Fidelity National Financial, Inc. (NYSE:FNF) Position Boosted by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 81.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 95,823 shares of the financial services provider's stock after acquiring an additional 42,868 shares during the period. Russell Investments Group Ltd.'s holdings in Fidelity National Financial were worth $5,379,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNF. Chesley Taft & Associates LLC grew its stake in shares of Fidelity National Financial by 1.2% during the fourth quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider's stock worth $937,000 after purchasing an additional 200 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Fidelity National Financial by 0.3% in the 4th quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider's stock valued at $4,053,000 after acquiring an additional 200 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after purchasing an additional 209 shares in the last quarter. Essex Financial Services Inc. lifted its stake in Fidelity National Financial by 5.3% in the 4th quarter. Essex Financial Services Inc. now owns 4,206 shares of the financial services provider's stock valued at $236,000 after buying an additional 211 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Fidelity National Financial by 19.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock valued at $75,000 after acquiring an additional 223 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Barclays boosted 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 research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a "hold" rating to a "buy" rating and increased their target price for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. StockNews.com downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods upgraded 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. Finally, Stephens upped 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. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Fidelity National Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Stock Performance

NYSE:FNF traded up $0.27 during mid-day trading on Friday, hitting $61.75. The stock had a trading volume of 5,166,755 shares, compared to its average volume of 1,112,935. Fidelity National Financial, Inc. has a 52 week low of $47.20 and a 52 week high of $66.72. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $16.98 billion, a price-to-earnings ratio of 13.28 and a beta of 1.09. The company has a 50 day simple moving average of $61.87 and a 200-day simple moving average of $60.20.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.11. The business had revenue of $3.62 billion during 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 period in the prior year, the company posted $0.75 EPS. On average, research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was 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 is presently 43.01%.

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.