16,831 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 16,831 shares of the financial services provider's stock, valued at approximately $945,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of FNF. Charles Schwab Investment Management Inc. grew its stake in shares of 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 valued at $472,300,000 after purchasing an additional 387,729 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Fidelity National Financial by 1.2% during the fourth quarter. Victory Capital Management Inc. now owns 8,093,184 shares of the financial services provider's stock worth $454,351,000 after purchasing an additional 98,751 shares during the period. Geode Capital Management LLC grew its position in Fidelity National Financial by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 4,462,837 shares of the financial services provider's stock valued at $276,343,000 after buying an additional 69,643 shares during the last quarter. AustralianSuper Pty Ltd increased its stake in Fidelity National Financial by 0.9% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,849,429 shares of the financial services provider's stock valued at $103,827,000 after buying an additional 15,664 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Fidelity National Financial by 3.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,530,424 shares of the financial services provider's stock worth $94,978,000 after buying an additional 57,316 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FNF. Stephens lifted their target price 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. Keefe, Bruyette & Woods dropped their target price on Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a research report on Wednesday, January 8th. StockNews.com cut Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and upped their price objective for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Finally, Barclays increased their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Monday, February 24th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Fidelity National Financial has a consensus rating of "Moderate Buy" and an average price target of $70.40.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction that occurred 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 completion of the sale, the director now owns 16,716 shares of the company's stock, valued at approximately $916,872.60. This represents a 14.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.20% of the stock is currently owned by insiders.

Fidelity National Financial Price Performance

Shares of FNF traded up $0.14 on Thursday, reaching $64.92. The stock had a trading volume of 970,113 shares, compared to its average volume of 1,032,913. The firm has a 50-day moving average of $60.48 and a 200 day moving average of $59.99. The firm has a market capitalization of $17.85 billion, a PE ratio of 13.96 and a beta of 1.32. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $67.69. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.11. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The business had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.33 billion. During the same quarter last year, the business posted $0.75 earnings per share. Sell-side analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.08%. Fidelity National Financial's dividend payout ratio (DPR) is currently 43.01%.

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.