Entropy Technologies LP Grows Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Entropy Technologies LP grew its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 42.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,325 shares of the financial services provider's stock after buying an additional 12,576 shares during the quarter. Entropy Technologies LP's holdings in Fidelity National Financial were worth $2,376,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Swedbank AB lifted its position in shares of Fidelity National Financial by 25.1% during the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock worth $2,630,000 after buying an additional 8,511 shares in the last quarter. Everence Capital Management Inc. bought a new position in shares of Fidelity National Financial during the 4th quarter worth approximately $621,000. Horizon Kinetics Asset Management LLC lifted its position in shares of Fidelity National Financial by 35.1% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider's stock worth $3,604,000 after buying an additional 15,100 shares in the last quarter. Barclays PLC lifted its position in shares of Fidelity National Financial by 4.4% during the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock worth $13,451,000 after buying an additional 9,146 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Fidelity National Financial by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock worth $419,000 after buying an additional 1,233 shares in the last quarter. Institutional investors own 81.17% of the company's stock.

Wall Street Analyst Weigh In

FNF has been the subject of several research analyst reports. Truist Financial raised 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. Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a research note on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and raised their price target for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $66.40.

Fidelity National Financial Stock Performance

Fidelity National Financial stock traded up $0.83 during mid-day trading on Thursday, reaching $57.68. The company's stock had a trading volume of 898,217 shares, compared to its average volume of 894,459. Fidelity National Financial, Inc. has a 12-month low of $46.85 and a 12-month high of $64.83. The company has a market capitalization of $15.78 billion, a P/E ratio of 20.98 and a beta of 1.39. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The firm's fifty day moving average price is $57.62 and its two-hundred day moving average price is $58.87.

Insider Activity at Fidelity National Financial

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the business's stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the transaction, the director now directly owns 32,386 shares in the company, valued at $1,824,303.38. The trade was a 6.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Halim Dhanidina sold 2,800 shares of the business's stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, 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 disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

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.