Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. raised its position in Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,399 shares of the financial services provider’s stock after acquiring an additional 4,842 shares during the quarter. QRG Capital Management Inc.’s holdings in Fidelity National Financial were worth $4,918,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FNF. VisionPoint Advisory Group LLC grew its position in Fidelity National Financial by 107.0% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 381 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new position in shares of Fidelity National Financial in the 3rd quarter valued at about $41,000. Orion Capital Management LLC purchased a new position in shares of Fidelity National Financial in the 3rd quarter valued at about $51,000. SRS Capital Advisors Inc. boosted its stake in shares of Fidelity National Financial by 57.9% in the 3rd quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock valued at $58,000 after buying an additional 519 shares during the period. Finally, Neo Ivy Capital Management purchased a new position in shares of Fidelity National Financial in the 3rd quarter valued at about $63,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Truist Financial lifted their price objective on Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Stephens lifted their price objective on Fidelity National Financial from $59.00 to $60.00 and gave the company an “overweight” rating in a research note on Friday. Keefe, Bruyette & Woods decreased their price objective on Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating for the company in a research note on Monday. Finally, Barclays lifted their price objective on Fidelity National Financial from $52.00 to $56.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 9th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $55.80.

View Our Latest Stock Report on Fidelity National Financial

Fidelity National Financial Stock Down 0.1 %

FNF stock traded down $0.04 during trading on Monday, hitting $51.49. 439,339 shares of the company’s stock were exchanged, compared to its average volume of 1,508,274. The business has a 50-day moving average price of $50.77 and a two-hundred day moving average price of $48.74. The stock has a market capitalization of $14.07 billion, a price-to-earnings ratio of 16.95 and a beta of 1.33. Fidelity National Financial, Inc. has a 52-week low of $33.61 and a 52-week high of $53.96. The company has a current ratio of 34.88, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55.

Fidelity National Financial (NYSE:FNFGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.08). Fidelity National Financial had a net margin of 6.55% and a return on equity of 14.61%. The firm had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter in the prior year, the firm posted $0.52 EPS. Fidelity National Financial’s quarterly revenue was up 33.3% compared to the same quarter last year. As a group, equities research analysts expect that Fidelity National Financial, Inc. will post 4.73 EPS for the current year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date is Friday, June 14th. Fidelity National Financial’s dividend payout ratio is currently 63.16%.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $50.64, for a total value of $151,920.00. Following the completion of the sale, the director now owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Cary H. Thompson sold 23,410 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the completion of the sale, the director now owns 40,317 shares in the company, valued at $2,060,601.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Halim Dhanidina sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $50.64, for a total value of $151,920.00. Following the sale, the director now owns 14,906 shares of the company’s stock, valued at approximately $754,839.84. The disclosure for this sale can be found here. 5.40% of the stock is owned by company insiders.

Fidelity National Financial Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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