DekaBank Deutsche Girozentrale Has $4.18 Million Stock Position in Fidelity National Financial, Inc. $FNF

DekaBank Deutsche Girozentrale lifted its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 0.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,492 shares of the financial services provider’s stock after acquiring an additional 316 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Fidelity National Financial were worth $4,176,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oppenheimer & Co. Inc. increased its holdings in shares of Fidelity National Financial by 5.8% during the first quarter. Oppenheimer & Co. Inc. now owns 23,189 shares of the financial services provider’s stock worth $1,509,000 after purchasing an additional 1,267 shares during the period. Private Trust Co. NA raised its holdings in Fidelity National Financial by 38.7% in the 1st quarter. Private Trust Co. NA now owns 738 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 206 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in Fidelity National Financial by 4.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 85,118 shares of the financial services provider’s stock valued at $5,540,000 after acquiring an additional 3,510 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in shares of Fidelity National Financial by 3.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 97,207 shares of the financial services provider’s stock valued at $6,326,000 after acquiring an additional 2,807 shares during the period. Finally, Cerity Partners LLC grew its holdings in shares of Fidelity National Financial by 39.0% during the 1st quarter. Cerity Partners LLC now owns 51,647 shares of the financial services provider’s stock worth $3,361,000 after purchasing an additional 14,485 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Analysts Set New Price Targets

Several research 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. Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a research report on Wednesday, October 8th. Finally, Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research report on Monday, October 6th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Fidelity National Financial currently has an average rating of “Moderate Buy” and a consensus target price of $69.83.

Fidelity National Financial Stock Up 0.6%

Shares of NYSE FNF opened at $57.09 on Friday. The company’s 50 day moving average price is $58.71 and its 200-day moving average price is $57.94. 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 52-week low of $50.61 and a 52-week high of $66.72. The company has a market capitalization of $15.51 billion, a P/E ratio of 14.49 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share 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%. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date 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.