O Shaughnessy Asset Management LLC Increases Position in Fidelity National Financial, Inc. (NYSE:FNF)

O Shaughnessy Asset Management LLC boosted its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 16.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,711 shares of the financial services provider's stock after acquiring an additional 4,286 shares during the period. O Shaughnessy Asset Management LLC's holdings in Fidelity National Financial were worth $1,724,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Life Planning Partners Inc lifted its position in Fidelity National Financial by 5,166.6% during the fourth quarter. Life Planning Partners Inc now owns 187,227 shares of the financial services provider's stock valued at $10,511,000 after acquiring an additional 183,672 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of Fidelity National Financial by 14.8% in the fourth quarter. Schroder Investment Management Group now owns 1,275,360 shares of the financial services provider's stock worth $71,522,000 after buying an additional 164,492 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Fidelity National Financial by 60.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 740,892 shares of the financial services provider's stock worth $41,594,000 after buying an additional 279,283 shares during the last quarter. Allstate Corp purchased a new position in shares of Fidelity National Financial in the fourth quarter worth $405,000. Finally, DnB Asset Management AS raised its holdings in shares of Fidelity National Financial by 7.0% in the fourth quarter. DnB Asset Management AS now owns 43,997 shares of the financial services provider's stock worth $2,470,000 after buying an additional 2,860 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

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Analyst Ratings Changes

A number of research analysts have issued reports on FNF shares. Stephens raised their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Barclays raised their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price on the stock in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and lifted their target price for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Price Performance

FNF traded down $1.19 on Thursday, reaching $59.94. 427,991 shares of the company's stock were exchanged, compared to its average volume of 1,104,675. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The stock's fifty day moving average price is $61.47 and its 200-day moving average price is $60.18. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $66.72. The stock has a market cap of $16.48 billion, a PE ratio of 12.92 and a beta of 1.09.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.11. The firm had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same quarter in the previous year, the business posted $0.75 earnings per share. Sell-side analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend was Monday, March 17th. Fidelity National Financial's payout ratio is 43.01%.

Insider Activity

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the company's stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the completion of the transaction, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This represents a 14.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.