Blair William & Co. IL boosted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF – Free Report) by 0.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,519 shares of the financial services provider’s stock after acquiring an additional 519 shares during the quarter. Blair William & Co. IL’s holdings in Fidelity National Financial were worth $4,458,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FNF. Cary Street Partners Investment Advisory LLC increased its stake in Fidelity National Financial by 80.0% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 208 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in Fidelity National Financial during the first quarter worth $32,000. Rise Advisors LLC acquired a new stake in Fidelity National Financial during the first quarter worth $32,000. Synergy Investment Management LLC acquired a new stake in Fidelity National Financial during the first quarter worth $36,000. Finally, REAP Financial Group LLC increased its stake in Fidelity National Financial by 70.0% during the second quarter. REAP Financial Group LLC now owns 697 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 287 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on FNF shares. Barclays reissued a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Fidelity National Financial in a research note on Wednesday, October 8th. Finally, National Bankshares set a $64.00 price objective on Fidelity National Financial in a research note on Monday, October 6th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $69.83.
Fidelity National Financial Trading Down 0.9%
Shares of NYSE FNF opened at $54.91 on Monday. Fidelity National Financial, Inc. has a twelve month low of $50.61 and a twelve month high of $66.72. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $59.29 and a 200-day simple moving average of $58.34. The stock has a market capitalization of $14.92 billion, a PE ratio of 13.94 and a beta of 1.05.
Fidelity National Financial (NYSE:FNF – Get Free Report) last issued its quarterly earnings data on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%.The business had revenue of $3.17 billion during the quarter. On average, equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.
Fidelity National Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, September 16th. Fidelity National Financial’s payout ratio is presently 50.76%.
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.
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