Life Planning Partners Inc Boosts Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Life Planning Partners Inc grew its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 5,166.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 187,227 shares of the financial services provider's stock after acquiring an additional 183,672 shares during the period. Fidelity National Financial accounts for 1.5% of Life Planning Partners Inc's portfolio, making the stock its 20th largest holding. Life Planning Partners Inc owned 0.07% of Fidelity National Financial worth $10,511,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Fidelity National Financial by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 27,054,319 shares of the financial services provider's stock worth $1,518,829,000 after purchasing an additional 150,493 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in 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 worth $472,300,000 after buying an additional 387,729 shares during the period. Victory Capital Management Inc. raised its holdings in 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 valued at $454,351,000 after acquiring an additional 98,751 shares during the period. Geode Capital Management LLC lifted its position in shares of Fidelity National Financial by 1.6% in the third quarter. Geode Capital Management LLC now owns 4,462,837 shares of the financial services provider's stock valued at $276,343,000 after acquiring an additional 69,643 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Fidelity National Financial during the fourth quarter worth about $158,386,000. Hedge funds and other institutional investors own 81.17% of the company's stock.

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Wall Street Analyst Weigh In

FNF has been the topic of a number of research analyst reports. Stephens boosted their target price on Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, February 24th. Barclays upped their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Keefe, Bruyette & Woods decreased their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a "hold" rating to a "buy" rating and boosted their target price for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, StockNews.com lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $70.40.

Fidelity National Financial Stock Down 2.4 %

Shares of Fidelity National Financial stock traded down $1.59 during trading on Thursday, reaching $65.00. The company's stock had a trading volume of 921,103 shares, compared to its average volume of 1,089,821. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $66.72. The company has a 50-day simple moving average of $61.21 and a two-hundred day simple moving average of $60.21. 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 company has a market cap of $17.87 billion, a price-to-earnings ratio of 13.98 and a beta of 1.32.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.23 by $0.11. The business had revenue of $3.62 billion for 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 quarter in the previous year, the firm earned $0.75 earnings per share. As a group, equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.50 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.08%. Fidelity National Financial's dividend payout ratio (DPR) is presently 43.01%.

Insiders Place Their Bets

In related news, Director Halim Dhanidina sold 2,800 shares of the firm's stock in a transaction 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 of the company's stock, valued at $916,872.60. This trade represents a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.20% of the stock is currently owned by insiders.

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.