Rhumbline Advisers Has $42.77 Million Stock Position in Fidelity National Financial, Inc. (NYSE:FNF)

Rhumbline Advisers increased its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 761,883 shares of the financial services provider’s stock after acquiring an additional 3,071 shares during the quarter. Rhumbline Advisers owned about 0.28% of Fidelity National Financial worth $42,772,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. AustralianSuper Pty Ltd raised its holdings in Fidelity National Financial by 0.9% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,849,429 shares of the financial services provider’s stock worth $103,827,000 after buying an additional 15,664 shares during the period. Asset Management One Co. Ltd. grew its stake in Fidelity National Financial by 7.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 94,400 shares of the financial services provider’s stock valued at $5,317,000 after purchasing an additional 6,623 shares in the last quarter. Life Planning Partners Inc increased its holdings in Fidelity National Financial by 5,166.6% during the fourth quarter. Life Planning Partners Inc now owns 187,227 shares of the financial services provider’s stock worth $10,511,000 after buying an additional 183,672 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Fidelity National Financial by 63.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 31,912 shares of the financial services provider’s stock valued at $1,787,000 after purchasing an additional 12,414 shares during the period. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Fidelity National Financial by 0.3% during the 4th quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider’s stock worth $4,053,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 81.17% of the company’s stock.

Fidelity National Financial Stock Performance

NYSE FNF opened at $57.91 on Tuesday. The stock has a fifty day simple moving average of $57.45 and a 200 day simple moving average of $58.93. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $64.83. The company has a market capitalization of $15.85 billion, a price-to-earnings ratio of 21.06 and a beta of 1.39. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47.

Insider Activity at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the completion of the transaction, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the sale, the director now 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 disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

FNF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Keefe, Bruyette & Woods cut their target price on 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. Finally, Truist Financial lifted their price target on Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.40.

Fidelity National Financial Company 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.