Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Phillips Wealth Planners LLC

Phillips Wealth Planners LLC trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF) by 5.3% in the third quarter, HoldingsChannel.com reports. The firm owned 5,693 shares of the financial services provider’s stock after selling 320 shares during the quarter. Phillips Wealth Planners LLC’s holdings in Fidelity National Financial were worth $357,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FNF. ZWJ Investment Counsel Inc. boosted its position in shares of Fidelity National Financial by 1.0% in the third quarter. ZWJ Investment Counsel Inc. now owns 19,740 shares of the financial services provider’s stock worth $1,225,000 after buying an additional 195 shares during the period. Chesley Taft & Associates LLC lifted its stake in Fidelity National Financial by 1.9% in the 2nd quarter. Chesley Taft & Associates LLC now owns 10,575 shares of the financial services provider’s stock worth $523,000 after acquiring an additional 200 shares in the last quarter. Intech Investment Management LLC boosted its position in Fidelity National Financial by 1.3% during the 2nd quarter. Intech Investment Management LLC now owns 15,336 shares of the financial services provider’s stock worth $758,000 after acquiring an additional 202 shares during the period. EverSource Wealth Advisors LLC boosted its position in Fidelity National Financial by 13.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,766 shares of the financial services provider’s stock worth $87,000 after acquiring an additional 213 shares during the period. Finally, QRG Capital Management Inc. increased its holdings in shares of Fidelity National Financial by 0.3% in the 2nd quarter. QRG Capital Management Inc. now owns 99,224 shares of the financial services provider’s stock valued at $4,904,000 after purchasing an additional 300 shares during the period. 81.17% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Halim Dhanidina sold 1,700 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total value of $103,445.00. Following the sale, the director now directly owns 13,206 shares of the company’s stock, valued at approximately $803,585.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

FNF has been the subject of several research reports. Barclays raised their price target on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Keefe, Bruyette & Woods boosted their price target on shares of Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Stephens reaffirmed an “overweight” rating and set a $63.00 price target on shares of Fidelity National Financial in a research note on Thursday, August 15th. Finally, StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Fidelity National Financial presently has a consensus rating of “Hold” and a consensus price target of $62.40.

Fidelity National Financial Stock Down 2.3 %

FNF opened at $58.80 on Friday. The firm has a market cap of $16.08 billion, a P/E ratio of 17.55 and a beta of 1.36. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.23 and a current ratio of 0.23. The business has a 50 day moving average price of $60.21 and a 200 day moving average price of $54.62. Fidelity National Financial, Inc. has a twelve month low of $40.35 and a twelve month high of $62.97.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.03). Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. Fidelity National Financial’s quarterly revenue was up 2.9% compared to the same quarter last year. Research analysts forecast that Fidelity National Financial, Inc. will post 4.53 EPS for the current year.

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.