Fidelity National Financial, Inc. (NYSE:FNF) Holdings Raised by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 13.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,492 shares of the financial services provider's stock after purchasing an additional 8,623 shares during the period. DekaBank Deutsche Girozentrale's holdings in Fidelity National Financial were worth $4,469,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Opal Wealth Advisors LLC acquired a new stake in Fidelity National Financial during the second quarter worth about $26,000. New Covenant Trust Company N.A. acquired a new stake in Fidelity National Financial during the 1st quarter worth approximately $30,000. Covestor Ltd raised its holdings in Fidelity National Financial by 109.0% in the first quarter. Covestor Ltd now owns 581 shares of the financial services provider's stock valued at $31,000 after buying an additional 303 shares during the period. Salomon & Ludwin LLC lifted its position in Fidelity National Financial by 231.0% during the first quarter. Salomon & Ludwin LLC now owns 609 shares of the financial services provider's stock valued at $32,000 after buying an additional 425 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Fidelity National Financial during the second quarter worth approximately $35,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Halim Dhanidina sold 1,700 shares of the business's stock in a transaction that occurred on Wednesday, September 18th. The stock was 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 owns 13,206 shares in the company, valued at $803,585.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

Fidelity National Financial Stock Down 2.3 %

NYSE:FNF traded down $1.37 during mid-day trading on Friday, reaching $58.80. The stock had a trading volume of 860,425 shares, compared to its average volume of 1,208,949. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market capitalization of $16.08 billion, a price-to-earnings ratio of 17.97 and a beta of 1.36. Fidelity National Financial, Inc. has a 1-year low of $40.35 and a 1-year high of $62.97. The stock's 50 day simple moving average is $60.21 and its two-hundred day simple moving average is $54.54.

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

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.