.V. owned about 0.06% of Fidelity National Financial worth $9,227,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FNF. Vanguard Group Inc. raised its position in shares of Fidelity National Financial by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 27,054,319 shares of the financial services provider's stock valued at $1,518,829,000 after buying an additional 150,493 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Fidelity National Financial by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,412,888 shares of the financial services provider's stock worth $472,300,000 after acquiring an additional 387,729 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Fidelity National Financial by 1.2% in the fourth quarter. Victory Capital Management Inc. now owns 8,093,184 shares of the financial services provider's stock valued at $454,351,000 after purchasing an additional 98,751 shares during the last quarter. Geode Capital Management LLC increased its holdings in Fidelity National Financial by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 4,497,471 shares of the financial services provider's stock valued at $252,037,000 after buying an additional 34,634 shares in the last quarter. Finally, Norges Bank purchased a new position in Fidelity National Financial during the fourth quarter valued at $158,386,000. Institutional investors own 81.17% of the company's stock.

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Fidelity National Financial Stock Performance

Shares of NYSE FNF traded down $0.02 during midday trading on Wednesday, hitting $62.42. 365,577 shares of the company's stock were exchanged, compared to its average volume of 1,095,655. The firm has a market cap of $17.16 billion, a P/E ratio of 13.42 and a beta of 1.09. The stock's 50 day moving average price is $61.72 and its 200-day moving average price is $60.19. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $66.72. 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 (NYSE:FNF - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $3.33 billion. During the same quarter last year, the business posted $0.75 EPS. Equities research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.50 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.20%. Fidelity National Financial's payout ratio is presently 43.01%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FNF shares. Barclays lifted their target price on 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 cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Stephens increased their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and lifted their price target for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Finally, Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $71.60.

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.