Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Cambiar Investors LLC

Cambiar Investors LLC lessened its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 5.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 244,124 shares of the financial services provider's stock after selling 13,326 shares during the period. Cambiar Investors LLC owned about 0.09% of Fidelity National Financial worth $15,150,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. AustralianSuper Pty Ltd raised its stake in shares of Fidelity National Financial by 0.4% in the 3rd quarter. AustralianSuper Pty Ltd now owns 1,833,765 shares of the financial services provider's stock valued at $113,803,000 after purchasing an additional 6,976 shares in the last quarter. US Bancorp DE increased its holdings in Fidelity National Financial by 4.0% in the third quarter. US Bancorp DE now owns 20,718 shares of the financial services provider's stock valued at $1,286,000 after buying an additional 799 shares during the last quarter. First Trust Direct Indexing L.P. raised its stake in Fidelity National Financial by 40.1% during the third quarter. First Trust Direct Indexing L.P. now owns 6,117 shares of the financial services provider's stock valued at $380,000 after buying an additional 1,751 shares in the last quarter. abrdn plc lifted its holdings in Fidelity National Financial by 28.1% during the 3rd quarter. abrdn plc now owns 69,950 shares of the financial services provider's stock worth $4,341,000 after buying an additional 15,355 shares during the last quarter. Finally, Pallas Capital Advisors LLC acquired a new position in shares of Fidelity National Financial in the 3rd quarter worth approximately $328,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity 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 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 approximately $803,585.10. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

FNF has been the topic of several research reports. Stephens reissued an "overweight" rating and set a $63.00 price target on shares of Fidelity National Financial in a research report on Thursday, August 15th. Barclays increased their target price on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. StockNews.com downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Fidelity National Financial from $61.00 to $63.00 and gave the stock a "hold" rating in a research note on Wednesday, August 7th. Finally, Keefe, Bruyette & Woods lifted their target price on 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. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $62.40.

Fidelity National Financial Stock Performance

Shares of FNF stock traded down $1.37 during trading hours 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 firm has a market capitalization of $16.08 billion, a PE ratio of 17.55 and a beta of 1.36. The firm has a 50-day simple moving average of $60.21 and a 200-day simple moving average of $54.67. Fidelity National Financial, Inc. has a twelve month low of $40.35 and a twelve month high of $62.97. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.23 and a quick ratio of 0.23.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly 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). The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. Fidelity National Financial had a net margin of 7.19% and a return on equity of 14.48%. Fidelity National Financial's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.01 EPS. As a group, equities analysts forecast that Fidelity National Financial, Inc. will post 4.53 earnings per share 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.