Fidelity National Financial, Inc. $FNF Shares Sold by Cwm LLC

Cwm LLC lowered its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 13.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,610 shares of the financial services provider’s stock after selling 3,747 shares during the period. Cwm LLC’s holdings in Fidelity National Financial were worth $1,380,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in Fidelity National Financial by 29.1% in the first quarter. GAMMA Investing LLC now owns 9,629 shares of the financial services provider’s stock valued at $627,000 after acquiring an additional 2,171 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Fidelity National Financial by 29.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,249 shares of the financial services provider’s stock worth $2,750,000 after acquiring an additional 9,616 shares during the last quarter. Advisor Resource Council purchased a new stake in Fidelity National Financial in the 1st quarter valued at approximately $323,000. Kentucky Retirement Systems acquired a new stake in shares of Fidelity National Financial during the first quarter valued at $1,153,000. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in shares of Fidelity National Financial during the 1st quarter worth about $491,000. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Up 1.6%

NYSE FNF opened at $56.12 on Tuesday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a fifty-two week low of $50.61 and a fifty-two week high of $66.72. The business has a 50 day moving average price of $58.99 and a two-hundred day moving average price of $57.97. The stock has a market cap of $15.25 billion, a PE ratio of 14.24 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The business had revenue of $3.17 billion during the quarter. As a group, sell-side analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were paid a $0.50 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. Fidelity National Financial’s payout ratio is 50.76%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FNF. Barclays reaffirmed a “cautious” rating on shares of Fidelity National Financial in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fidelity National Financial in a research note on Wednesday, October 8th. Finally, National Bankshares set a $64.00 target price on shares of Fidelity National Financial in a research report on Monday, October 6th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Fidelity National Financial has a consensus rating of “Moderate Buy” and an average target price of $69.83.

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.