Lloyd Advisory Services LLC. Invests $1.01 Million in Fidelity National Financial, Inc. (NYSE:FNF)

Lloyd Advisory Services LLC. acquired a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,030 shares of the financial services provider's stock, valued at approximately $1,010,000.

Several other large investors have also modified their holdings of the stock. First Eagle Investment Management LLC raised its holdings in Fidelity National Financial by 2.9% in the fourth quarter. First Eagle Investment Management LLC now owns 6,113,602 shares of the financial services provider's stock valued at $311,916,000 after buying an additional 171,521 shares during the period. Victory Capital Management Inc. raised its holdings in Fidelity National Financial by 195.2% in the fourth quarter. Victory Capital Management Inc. now owns 4,261,568 shares of the financial services provider's stock valued at $217,425,000 after buying an additional 2,818,001 shares during the period. Confluence Investment Management LLC purchased a new position in Fidelity National Financial in the first quarter valued at approximately $135,347,000. Northern Trust Corp raised its holdings in Fidelity National Financial by 41.9% in the third quarter. Northern Trust Corp now owns 2,364,867 shares of the financial services provider's stock valued at $97,669,000 after buying an additional 698,322 shares during the period. Finally, Legal & General Group Plc raised its holdings in Fidelity National Financial by 6.4% in the third quarter. Legal & General Group Plc now owns 1,930,540 shares of the financial services provider's stock valued at $79,731,000 after buying an additional 116,393 shares during the period. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of the firm's stock in a transaction on Friday, April 26th. The stock was sold at an average price of $50.64, for a total value of $151,920.00. Following the sale, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Fidelity National Financial news, CFO Anthony Park sold 85,000 shares of the firm's stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $50.82, for a total value of $4,319,700.00. Following the sale, the chief financial officer now directly owns 99,049 shares in the company, valued at $5,033,670.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Halim Dhanidina sold 3,000 shares of the firm's stock in a transaction on Friday, April 26th. The shares were sold at an average price of $50.64, for a total value of $151,920.00. Following the completion of the sale, the director now owns 14,906 shares in the company, valued at $754,839.84. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

Fidelity National Financial Stock Up 0.4 %

Shares of FNF stock traded up $0.18 during mid-day trading on Monday, reaching $49.76. 768,452 shares of the company were exchanged, compared to its average volume of 1,369,225. Fidelity National Financial, Inc. has a fifty-two week low of $33.81 and a fifty-two week high of $53.96. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market capitalization of $13.60 billion, a P/E ratio of 16.37 and a beta of 1.35. The business's 50 day simple moving average is $50.28 and its 200 day simple moving average is $50.30.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.84 by ($0.08). The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $2.72 billion. Fidelity National Financial had a return on equity of 14.24% and a net margin of 6.55%. The firm's quarterly revenue was up 33.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.52 EPS. Research analysts predict that Fidelity National Financial, Inc. will post 4.67 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Friday, June 14th. Fidelity National Financial's dividend payout ratio is presently 63.16%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on FNF. Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Financial from $56.00 to $55.00 and set a "market perform" rating on the stock in a research note on Monday, May 13th. Stephens lifted their price objective on shares of Fidelity National Financial from $59.00 to $60.00 and gave the company an "overweight" rating in a research note on Friday, May 10th. Finally, Barclays lifted their price objective on shares of Fidelity National Financial from $52.00 to $56.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 9th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $55.80.

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.