1,948 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Bought by GAMMA Investing LLC

GAMMA Investing LLC purchased a new stake in Fidelity National Financial, Inc. (NYSE:FNF) during the 4th quarter, Holdings Channel.com reports. The firm purchased 1,948 shares of the financial services provider’s stock, valued at approximately $97,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Baystate Wealth Management LLC raised its stake in shares of Fidelity National Financial by 5,300.0% in the 3rd quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 583 shares during the period. VisionPoint Advisory Group LLC grew its holdings in shares of Fidelity National Financial by 107.0% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 381 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in Fidelity National Financial during the third quarter worth about $41,000. Orion Capital Management LLC bought a new position in Fidelity National Financial during the third quarter worth about $51,000. Finally, SRS Capital Advisors Inc. grew its holdings in Fidelity National Financial by 57.9% during the third quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 519 shares during the period. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insider Buying and Selling

In related news, Director Cary H. Thompson sold 23,410 shares of the business’s stock in a transaction on Monday, March 4th. The shares were 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 of the company’s stock, valued at $2,060,601.87. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 5.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

Fidelity National Financial Stock Up 1.0 %

Shares of NYSE:FNF opened at $50.39 on Monday. The company has a fifty day moving average of $50.66 and a 200-day moving average of $47.93. The company has a market capitalization of $13.77 billion, a PE ratio of 26.38 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. Fidelity National Financial, Inc. has a 52-week low of $32.02 and a 52-week high of $53.96.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share 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 business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the prior year, the firm earned $1.06 EPS. On average, equities analysts predict that Fidelity National Financial, Inc. will post 4.81 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a $0.48 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.92 annualized dividend and a dividend yield of 3.81%. Fidelity National Financial’s dividend payout ratio is 100.52%.

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.