Skandinaviska Enskilda Banken AB publ Buys 73,600 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Skandinaviska Enskilda Banken AB publ increased its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 148.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,033 shares of the financial services provider's stock after buying an additional 73,600 shares during the quarter. Skandinaviska Enskilda Banken AB publ's holdings in Fidelity National Financial were worth $6,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Swedbank AB grew its position in shares of Fidelity National Financial by 25.1% in the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock worth $2,630,000 after buying an additional 8,511 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Fidelity National Financial by 19.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock worth $75,000 after buying an additional 223 shares in the last quarter. Everence Capital Management Inc. bought a new stake in Fidelity National Financial during the 4th quarter valued at approximately $621,000. Horizon Kinetics Asset Management LLC raised its position in shares of 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 worth $3,604,000 after acquiring an additional 15,100 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Fidelity National Financial by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock valued at $419,000 after purchasing an additional 1,233 shares during the period. Hedge funds and other institutional investors own 81.17% of the company's stock.

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Fidelity National Financial Stock Up 0.0 %

Shares of Fidelity National Financial stock traded up $0.02 on Wednesday, reaching $64.16. The company's stock had a trading volume of 1,533,191 shares, compared to its average volume of 1,018,158. The company has a market capitalization of $17.64 billion, a price-to-earnings ratio of 13.80 and a beta of 1.32. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $65.65. The firm's fifty day simple moving average is $59.40 and its two-hundred day simple moving average is $59.77.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued 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 business had revenue of $3.62 billion during the quarter, compared to analyst estimates 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 firm earned $0.75 EPS. Equities analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.12%. Fidelity National Financial's dividend payout ratio (DPR) is 43.01%.

Insider Buying and Selling

In other Fidelity National Financial news, Director Sandra Douglass Morgan sold 2,092 shares of the 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 owns 32,386 shares of the company's stock, valued at approximately $1,824,303.38. This represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of the business'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 sale, the director now owns 16,716 shares of the company's stock, valued at approximately $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FNF shares. Keefe, Bruyette & Woods decreased their price objective on 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 shares of Fidelity National Financial from a "hold" rating to a "buy" rating and lifted their price target for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Stephens upped their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Barclays lifted their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Finally, StockNews.com lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $70.40.

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.