Hahn Capital Management LLC Has $5.12 Million Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Hahn Capital Management LLC trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 28.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,485 shares of the financial services provider's stock after selling 32,613 shares during the quarter. Fidelity National Financial makes up approximately 3.3% of Hahn Capital Management LLC's portfolio, making the stock its 18th largest position. Hahn Capital Management LLC's holdings in Fidelity National Financial were worth $5,119,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. TPG GP A LLC acquired a new stake in shares of Fidelity National Financial during the second quarter worth approximately $83,798,000. Windacre Partnership LLC grew its holdings in Fidelity National Financial by 9.6% in the 1st quarter. Windacre Partnership LLC now owns 16,249,267 shares of the financial services provider's stock valued at $862,836,000 after buying an additional 1,424,767 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Fidelity National Financial by 2.8% in the first quarter. Vanguard Group Inc. now owns 26,875,738 shares of the financial services provider's stock valued at $1,427,102,000 after acquiring an additional 728,768 shares during the period. Victory Capital Management Inc. grew its position in Fidelity National Financial by 8.5% in the 2nd quarter. Victory Capital Management Inc. now owns 8,181,554 shares of the financial services provider's stock worth $404,332,000 after purchasing an additional 640,829 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Fidelity National Financial by 673.6% during the first quarter. BNP Paribas Financial Markets now owns 666,900 shares of the financial services provider's stock valued at $35,412,000 after buying an additional 580,694 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FNF. Barclays increased their price target on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Keefe, Bruyette & Woods increased their price target on shares of Fidelity National Financial from $58.00 to $63.00 and gave the company a "market perform" rating in a research note on Wednesday, September 4th. Truist Financial upped their price objective on Fidelity National Financial from $62.00 to $64.00 and gave the stock a "buy" rating in a report on Wednesday, August 7th. StockNews.com downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Wednesday, July 17th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the company a "hold" rating in a report on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $62.40.

Fidelity National Financial Stock Down 1.1 %

Shares of Fidelity National Financial stock traded down $0.65 during trading hours on Friday, reaching $59.96. 906,615 shares of the company's stock were exchanged, compared to its average volume of 1,218,591. Fidelity National Financial, Inc. has a fifty-two week low of $37.48 and a fifty-two week high of $62.97. The stock has a market cap of $16.38 billion, a P/E ratio of 19.72 and a beta of 1.36. The company has a 50 day moving average of $59.89 and a two-hundred day moving average of $54.19. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.52.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share for the quarter, missing analysts' consensus estimates of $1.27 by ($0.03). The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. The firm's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.01 EPS. On average, sell-side analysts forecast that Fidelity National Financial, Inc. will post 4.53 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.92 dividend on an annualized basis and a yield of 3.20%. Fidelity National Financial's dividend payout ratio (DPR) is presently 63.16%.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the business's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total transaction of $103,445.00. Following the completion of the transaction, the director now directly owns 13,206 shares in the company, valued at $803,585.10. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 5.20% of the company's stock.

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.