Schroder Investment Management Group Acquires 164,492 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Schroder Investment Management Group lifted its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 14.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,275,360 shares of the financial services provider's stock after acquiring an additional 164,492 shares during the period. Schroder Investment Management Group owned approximately 0.47% of Fidelity National Financial worth $71,522,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of FNF. Parkside Financial Bank & Trust lifted its position in shares of Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 209 shares during the period. Kestra Investment Management LLC acquired a new position in Fidelity National Financial in the fourth quarter valued at about $37,000. True Wealth Design LLC bought a new stake in Fidelity National Financial during the third quarter worth about $41,000. Golden State Wealth Management LLC bought a new stake in Fidelity National Financial during the fourth quarter worth about $52,000. Finally, UMB Bank n.a. grew its stake in Fidelity National Financial by 68.9% during the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider's stock worth $65,000 after buying an additional 472 shares in the last quarter. 81.17% of the stock is owned by institutional investors.

Insider Transactions 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 dated Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.20% of the stock is owned by company insiders.

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Analyst Upgrades and Downgrades

FNF has been the subject of a number of recent analyst reports. 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 for the company in a report on Wednesday, January 8th. Stephens upped their target price on Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, February 24th. Barclays raised their target price on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. StockNews.com cut Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a "hold" rating to a "buy" rating and raised their price objective for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $70.40.

Fidelity National Financial Price Performance

FNF stock traded down $4.10 during midday trading on Friday, reaching $60.13. 1,959,301 shares of the stock were exchanged, compared to its average volume of 1,094,602. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $66.72. The company has a fifty day moving average price of $61.39 and a 200 day moving average price of $60.23. 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 has a market capitalization of $16.54 billion, a PE ratio of 12.93 and a beta of 1.09.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share 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 in the previous year, the business posted $0.75 earnings per share. As a group, analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.33%. Fidelity National Financial's dividend payout ratio (DPR) is presently 43.01%.

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.