Stephens Inc. AR Lowers Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Stephens Inc. AR reduced its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 7.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 167,143 shares of the financial services provider's stock after selling 14,166 shares during the period. Stephens Inc. AR owned about 0.06% of Fidelity National Financial worth $9,383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FNF. Capital Performance Advisors LLP bought a new stake in Fidelity National Financial during the 3rd quarter valued at $32,000. Brooklyn Investment Group bought a new stake in Fidelity National Financial during the 3rd quarter valued at $35,000. True Wealth Design LLC bought a new stake in Fidelity National Financial during the 3rd quarter valued at $41,000. UMB Bank n.a. raised its position in Fidelity National Financial by 280.6% during the 3rd quarter. UMB Bank n.a. now owns 685 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 505 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of 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 acquiring an additional 402 shares during the period. 81.17% of the stock is owned by institutional investors.

Insider Activity

In related 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 completion of 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of the company's stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders own 5.20% of the company's stock.

Wall Street Analysts Forecast Growth

FNF has been the topic of a number of analyst reports. Truist Financial lifted their price target on Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a report on Monday, November 11th. Keefe, Bruyette & Woods cut their price target on Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded 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 report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $66.40.

Fidelity National Financial Stock Performance

Shares of FNF stock traded up $0.83 on Thursday, hitting $57.68. The company had a trading volume of 898,217 shares, compared to its average volume of 894,459. The firm has a market cap of $15.78 billion, a P/E ratio of 20.98 and a beta of 1.39. The company has a 50-day moving average price of $57.62 and a 200-day moving average price of $58.87. 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 twelve month low of $46.85 and a twelve month high of $64.83.

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.