Mirae Asset Global Investments Co. Ltd. Raises Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Mirae Asset Global Investments Co. Ltd. grew its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 20.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,020 shares of the financial services provider's stock after acquiring an additional 32,678 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.07% of Fidelity National Financial worth $10,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of FNF. Cetera Investment Advisers boosted its holdings in Fidelity National Financial by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 45,001 shares of the financial services provider's stock worth $2,224,000 after acquiring an additional 584 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Fidelity National Financial by 132.4% during the 3rd quarter. GAMMA Investing LLC now owns 6,225 shares of the financial services provider's stock worth $386,000 after acquiring an additional 3,546 shares during the last quarter. Atomi Financial Group Inc. boosted its holdings in Fidelity National Financial by 53.0% during the 3rd quarter. Atomi Financial Group Inc. now owns 6,237 shares of the financial services provider's stock worth $387,000 after acquiring an additional 2,161 shares during the last quarter. CWM LLC boosted its holdings in Fidelity National Financial by 101.7% during the 3rd quarter. CWM LLC now owns 11,729 shares of the financial services provider's stock worth $728,000 after acquiring an additional 5,913 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in Fidelity National Financial by 280.6% during the 3rd quarter. UMB Bank n.a. now owns 685 shares of the financial services provider's stock worth $43,000 after acquiring an additional 505 shares during the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Performance

Fidelity National Financial stock traded down $0.29 during midday trading on Monday, reaching $57.73. The stock had a trading volume of 397,031 shares, compared to its average volume of 867,785. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $64.83. The firm's 50-day moving average price is $57.94 and its 200 day moving average price is $58.83. The firm has a market capitalization of $15.80 billion, a PE ratio of 20.98 and a beta of 1.39. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47.

Analyst Upgrades and Downgrades

FNF has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a "hold" rating to a "buy" rating and boosted their price target for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Truist Financial boosted their price target on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Finally, Keefe, Bruyette & Woods cut their price target on shares of 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. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $66.40.

Insider Activity at Fidelity National Financial

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the company's stock in a transaction dated Tuesday, December 24th. The stock was 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 in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Halim Dhanidina sold 2,800 shares of the company's stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the sale, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.

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.