Wealth Enhancement Advisory Services LLC Raises Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 3.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,819 shares of the financial services provider’s stock after purchasing an additional 625 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity National Financial were worth $1,052,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. V Square Quantitative Management LLC acquired a new stake in Fidelity National Financial in the fourth quarter valued at $27,000. VisionPoint Advisory Group LLC lifted its position 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 worth $30,000 after purchasing an additional 381 shares during the last quarter. Mather Group LLC. acquired a new position in Fidelity National Financial in the first quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Fidelity National Financial in the fourth quarter valued at about $44,000. Finally, Orion Capital Management LLC acquired a new stake in Fidelity National Financial during the third quarter valued at approximately $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 news, 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 $754,839.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 completion of the sale, the chief financial officer now directly owns 99,049 shares in the company, valued at $5,033,670.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Halim Dhanidina sold 3,000 shares of Fidelity National Financial stock in a transaction on Friday, April 26th. The shares were sold at an average price of $50.64, for a total value of $151,920.00. Following the transaction, the director now owns 14,906 shares in the company, valued at $754,839.84. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods lowered their price target on Fidelity National Financial from $55.00 to $53.00 and set a “market perform” rating for the company in a report on Tuesday, July 2nd. Barclays boosted their target price on shares of Fidelity National Financial from $52.00 to $56.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 9th. Finally, Stephens increased their target price on shares of Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, May 10th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $55.40.

View Our Latest Stock Analysis on Fidelity National Financial

Fidelity National Financial Stock Performance

FNF stock opened at $48.10 on Monday. The stock’s fifty day moving average is $50.23 and its two-hundred day moving average is $50.34. The stock has a market capitalization of $13.14 billion, a price-to-earnings ratio of 15.82 and a beta of 1.35. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.21 and a current ratio of 0.21. Fidelity National Financial, Inc. has a 1 year low of $34.96 and a 1 year high of $53.96.

Fidelity National Financial (NYSE:FNFGet Free Report) last posted its earnings results on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.08). Fidelity National Financial had a net margin of 6.55% and a return on equity of 14.24%. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. The company’s revenue for the quarter was up 33.3% on a year-over-year basis. On average, research analysts predict that Fidelity National Financial, Inc. will post 4.67 EPS for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 3.99%. The ex-dividend date was Friday, June 14th. Fidelity National Financial’s dividend payout ratio is currently 63.16%.

Fidelity National Financial 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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