Quantbot Technologies LP Has $2.38 Million Position in Fidelity National Financial, Inc. (NYSE:FNF)

Quantbot Technologies LP increased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 263.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,309 shares of the financial services provider's stock after acquiring an additional 30,674 shares during the quarter. Quantbot Technologies LP's holdings in Fidelity National Financial were worth $2,375,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brooklyn Investment Group bought a new stake in shares of Fidelity National Financial in the 3rd quarter worth approximately $35,000. Parkside Financial Bank & Trust raised its stake in shares of Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 209 shares in the last quarter. Kestra Investment Management LLC bought a new position in Fidelity National Financial in the fourth quarter worth $37,000. True Wealth Design LLC acquired a new stake in Fidelity National Financial during the third quarter worth $41,000. Finally, Larson Financial Group LLC increased its holdings in Fidelity National Financial by 141.1% in the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider's stock valued at $43,000 after buying an additional 402 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Trading Up 0.4 %

FNF stock traded up $0.29 during trading on Tuesday, hitting $65.17. The company had a trading volume of 879,485 shares, compared to its average volume of 1,032,457. The firm has a 50-day moving average price of $60.12 and a 200-day moving average price of $59.91. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $65.65. 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 cap of $17.92 billion, a price-to-earnings ratio of 14.03 and a beta of 1.32.

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Fidelity National Financial (NYSE:FNF - Get Free Report) last released its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.23 by $0.11. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.75 earnings per share. As a group, analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Monday, March 17th. Fidelity National Financial's dividend payout ratio is presently 43.01%.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction 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 completion of the sale, the director now directly owns 16,716 shares of the company's stock, valued at $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on FNF shares. Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and lifted their price objective for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Stephens increased their target price on Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Barclays boosted their price target on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Finally, StockNews.com lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $70.40.

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.