Golden State Wealth Management LLC Invests $52,000 in Fidelity National Financial, Inc. (NYSE:FNF)

Golden State Wealth Management LLC acquired a new stake in Fidelity National Financial, Inc. (NYSE:FNF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 934 shares of the financial services provider’s stock, valued at approximately $52,000.

A number of other large investors have also added to or reduced their stakes in FNF. Sumitomo Mitsui Trust Group Inc. increased its position in Fidelity National Financial by 8.7% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 674,446 shares of the financial services provider’s stock valued at $37,863,000 after acquiring an additional 54,223 shares during the period. Strategic Financial Concepts LLC acquired a new stake in Fidelity National Financial in the fourth quarter valued at $7,760,000. Iron Horse Wealth Management LLC increased its holdings in Fidelity National Financial by 8.7% in the fourth quarter. Iron Horse Wealth Management LLC now owns 3,876 shares of the financial services provider’s stock valued at $218,000 after purchasing an additional 311 shares during the period. GHP Investment Advisors Inc. raised its position in Fidelity National Financial by 18.9% during the 4th quarter. GHP Investment Advisors Inc. now owns 49,265 shares of the financial services provider’s stock worth $2,766,000 after purchasing an additional 7,815 shares during the last quarter. Finally, Centennial Wealth Advisory LLC grew its position in shares of Fidelity National Financial by 8.8% in the 4th quarter. Centennial Wealth Advisory LLC now owns 5,944 shares of the financial services provider’s stock valued at $334,000 after buying an additional 481 shares during the last quarter. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Trading Down 0.5 %

Shares of FNF stock opened at $57.75 on Tuesday. The company has a market cap of $15.80 billion, a P/E ratio of 21.00 and a beta of 1.39. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $64.83. The stock has a 50 day simple moving average of $57.94 and a two-hundred day simple moving average of $58.83. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

Insider Transactions at Fidelity National Financial

In related news, Director Sandra Douglass Morgan sold 2,092 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the transaction, the director now directly owns 32,386 shares of the company’s stock, valued at approximately $1,824,303.38. This represents a 6.07 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now directly owns 16,716 shares of the company’s stock, valued at $916,872.60. This trade represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Truist Financial raised their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a research report on Wednesday, January 8th. Three 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.40.

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.