Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,054,319 shares of the financial services provider's stock after purchasing an additional 150,493 shares during the quarter. Vanguard Group Inc. owned approximately 9.89% of Fidelity National Financial worth $1,518,829,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in Fidelity National Financial during the 3rd quarter valued at about $35,000. Parkside Financial Bank & Trust boosted its holdings in Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after buying an additional 209 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of Fidelity National Financial in the 4th quarter valued at about $37,000. True Wealth Design LLC acquired a new position in shares of Fidelity National Financial during the 3rd quarter worth approximately $41,000. Finally, Larson Financial Group LLC lifted its holdings in Fidelity National Financial by 141.1% during the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 402 shares in the last quarter. Institutional investors own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FNF. Stephens lifted 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. StockNews.com lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Barclays lifted their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and boosted their price target for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Finally, Keefe, Bruyette & Woods decreased their target price on 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 assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $70.40.

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Fidelity National Financial Stock Up 1.4 %

Shares of FNF traded up $0.90 during midday trading on Tuesday, reaching $65.98. The stock had a trading volume of 1,652,548 shares, compared to its average volume of 1,090,141. The company has a market cap of $18.14 billion, a price-to-earnings ratio of 14.19 and a beta of 1.32. The company's fifty day simple moving average is $61.04 and its two-hundred day simple moving average is $60.17. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $66.50. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly 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. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same period in the prior year, the firm posted $0.75 earnings per share. Equities research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date was Monday, March 17th. Fidelity National Financial's payout ratio is currently 43.01%.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the business's 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 transaction, the director now directly owns 16,716 shares of the company's stock, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 5.20% of the company's stock.

About Fidelity National Financial

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.