Fidelity National Financial (NYSE:FNF) Rating Increased to Outperform at Keefe, Bruyette & Woods

Fidelity National Financial (NYSE:FNF - Get Free Report) was upgraded by equities researchers at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating in a research note issued on Tuesday, Marketbeat.com reports. The brokerage presently has a $69.00 price objective on the financial services provider's stock. Keefe, Bruyette & Woods' price objective indicates a potential upside of 15.16% from the stock's previous close.

A number of other research firms have also issued reports on FNF. Barclays boosted their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Stephens raised their target price on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded shares of 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 report on Friday, January 3rd. Finally, StockNews.com downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $71.60.

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Fidelity National Financial Stock Down 0.4 %

Shares of NYSE:FNF traded down $0.25 during trading on Tuesday, hitting $59.92. The company's stock had a trading volume of 1,810,281 shares, compared to its average volume of 1,096,348. Fidelity National Financial has a fifty-two week low of $46.85 and a fifty-two week high of $66.72. The stock's 50-day moving average price is $61.57 and its two-hundred day moving average price is $60.17. 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 company has a market capitalization of $16.48 billion, a PE ratio of 12.89 and a beta of 1.09.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.33 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. As a group, sell-side analysts expect that Fidelity National Financial will post 6.28 EPS for the current year.

Hedge Funds Weigh In On Fidelity National Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Analysts LLC bought a new position in Fidelity National Financial during the fourth quarter valued at about $29,000. Parkside Financial Bank & Trust raised its stake in shares of Fidelity National Financial by 50.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 209 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Fidelity National Financial in the 4th quarter worth approximately $37,000. Kapitalo Investimentos Ltda bought a new stake in Fidelity National Financial during the fourth quarter worth approximately $44,000. Finally, Colonial Trust Co SC grew its holdings in Fidelity National Financial by 130.1% during the fourth quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 450 shares during the last quarter. Institutional investors 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.