Victory Capital Management Inc. Has $454.35 Million Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Victory Capital Management Inc. lifted its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,093,184 shares of the financial services provider's stock after buying an additional 98,751 shares during the period. Fidelity National Financial comprises 0.4% of Victory Capital Management Inc.'s holdings, making the stock its 28th largest position. Victory Capital Management Inc. owned 2.96% of Fidelity National Financial worth $454,351,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in shares of Fidelity National Financial in the 3rd quarter valued at $32,000. Brooklyn Investment Group bought a new stake in shares of Fidelity National Financial in the 3rd quarter valued at $35,000. Parkside Financial Bank & Trust increased its position in shares of Fidelity National Financial by 50.6% in the 4th 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 bought a new stake in shares of Fidelity National Financial in the 4th quarter valued at $37,000. Finally, True Wealth Design LLC bought a new stake in shares of Fidelity National Financial in the 3rd quarter valued at $41,000. Institutional investors own 81.17% of the company's stock.

Insider Transactions at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of the firm's stock in a transaction dated 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 sale, the director now directly owns 16,716 shares in the company, valued at approximately $916,872.60. This trade represents a 14.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the firm's stock in a transaction dated 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.20% of the company's stock.

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Analysts Set New Price Targets

A number of research firms have issued reports on FNF. Truist Financial increased their target price on Fidelity National Financial from $64.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a "hold" rating to a "buy" rating and increased their target price for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Keefe, Bruyette & Woods lowered 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. Barclays increased their target price on Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a report on Monday, February 24th. Finally, StockNews.com cut Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $70.40.

Fidelity National Financial Stock Down 0.1 %

Shares of Fidelity National Financial stock traded down $0.09 during trading hours on Friday, reaching $62.97. 1,106,866 shares of the company's stock were exchanged, compared to its average volume of 1,087,501. The company has a 50 day moving average of $58.42 and a two-hundred day moving average of $59.50. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $65.65. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a market cap of $17.23 billion, a P/E ratio of 13.54 and a beta of 1.31.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the business posted $0.75 EPS. On average, sell-side analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.18%. Fidelity National Financial's dividend payout ratio is 43.01%.

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.