Fidelity National Financial, Inc. (NYSE:FNF) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 6.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 340,084 shares of the financial services provider's stock after purchasing an additional 19,524 shares during the quarter. Natixis Advisors LLC owned about 0.12% of Fidelity National Financial worth $19,092,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNF. Metis Global Partners LLC acquired a new position in Fidelity National Financial during the third quarter valued at approximately $205,000. CIBC Asset Management Inc boosted its position in Fidelity National Financial by 3.2% in the 3rd quarter. CIBC Asset Management Inc now owns 16,022 shares of the financial services provider's stock valued at $994,000 after buying an additional 499 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Fidelity National Financial by 3.6% during the third quarter. Empowered Funds LLC now owns 42,127 shares of the financial services provider's stock valued at $2,614,000 after acquiring an additional 1,465 shares in the last quarter. Claro Advisors LLC acquired a new position in shares of Fidelity National Financial in the third quarter worth about $253,000. Finally, Swiss National Bank boosted its holdings in Fidelity National Financial by 0.3% in the third quarter. Swiss National Bank now owns 770,400 shares of the financial services provider's stock valued at $47,811,000 after purchasing an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have issued reports on FNF shares. Stephens upped their target price on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research report on Monday, February 24th. 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. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a "hold" rating to a "buy" rating and raised their price objective for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Barclays upped 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. Finally, StockNews.com downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Fidelity National Financial currently has a consensus rating of "Moderate Buy" and an average target price of $70.40.

Insider Transactions at Fidelity National Financial

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the completion of the transaction, the director now owns 32,386 shares of the company's stock, valued at approximately $1,824,303.38. This represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction 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. Insiders own 5.20% of the company's stock.

Fidelity National Financial Stock Performance

Shares of NYSE:FNF traded down $0.63 during trading on Friday, reaching $63.49. 5,236,900 shares of the company's stock traded hands, compared to its average volume of 1,031,588. The stock has a market capitalization of $17.46 billion, a P/E ratio of 13.65 and a beta of 1.32. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $65.65. The company has a 50 day moving average of $59.91 and a 200-day moving average of $59.86. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.23 by $0.11. The company had revenue of $3.62 billion during 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 period in the prior year, the company earned $0.75 earnings per share. On average, equities 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 declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Monday, March 17th. Fidelity National Financial's dividend payout ratio (DPR) is 43.01%.

About Fidelity National Financial

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.