International Assets Investment Management LLC Grows Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

International Assets Investment Management LLC grew its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 6,061.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 43,380 shares of the financial services provider's stock after acquiring an additional 42,676 shares during the period. International Assets Investment Management LLC's holdings in Fidelity National Financial were worth $26,920,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP increased its position in Fidelity National Financial by 45.3% during the 4th quarter. Wellington Management Group LLP now owns 38,396 shares of the financial services provider's stock valued at $1,959,000 after purchasing an additional 11,978 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Fidelity National Financial by 3.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 19,819 shares of the financial services provider's stock valued at $1,052,000 after acquiring an additional 625 shares in the last quarter. State of Michigan Retirement System boosted its position in shares of Fidelity National Financial by 2.3% during the 1st quarter. State of Michigan Retirement System now owns 67,200 shares of the financial services provider's stock worth $3,568,000 after purchasing an additional 1,500 shares in the last quarter. Tradewinds Capital Management LLC bought a new position in shares of Fidelity National Financial during the 1st quarter worth about $106,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Fidelity National Financial by 7.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 78,324 shares of the financial services provider's stock worth $4,159,000 after purchasing an additional 5,759 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Stock Performance

Fidelity National Financial stock traded down $0.56 during trading on Tuesday, hitting $60.05. The stock had a trading volume of 1,067,127 shares, compared to its average volume of 1,215,213. Fidelity National Financial, Inc. has a 1 year low of $38.51 and a 1 year high of $62.97. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.52. The stock's 50 day moving average is $60.08 and its two-hundred day moving average is $54.46. The stock has a market cap of $16.42 billion, a price-to-earnings ratio of 19.75 and a beta of 1.36.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $1.24 EPS 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 analysts' expectations of $3.20 billion. Fidelity National Financial had a net margin of 7.19% and a return on equity of 14.48%. The firm's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.01 EPS. As a group, analysts predict that Fidelity National Financial, Inc. will post 4.53 EPS for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently declared 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. This represents a $1.92 annualized dividend and a dividend yield of 3.20%. The ex-dividend date was Monday, September 16th. Fidelity National Financial's dividend payout ratio (DPR) is presently 63.16%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Barclays increased their target price on Fidelity National Financial from $56.00 to $59.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Truist Financial upped their price objective on shares of Fidelity National Financial from $62.00 to $64.00 and gave the stock a "buy" rating in a report on Wednesday, August 7th. Keefe, Bruyette & Woods upped their price objective on shares of Fidelity National Financial from $58.00 to $63.00 and gave the stock a "market perform" rating in a report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Fidelity National Financial from $61.00 to $63.00 and gave the stock a "hold" rating in a report on Wednesday, August 7th. Finally, Stephens restated an "overweight" rating and issued a $63.00 target price on shares of Fidelity National Financial in a report on Thursday, August 15th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $62.40.

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.