Liberty Capital Management Inc. Buys New Shares in Fidelity National Financial, Inc. (NYSE:FNF)

Liberty Capital Management Inc. acquired a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,091 shares of the financial services provider's stock, valued at approximately $398,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ZWJ Investment Counsel Inc. lifted its stake in shares of Fidelity National Financial by 1.0% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 19,740 shares of the financial services provider's stock worth $1,225,000 after acquiring an additional 195 shares during the last quarter. Commerce Bank lifted its position in shares of Fidelity National Financial by 3.5% during the third quarter. Commerce Bank now owns 5,991 shares of the financial services provider's stock worth $372,000 after purchasing an additional 200 shares during the last quarter. Chesley Taft & Associates LLC boosted 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 valued at $937,000 after purchasing an additional 200 shares during the period. First Horizon Advisors Inc. grew its holdings in shares of Fidelity National Financial by 32.6% in the third quarter. First Horizon Advisors Inc. now owns 878 shares of the financial services provider's stock worth $55,000 after purchasing an additional 216 shares during the last quarter. Finally, Centennial Wealth Advisory LLC increased its stake in Fidelity National Financial by 4.6% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 5,463 shares of the financial services provider's stock worth $339,000 after buying an additional 239 shares during the period. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on FNF. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and upped their target price for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a report on Wednesday, January 8th. Finally, Truist Financial upped their target price on Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Fidelity National Financial presently has an average rating of "Moderate Buy" and an average price target of $66.40.

Fidelity National Financial Stock Up 1.5 %

Shares of NYSE FNF traded up $0.83 during midday trading on Thursday, reaching $57.68. 898,217 shares of the company's stock traded hands, compared to its average volume of 894,459. The company has a market cap of $15.78 billion, a price-to-earnings ratio of 20.98 and a beta of 1.39. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $64.83. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock's 50 day simple moving average is $57.62 and its 200-day simple moving average is $58.87.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of the business's 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 transaction, the director now owns 16,716 shares in the company, valued at $916,872.60. The trade was a 14.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 32,386 shares of the company's stock, valued at $1,824,303.38. The trade was a 6.07 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company's stock.

Fidelity National Financial 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.