UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $94.98 Million Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,530,424 shares of the financial services provider's stock after purchasing an additional 57,316 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.56% of Fidelity National Financial worth $94,978,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. TPG GP A LLC bought a new position in shares of Fidelity National Financial in the second quarter valued at approximately $83,798,000. Victory Capital Management Inc. grew its position in shares of Fidelity National Financial by 8.5% in the second quarter. Victory Capital Management Inc. now owns 8,181,554 shares of the financial services provider's stock valued at $404,332,000 after purchasing an additional 640,829 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Fidelity National Financial by 3.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 8,025,159 shares of the financial services provider's stock valued at $498,041,000 after purchasing an additional 289,962 shares in the last quarter. Cooke & Bieler LP grew its position in Fidelity National Financial by 3.2% during the second quarter. Cooke & Bieler LP now owns 5,937,596 shares of the financial services provider's stock worth $293,436,000 after buying an additional 184,078 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new position in Fidelity National Financial during the third quarter worth about $11,100,000. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Stock Performance

FNF traded down $0.36 on Monday, reaching $63.03. The company had a trading volume of 849,680 shares, compared to its average volume of 1,200,038. Fidelity National Financial, Inc. has a 1 year low of $44.80 and a 1 year high of $64.83. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average price of $60.96 and a 200-day moving average price of $56.27. The stock has a market capitalization of $17.25 billion, a PE ratio of 22.92 and a beta of 1.37.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.11). Fidelity National Financial had a net margin of 5.57% and a return on equity of 13.72%. The business had revenue of $3.60 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same period last year, the company earned $1.23 EPS. The firm's revenue for the quarter was up 29.7% on a year-over-year basis. As a group, research analysts forecast that Fidelity National Financial, Inc. will post 4.5 EPS for the current fiscal year.

Fidelity National Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be given a $0.50 dividend. This is an increase from Fidelity National Financial's previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Tuesday, December 17th. Fidelity National Financial's dividend payout ratio (DPR) is presently 69.82%.

Insider Buying and Selling

In related news, Director Halim Dhanidina sold 1,700 shares of the company's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total transaction of $103,445.00. Following the completion of the transaction, the director now directly owns 13,206 shares in the company, valued at $803,585.10. This represents a 11.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 5.20% of the company's stock.

Wall Street Analysts Forecast Growth

FNF has been the subject of a number of recent research reports. Stephens reissued an "overweight" rating and issued a $63.00 target price on shares of Fidelity National Financial in a research note on Thursday, August 15th. Truist Financial upped their price target on Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft upped their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the company a "hold" rating in a research report on Wednesday, August 7th. Keefe, Bruyette & Woods raised their target price on Fidelity National Financial from $58.00 to $63.00 and gave the stock a "market perform" rating in a report on Wednesday, September 4th. Finally, Barclays boosted their price target on Fidelity National Financial from $56.00 to $59.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $63.60.

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.