Legacy Wealth Asset Management LLC Sells 216 Shares of Fidelity National Financial, Inc. $FNF

Legacy Wealth Asset Management LLC lessened its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,549 shares of the financial services provider’s stock after selling 216 shares during the period. Legacy Wealth Asset Management LLC’s holdings in Fidelity National Financial were worth $535,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in Fidelity National Financial by 29.1% during the first quarter. GAMMA Investing LLC now owns 9,629 shares of the financial services provider’s stock worth $627,000 after acquiring an additional 2,171 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Fidelity National Financial by 29.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 42,249 shares of the financial services provider’s stock valued at $2,750,000 after purchasing an additional 9,616 shares during the last quarter. Advisor Resource Council bought a new stake in shares of Fidelity National Financial during the 1st quarter worth $323,000. Kentucky Retirement Systems purchased a new position in shares of Fidelity National Financial in the 1st quarter worth about $1,153,000. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new position in Fidelity National Financial during the first quarter valued at about $491,000. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Price Performance

Shares of NYSE FNF opened at $56.50 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial, Inc. has a fifty-two week low of $50.61 and a fifty-two week high of $66.72. The stock has a market cap of $15.35 billion, a PE ratio of 14.34 and a beta of 1.05. The stock has a fifty day moving average of $58.93 and a 200-day moving average of $57.96.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Thursday, July 13th. The financial services provider reported $0.76 earnings per share (EPS) 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 for the quarter. Equities research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, September 16th. Fidelity National Financial’s dividend payout ratio (DPR) is 50.76%.

Analyst Ratings Changes

Several analysts have commented on the stock. National Bankshares set a $64.00 price objective on shares of Fidelity National Financial in a research report on Monday, October 6th. Barclays restated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Fidelity National Financial in a report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.83.

About Fidelity National Financial

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.