Capital Advisors Wealth Management LLC Raises Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Capital Advisors Wealth Management LLC boosted its holdings in Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 1.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,829 shares of the financial services provider’s stock after acquiring an additional 431 shares during the period. Capital Advisors Wealth Management LLC’s holdings in Fidelity National Financial were worth $2,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. purchased a new stake in shares of Fidelity National Financial in the first quarter valued at $1,010,000. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Fidelity National Financial during the 1st quarter valued at $9,338,000. Park Avenue Securities LLC increased its holdings in shares of Fidelity National Financial by 35.7% during the 1st quarter. Park Avenue Securities LLC now owns 52,905 shares of the financial services provider’s stock worth $2,809,000 after buying an additional 13,919 shares during the last quarter. Mather Group LLC. acquired a new position in Fidelity National Financial in the first quarter valued at $31,000. Finally, GAMMA Investing LLC grew its position in Fidelity National Financial by 10.6% during the first quarter. GAMMA Investing LLC now owns 2,155 shares of the financial services provider’s stock valued at $114,000 after acquiring an additional 207 shares during the period. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of Fidelity National Financial 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 transaction, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CFO Anthony Park sold 85,000 shares of Fidelity National Financial stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of $50.82, for a total transaction of $4,319,700.00. Following the sale, the chief financial officer now owns 99,049 shares of the company’s stock, valued at $5,033,670.18. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Halim Dhanidina sold 3,000 shares of the business’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $50.64, for a total transaction of $151,920.00. Following the sale, the director now owns 14,906 shares in the company, valued at $754,839.84. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on FNF shares. Stephens raised their price objective on Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, May 10th. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating on the stock in a research report on Monday, May 13th. Finally, Barclays boosted their price objective on shares of Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 9th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $55.80.

Read Our Latest Stock Analysis on FNF

Fidelity National Financial Stock Down 1.2 %

Shares of FNF stock traded down $0.59 during mid-day trading on Tuesday, reaching $49.19. 35,950 shares of the company were exchanged, compared to its average volume of 1,358,112. The company has a market capitalization of $13.44 billion, a P/E ratio of 16.37 and a beta of 1.35. The business’s 50 day simple moving average is $50.28 and its 200 day simple moving average is $50.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.21 and a current ratio of 0.21. Fidelity National Financial, Inc. has a fifty-two week low of $33.81 and a fifty-two week high of $53.96.

Fidelity National Financial (NYSE:FNFGet Free Report) last issued its earnings results on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share (EPS) 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 14.24%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter last year, the company posted $0.52 EPS. The business’s revenue for the quarter was up 33.3% compared to the same quarter last year. Research analysts predict that Fidelity National Financial, Inc. will post 4.67 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Friday, June 14th. Fidelity National Financial’s dividend payout ratio is presently 63.16%.

Fidelity National Financial 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.

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

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