Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System trimmed its position in shares of Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 434,927 shares of the financial services provider’s stock after selling 6,133 shares during the quarter. California State Teachers Retirement System owned 0.16% of Fidelity National Financial worth $22,190,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in FNF. Nomura Asset Management Co. Ltd. boosted its position in shares of Fidelity National Financial by 0.3% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 66,445 shares of the financial services provider’s stock worth $3,390,000 after purchasing an additional 196 shares in the last quarter. Global Retirement Partners LLC grew its position in Fidelity National Financial by 7.6% during the fourth quarter. Global Retirement Partners LLC now owns 3,012 shares of the financial services provider’s stock worth $147,000 after buying an additional 212 shares during the period. Hunter Associates Investment Management LLC grew its position in Fidelity National Financial by 0.3% during the fourth quarter. Hunter Associates Investment Management LLC now owns 77,198 shares of the financial services provider’s stock worth $3,940,000 after buying an additional 255 shares during the period. Linden Thomas Advisory Services LLC increased its holdings in Fidelity National Financial by 1.7% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 16,046 shares of the financial services provider’s stock valued at $819,000 after buying an additional 271 shares in the last quarter. Finally, Gilbert & Cook Inc. boosted its stake in shares of Fidelity National Financial by 5.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,118 shares of the financial services provider’s stock worth $312,000 after acquiring an additional 293 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fidelity National Financial

In other news, Director Halim Dhanidina sold 3,000 shares of Fidelity National Financial stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $50.64, for a total transaction of $151,920.00. Following the sale, the director now owns 14,906 shares in the company, valued at $754,839.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Fidelity National Financial news, CFO Anthony Park sold 85,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of $50.82, for a total value of $4,319,700.00. Following the transaction, the chief financial officer now directly owns 99,049 shares of the company’s stock, valued at approximately $5,033,670.18. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Halim Dhanidina sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $50.64, for a total transaction of $151,920.00. Following the sale, the director now directly owns 14,906 shares of the company’s stock, valued at approximately $754,839.84. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

Fidelity National Financial Stock Performance

NYSE:FNF opened at $50.14 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market cap of $13.70 billion, a PE ratio of 16.49 and a beta of 1.35. The firm has a 50 day simple moving average of $50.86 and a 200-day simple moving average of $49.90. Fidelity National Financial, Inc. has a 1-year low of $33.61 and a 1-year high of $53.96.

Fidelity National Financial (NYSE:FNFGet Free Report) last released its earnings results on Wednesday, May 8th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.08). The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $2.72 billion. Fidelity National Financial had a net margin of 6.55% and a return on equity of 14.24%. The business’s revenue for the quarter was up 33.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 earnings per share. On average, equities analysts expect that Fidelity National Financial, Inc. will post 4.73 EPS for the current year.

Fidelity National Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Friday, June 14th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 63.16%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on FNF. Truist Financial boosted their target price on Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Keefe, Bruyette & Woods lowered their price objective on shares of Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating on the stock in a research note on Monday, May 13th. Stephens lifted their target price on shares of Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, May 10th. Finally, Barclays increased 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. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $55.80.

View Our Latest Research Report on FNF

Fidelity National Financial Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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