Orion Portfolio Solutions LLC Buys 4,419 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Orion Portfolio Solutions LLC increased its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 37.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,199 shares of the financial services provider's stock after purchasing an additional 4,419 shares during the quarter. Orion Portfolio Solutions LLC's holdings in Fidelity National Financial were worth $909,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Parkside Financial Bank & Trust raised its holdings in shares of Fidelity National Financial by 50.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after purchasing an additional 209 shares during the period. Kestra Investment Management LLC purchased a new position in Fidelity National Financial in the 4th quarter valued at approximately $37,000. Golden State Wealth Management LLC purchased a new position in Fidelity National Financial in the 4th quarter valued at approximately $52,000. UMB Bank n.a. grew its position in shares of Fidelity National Financial by 68.9% during the 4th quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider's stock valued at $65,000 after purchasing an additional 472 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in shares of Fidelity National Financial by 867.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,287 shares of the financial services provider's stock valued at $80,000 after purchasing an additional 1,154 shares in the last quarter. Institutional investors own 81.17% of the company's stock.

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Fidelity National Financial Trading Down 1.1 %

Shares of NYSE:FNF traded down $0.70 during midday trading on Thursday, hitting $60.43. 301,685 shares of the stock traded hands, compared to its average volume of 1,104,164. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $16.62 billion, a PE ratio of 13.00 and a beta of 1.09. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $66.72. The business's 50 day moving average is $61.47 and its two-hundred day moving average is $60.18.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.11. The company had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same period last year, the firm earned $0.75 earnings per share. As a group, research analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.31%. Fidelity National Financial's payout ratio is 43.01%.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the sale, the director now directly owns 16,716 shares of the company's stock, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.20% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on FNF shares. Barclays boosted 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 for the company in a research report on Tuesday. StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Stephens upped their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, February 24th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and upped their target price for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $71.60.

Fidelity National Financial Company 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.