Blair William & Co. IL Sells 1,677 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Blair William & Co. IL trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF) by 2.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 80,681 shares of the financial services provider’s stock after selling 1,677 shares during the period. Blair William & Co. IL’s holdings in Fidelity National Financial were worth $4,529,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust boosted its holdings in Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 209 shares during the last quarter. Kestra Investment Management LLC bought a new position in shares of Fidelity National Financial in the 4th quarter valued at about $37,000. True Wealth Design LLC acquired a new stake in shares of Fidelity National Financial during the 3rd quarter worth approximately $41,000. Golden State Wealth Management LLC bought a new stake in shares of Fidelity National Financial during the fourth quarter worth approximately $52,000. Finally, UMB Bank n.a. lifted its holdings in Fidelity National Financial by 68.9% in the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider’s stock valued at $65,000 after buying an additional 472 shares during the period. 81.17% of the stock is owned by institutional investors and hedge funds.

Fidelity National Financial Stock Down 0.2 %

NYSE:FNF opened at $64.77 on Monday. The company has a market cap of $17.81 billion, a PE ratio of 13.93 and a beta of 1.32. The stock has a 50-day simple moving average of $60.76 and a 200 day simple moving average of $60.09. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $66.10.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.11. The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same period last year, the company earned $0.75 earnings per share. On average, sell-side analysts expect 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 will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.09%. Fidelity National Financial’s dividend payout ratio (DPR) is presently 43.01%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on FNF shares. Stephens increased their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a report on Wednesday, January 8th. StockNews.com lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Barclays raised their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Monday, February 24th. Finally, Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and boosted their target price for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $70.40.

Insider Transactions at Fidelity National Financial

In related 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 value of $153,580.00. Following the sale, the director now owns 16,716 shares of the company’s stock, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 5.20% of the company’s stock.

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.