Fidelity National Financial (NYSE:FNF) Price Target Raised to $70.00 at Truist Financial

Fidelity National Financial (NYSE:FNF - Get Free Report) had its price target increased by analysts at Truist Financial from $64.00 to $70.00 in a report released on Monday,Benzinga reports. The firm presently has a "buy" rating on the financial services provider's stock. Truist Financial's price target points to a potential upside of 16.32% from the company's current price.

Several other brokerages have also weighed in on FNF. Stephens reaffirmed an "overweight" rating and set a $63.00 price objective on shares of Fidelity National Financial in a research report on Thursday, August 15th. Deutsche Bank Aktiengesellschaft increased their price target on Fidelity National Financial from $61.00 to $63.00 and gave the company a "hold" rating in a report on Wednesday, August 7th. Keefe, Bruyette & Woods increased their price target on Fidelity National Financial from $58.00 to $63.00 and gave the company a "market perform" rating in a report on Wednesday, September 4th. StockNews.com downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Wednesday, July 17th. Finally, Barclays increased their price target on Fidelity National Financial from $56.00 to $59.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $63.60.

Fidelity National Financial Stock Down 0.1 %

FNF traded down $0.05 during midday trading on Monday, hitting $60.18. 725,705 shares of the company's stock traded hands, compared to its average volume of 1,213,092. The company has a market cap of $16.46 billion, a PE ratio of 22.26 and a beta of 1.37. The stock's fifty day simple moving average is $60.30 and its 200-day simple moving average is $55.09. The company has a debt-to-equity ratio of 0.52, a current ratio of 39.51 and a quick ratio of 0.23. Fidelity National Financial has a one year low of $43.11 and a one year high of $62.97.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.11). The business had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.32 billion. Fidelity National Financial had a net margin of 5.57% and a return on equity of 14.08%. Fidelity National Financial's revenue was up 29.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.23 EPS. As a group, equities analysts anticipate that Fidelity National Financial will post 4.53 earnings per share for the current fiscal year.

Insider Transactions at Fidelity National Financial

In other news, Director Halim Dhanidina sold 1,700 shares of the firm's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total value of $103,445.00. Following the sale, the director now owns 13,206 shares in the company, valued at approximately $803,585.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 5.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fidelity National Financial

Institutional investors have recently bought and sold shares of the business. Opal Wealth Advisors LLC acquired a new stake in Fidelity National Financial during the second quarter worth $26,000. New Covenant Trust Company N.A. acquired a new stake in Fidelity National Financial during the first quarter worth $30,000. Covestor Ltd boosted its stake in Fidelity National Financial by 109.0% during the first quarter. Covestor Ltd now owns 581 shares of the financial services provider's stock worth $31,000 after buying an additional 303 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Fidelity National Financial during the third quarter worth $32,000. Finally, International Assets Investment Management LLC acquired a new stake in Fidelity National Financial during the second quarter worth $35,000. Institutional investors and hedge funds own 81.17% of the company's stock.

Fidelity National Financial Company 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.