Swiss National Bank Has $41.20 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Swiss National Bank reduced its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 4.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 733,900 shares of the financial services provider's stock after selling 36,500 shares during the period. Swiss National Bank owned about 0.27% of Fidelity National Financial worth $41,201,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group acquired a new position in Fidelity National Financial in the third quarter valued at about $35,000. Parkside Financial Bank & Trust boosted its position in 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 buying an additional 209 shares in the last quarter. 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 acquired a new position in Fidelity National Financial in the third quarter valued at about $41,000. Finally, Larson Financial Group LLC raised its stake in shares of Fidelity National Financial by 141.1% in the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider's stock worth $43,000 after acquiring an additional 402 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Halim Dhanidina sold 2,800 shares of the company's stock in a transaction that occurred on Friday, January 10th. The shares were 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 owns 16,716 shares in the company, valued at $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the company's stock in a transaction that occurred on Tuesday, December 24th. The shares were 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 owns 32,386 shares of the company's stock, valued at $1,824,303.38. This trade represents a 6.07 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company's stock.

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Analyst Upgrades and Downgrades

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

Fidelity National Financial Trading Down 0.2 %

NYSE:FNF traded down $0.14 during trading hours on Thursday, hitting $64.03. The stock had a trading volume of 1,947,030 shares, compared to its average volume of 1,019,986. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $65.65. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The company has a market cap of $17.61 billion, a price-to-earnings ratio of 13.77 and a beta of 1.32. The business's 50 day moving average is $59.57 and its 200-day moving average is $59.80.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Sell-side analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.12%. The ex-dividend date is Monday, March 17th. Fidelity National Financial's payout ratio 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.