U.S. Capital Wealth Advisors LLC Acquires New Shares in Fidelity National Financial, Inc. (NYSE:FNF)

U.S. Capital Wealth Advisors LLC bought a new position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,440 shares of the financial services provider's stock, valued at approximately $249,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swedbank AB increased its stake in shares of Fidelity National Financial by 25.1% in the third quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock worth $2,630,000 after acquiring an additional 8,511 shares during the period. Everence Capital Management Inc. acquired a new stake in Fidelity National Financial during the 4th quarter worth about $621,000. Horizon Kinetics Asset Management LLC raised its stake in shares of Fidelity National Financial by 35.1% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider's stock valued at $3,604,000 after buying an additional 15,100 shares during the last quarter. Barclays PLC raised its stake in shares of Fidelity National Financial by 4.4% during the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after buying an additional 9,146 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC lifted its holdings in shares of Fidelity National Financial by 8.0% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 116,894 shares of the financial services provider's stock valued at $7,254,000 after buying an additional 8,618 shares during the period. Hedge funds and other institutional investors own 81.17% of the company's stock.

Insiders Place Their Bets

In related news, Director Sandra Douglass Morgan sold 2,092 shares of the business's 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 sale, the director now directly owns 32,386 shares in the company, valued at approximately $1,824,303.38. The trade was a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction 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 directly 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 company insiders.

Analysts Set New Price Targets

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

Fidelity National Financial Price Performance

Shares of FNF stock traded down $0.27 during trading hours on Monday, hitting $57.75. 854,112 shares of the company's stock were exchanged, compared to its average volume of 886,097. The firm has a 50 day moving average of $57.94 and a two-hundred day moving average of $58.83. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $64.83. The firm has a market cap of $15.80 billion, a P/E ratio of 21.00 and a beta of 1.39. 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 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.