Mutual of America Capital Management LLC Sells 4,045 Shares of Fidelity National Financial, Inc. $FNF

Mutual of America Capital Management LLC lessened its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 3.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,750 shares of the financial services provider’s stock after selling 4,045 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Fidelity National Financial were worth $7,274,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Gilbert & Cook Inc. boosted its holdings in Fidelity National Financial by 3.0% during the first quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 168 shares during the last quarter. Journey Strategic Wealth LLC increased its position in shares of Fidelity National Financial by 1.2% during the first quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock valued at $943,000 after acquiring an additional 175 shares during the last quarter. Commerce Bank lifted its holdings in Fidelity National Financial by 3.1% during the first quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock worth $389,000 after acquiring an additional 177 shares during the period. Peddock Capital Advisors LLC boosted its position in Fidelity National Financial by 3.2% in the first quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider’s stock worth $369,000 after purchasing an additional 178 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV grew its stake in Fidelity National Financial by 0.6% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock valued at $2,060,000 after purchasing an additional 197 shares during the period. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Stock Performance

NYSE FNF opened at $56.12 on Tuesday. Fidelity National Financial, Inc. has a 1 year low of $50.61 and a 1 year high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. The stock has a market capitalization of $15.25 billion, a PE ratio of 14.24 and a beta of 1.05. The company’s 50 day simple moving average is $58.99 and its two-hundred day simple moving average is $57.97.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter. The business had revenue of $3.17 billion during the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. Analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 annualized dividend and a yield of 3.6%. Fidelity National Financial’s dividend payout ratio is presently 50.76%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a research report on Wednesday, October 8th. National Bankshares set a $64.00 price objective on shares of Fidelity National Financial in a report on Monday, October 6th. Finally, Barclays restated a “cautious” rating on shares of Fidelity National Financial in a report on Monday, October 6th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.83.

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.