Xponance Inc. Has $2.56 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Xponance Inc. increased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 12.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,626 shares of the financial services provider's stock after buying an additional 5,187 shares during the quarter. Xponance Inc.'s holdings in Fidelity National Financial were worth $2,561,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group acquired a new position in Fidelity National Financial during the 3rd quarter worth about $35,000. Parkside Financial Bank & Trust increased its holdings in shares of 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 purchasing an additional 209 shares in the last quarter. Kestra Investment Management LLC bought a new position in Fidelity National Financial in the 4th quarter worth approximately $37,000. True Wealth Design LLC acquired a new position in Fidelity National Financial during the 3rd quarter worth $41,000. Finally, Larson Financial Group LLC lifted its holdings in Fidelity National Financial by 141.1% during the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider's stock worth $43,000 after buying an additional 402 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Fidelity National Financial Trading Up 0.6 %

FNF traded up $0.41 during midday trading on Tuesday, reaching $65.29. 1,533,681 shares of the company were exchanged, compared to its average volume of 1,032,972. The stock has a market capitalization of $17.95 billion, a P/E ratio of 14.04 and a beta of 1.32. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $65.79. The stock's 50-day simple moving average is $60.32 and its 200 day simple moving average is $59.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

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Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.11. The business 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 quarter last year, the firm earned $0.75 EPS. As a group, analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend is Monday, March 17th. Fidelity National Financial's dividend payout ratio (DPR) is 43.01%.

Insider Activity

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the firm'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 transaction of $153,580.00. Following 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 filing with the SEC, which is accessible through this link. 5.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FNF shares. Deutsche Bank Aktiengesellschaft upgraded 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 report on Friday, January 3rd. Barclays boosted their price objective 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. Keefe, Bruyette & Woods reduced their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating on the stock in a research note on Wednesday, January 8th. Stephens boosted their price target 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. Finally, StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Fidelity National Financial presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.40.

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.