Fidelity National Financial, Inc. (NYSE:FNF) Holdings Decreased by D L Carlson Investment Group Inc.

D L Carlson Investment Group Inc. reduced its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 29.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,756 shares of the financial services provider’s stock after selling 37,612 shares during the period. D L Carlson Investment Group Inc.’s holdings in Fidelity National Financial were worth $3,135,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Fidelity National Financial by 3.1% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,348 shares of the financial services provider’s stock worth $309,000 after purchasing an additional 250 shares during the period. Lido Advisors LLC increased its stake in Fidelity National Financial by 3.3% during the first quarter. Lido Advisors LLC now owns 7,938 shares of the financial services provider’s stock valued at $387,000 after acquiring an additional 257 shares during the period. Sei Investments Co. raised its holdings in Fidelity National Financial by 1.5% in the 1st quarter. Sei Investments Co. now owns 19,176 shares of the financial services provider’s stock valued at $938,000 after acquiring an additional 287 shares in the last quarter. Alps Advisors Inc. lifted its position in shares of Fidelity National Financial by 3.9% in the 4th quarter. Alps Advisors Inc. now owns 8,083 shares of the financial services provider’s stock worth $304,000 after acquiring an additional 303 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Fidelity National Financial by 8.4% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 4,137 shares of the financial services provider’s stock worth $145,000 after purchasing an additional 319 shares in the last quarter. 77.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FNF has been the subject of several research reports. StockNews.com began coverage on Fidelity National Financial in a research report on Thursday, August 17th. They issued a “hold” rating for the company. Truist Financial raised their price objective on shares of Fidelity National Financial from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, August 10th. TheStreet raised shares of Fidelity National Financial from a “c+” rating to a “b” rating in a research note on Wednesday, August 9th. BTIG Research raised their price target on shares of Fidelity National Financial from $47.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Finally, Stephens reiterated an “overweight” rating and issued a $48.00 price objective on shares of Fidelity National Financial in a research note on Thursday, August 17th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and an average price target of $47.17.

Insider Buying and Selling

In other Fidelity National Financial news, CEO Michael Joseph Nolan sold 30,000 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $43.12, for a total value of $1,293,600.00. Following the completion of the transaction, the chief executive officer now directly owns 354,786 shares of the company’s stock, valued at $15,298,372.32. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 5.40% of the stock is owned by corporate insiders.

Fidelity National Financial Price Performance

NYSE:FNF opened at $42.64 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.55. The firm has a market cap of $11.60 billion, a PE ratio of 22.56 and a beta of 1.33. Fidelity National Financial, Inc. has a 12 month low of $31.84 and a 12 month high of $45.51. The company’s 50-day moving average price is $39.68 and its two-hundred day moving average price is $36.67.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Tuesday, August 8th. The financial services provider reported $1.01 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.03). The business had revenue of $3.07 billion during the quarter, compared to analyst estimates of $2.68 billion. Fidelity National Financial had a return on equity of 15.89% and a net margin of 4.57%. The firm’s revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.90 earnings per share. On average, equities analysts anticipate that Fidelity National Financial, Inc. will post 3.7 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.80 annualized dividend and a yield of 4.22%. Fidelity National Financial’s dividend payout ratio (DPR) is 95.24%.

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.