138,231 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 138,231 shares of the financial services provider's stock, valued at approximately $7,760,000. Strategic Financial Concepts LLC owned about 0.05% of Fidelity National Financial at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Swedbank AB lifted its position in Fidelity National Financial by 25.1% during the third 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 period. Everence Capital Management Inc. purchased a new stake in shares of Fidelity National Financial during the 4th quarter valued at $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 buying an additional 15,100 shares during the period. GAMMA Investing LLC boosted its holdings in Fidelity National Financial by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock valued at $419,000 after acquiring an additional 1,233 shares during the last quarter. Finally, Barclays PLC grew its position in Fidelity National Financial by 4.4% during the third quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after acquiring an additional 9,146 shares during the period. Hedge funds and other institutional investors own 81.17% of the company's stock.

Insiders Place Their Bets

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the transaction, the director now directly owns 32,386 shares in the company, valued at approximately $1,824,303.38. This represents a 6.07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 owns 16,716 shares of the company's stock, valued at approximately $916,872.60. This trade represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.

Fidelity National Financial Stock Up 0.2 %

Shares of NYSE FNF traded up $0.14 during trading on Wednesday, reaching $58.44. 881,322 shares of the stock were exchanged, compared to its average volume of 894,126. The company has a market capitalization of $15.99 billion, a price-to-earnings ratio of 21.25 and a beta of 1.39. The business's 50-day moving average price is $57.34 and its 200 day moving average price is $58.97. 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.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. 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 research note on Friday, January 3rd. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a research report on Wednesday, January 8th. Finally, Truist Financial increased their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $66.40.

Fidelity National Financial 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.