Pacer Advisors Inc. Acquires 11,982 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Pacer Advisors Inc. raised its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 31.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,927 shares of the financial services provider's stock after acquiring an additional 11,982 shares during the period. Pacer Advisors Inc.'s holdings in Fidelity National Financial were worth $2,803,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Blue Trust Inc. grew its holdings in shares of Fidelity National Financial by 33.7% in the fourth quarter. Blue Trust Inc. now owns 1,739 shares of the financial services provider's stock valued at $108,000 after acquiring an additional 438 shares in the last quarter. Crescent Grove Advisors LLC boosted its position in Fidelity National Financial by 10.8% in the fourth quarter. Crescent Grove Advisors LLC now owns 304,018 shares of the financial services provider's stock worth $17,068,000 after purchasing an additional 29,513 shares during the last quarter. Cyndeo Wealth Partners LLC grew its stake in Fidelity National Financial by 4.0% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 121,518 shares of the financial services provider's stock valued at $6,822,000 after purchasing an additional 4,624 shares during the period. Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity National Financial during the 4th quarter valued at $183,000. Finally, CX Institutional raised its stake in shares of Fidelity National Financial by 1.5% during the 4th quarter. CX Institutional now owns 24,527 shares of the financial services provider's stock worth $1,377,000 after purchasing an additional 352 shares during the period. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Stock Performance

Shares of NYSE FNF traded down $0.00 during midday trading on Tuesday, hitting $57.64. The company's stock had a trading volume of 671,075 shares, compared to its average volume of 905,990. The firm has a market capitalization of $15.77 billion, a price-to-earnings ratio of 20.96 and a beta of 1.39. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a fifty day moving average price of $58.37 and a 200 day moving average price of $58.71. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $64.83.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $3.32 billion. During the same period in the previous year, the firm earned $1.23 EPS. The company's revenue was up 29.7% compared to the same quarter last year. On average, research analysts forecast that Fidelity National Financial, Inc. will post 4.57 EPS for the current fiscal year.

Fidelity National Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were issued a dividend of $0.50 per share. This is a boost from Fidelity National Financial's previous quarterly dividend of $0.48. The ex-dividend date was Tuesday, December 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.47%. Fidelity National Financial's dividend payout ratio is 72.73%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Barclays increased their price target on shares of Fidelity National Financial from $56.00 to $59.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th. Keefe, Bruyette & Woods reduced their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and raised their price target for the stock 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 company a "buy" rating in a research note on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Fidelity National Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.40.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Sandra Douglass Morgan sold 2,092 shares of the company's stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the transaction, the director now directly owns 32,386 shares in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of the firm's stock in a transaction dated 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 directly owns 16,716 shares in the company, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

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.