Oak Thistle LLC Acquires Shares of 7,684 Fidelity National Financial, Inc. (NYSE:FNF)

Oak Thistle LLC bought a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,684 shares of the financial services provider's stock, valued at approximately $431,000.

A number of other hedge funds have also recently bought and sold shares of FNF. Swedbank AB lifted its stake in shares of Fidelity National Financial by 25.1% during the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock worth $2,630,000 after purchasing an additional 8,511 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in Fidelity National Financial by 61.0% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 49,707 shares of the financial services provider's stock worth $2,457,000 after buying an additional 18,838 shares during the period. Everence Capital Management Inc. acquired a new stake in Fidelity National Financial in the 4th quarter worth about $621,000. Barclays PLC boosted its stake in Fidelity National Financial by 4.4% in the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock worth $13,451,000 after buying an additional 9,146 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC grew its holdings in Fidelity National Financial by 35.1% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider's stock valued at $3,604,000 after buying an additional 15,100 shares during the period. Institutional investors and hedge funds own 81.17% of the company's stock.

Fidelity National Financial Trading Up 0.8 %

NYSE FNF traded up $0.43 during mid-day trading on Friday, hitting $58.12. The company's stock had a trading volume of 1,207,997 shares, compared to its average volume of 999,854. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $64.83. The stock's fifty day simple moving average is $59.07 and its two-hundred day simple moving average is $57.96. The firm has a market capitalization of $15.91 billion, a P/E ratio of 21.14 and a beta of 1.38.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.11). Fidelity National Financial had a net margin of 5.57% and a return on equity of 13.72%. The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the previous year, the firm posted $1.23 EPS. The business's revenue was up 29.7% compared to the same quarter last year. Research analysts expect that Fidelity National Financial, Inc. will post 4.57 EPS for the current year.

Fidelity National Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a $0.50 dividend. This is an increase from Fidelity National Financial's previous quarterly dividend of $0.48. The ex-dividend date was Tuesday, December 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.44%. Fidelity National Financial's dividend payout ratio is presently 72.73%.

Analyst Upgrades and Downgrades

FNF has been the topic of several recent analyst reports. Barclays increased their price objective 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. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a "hold" rating to a "buy" rating and boosted their price objective for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Finally, Truist Financial upped their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.40.

Insider Activity

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares of the company's stock, valued at $916,872.60. This trade represents a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total transaction of $117,842.36. Following the sale, the director now owns 32,386 shares in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company's stock.

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.