Crossmark Global Holdings Inc. Buys 1,163 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Crossmark Global Holdings Inc. boosted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,547 shares of the financial services provider’s stock after buying an additional 1,163 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Fidelity National Financial were worth $896,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. VisionPoint Advisory Group LLC raised its stake in shares of Fidelity National Financial by 107.0% during the third 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. Atlantic Edge Private Wealth Management LLC bought a new stake in Fidelity National Financial during the 4th quarter valued at $44,000. Orion Capital Management LLC bought a new stake in Fidelity National Financial during the 3rd quarter valued at $51,000. SRS Capital Advisors Inc. lifted its holdings in shares of Fidelity National Financial by 57.9% in the 3rd quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock worth $58,000 after buying an additional 519 shares during the period. Finally, Neo Ivy Capital Management bought a new position in shares of Fidelity National Financial during the 3rd quarter worth $63,000. 81.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FNF. Barclays upped their price objective on shares of Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 9th. Keefe, Bruyette & Woods dropped 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. Truist Financial boosted their price objective on shares of Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. Finally, Stephens lifted their price target on Fidelity National Financial from $59.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, May 10th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Financial has a consensus rating of “Hold” and a consensus target price of $55.80.

Read Our Latest Research Report on FNF

Fidelity National Financial Stock Performance

Shares of FNF opened at $48.95 on Tuesday. The stock has a fifty day moving average price of $50.64 and a 200-day moving average price of $50.03. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 12 month low of $33.61 and a 12 month high of $53.96. The firm has a market cap of $13.38 billion, a PE ratio of 16.10 and a beta of 1.35.

Fidelity National Financial (NYSE:FNFGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.08). The company had revenue of $3.30 billion for 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 was up 33.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.52 EPS. Equities research analysts predict that Fidelity National Financial, Inc. will post 4.67 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.48 per share. The ex-dividend date is Friday, June 14th. This represents a $1.92 annualized dividend and a dividend yield of 3.92%. Fidelity National Financial’s payout ratio is currently 63.16%.

Insider Activity

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

About Fidelity National Financial

(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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