4,287 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. bought a new stake in Fidelity National Financial, Inc. (NYSE:FNF) in the fourth quarter, HoldingsChannel reports. The fund bought 4,287 shares of the financial services provider’s stock, valued at approximately $219,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FNF. Baystate Wealth Management LLC grew its stake in Fidelity National Financial by 5,300.0% in the third quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 583 shares during the period. Salem Investment Counselors Inc. acquired a new position in Fidelity National Financial in the second quarter valued at about $26,000. VisionPoint Advisory Group LLC lifted its holdings in shares of Fidelity National Financial by 107.0% in the third quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 381 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new stake in shares of Fidelity National Financial in the third quarter valued at about $41,000. Finally, Orion Capital Management LLC bought a new stake in shares of Fidelity National Financial in the third quarter valued at about $51,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $51.11, for a total value of $1,196,485.10. Following the sale, the director now owns 40,317 shares in the company, valued at $2,060,601.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 5.40% of the company’s stock.

Fidelity National Financial Stock Performance

FNF opened at $47.10 on Wednesday. Fidelity National Financial, Inc. has a 52-week low of $32.02 and a 52-week high of $53.96. The firm has a market capitalization of $12.87 billion, a PE ratio of 24.66 and a beta of 1.34. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.21 and a current ratio of 0.21. The business’s 50-day simple moving average is $51.02 and its 200 day simple moving average is $47.36.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.27). Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the company posted $1.06 EPS. As a group, sell-side analysts expect that Fidelity National Financial, Inc. will post 4.81 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.48 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.92 annualized dividend and a yield of 4.08%. Fidelity National Financial’s dividend payout ratio is 100.52%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FNF. Deutsche Bank Aktiengesellschaft began coverage on Fidelity National Financial in a report on Wednesday, January 10th. They issued a “hold” rating on the stock. Barclays boosted their price target on Fidelity National Financial from $52.00 to $56.00 and gave the company an “equal weight” rating in a report on Tuesday, April 9th. Keefe, Bruyette & Woods boosted their price target on Fidelity National Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a report on Thursday, March 21st. Finally, Truist Financial boosted their price target on Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $54.20.

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.