Tiff Advisory Services LLC Has $2.50 Million Stock Position in Fidelity National Financial, Inc. $FNF

Tiff Advisory Services LLC lessened its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,594 shares of the financial services provider’s stock after selling 3,100 shares during the quarter. Fidelity National Financial comprises 0.6% of Tiff Advisory Services LLC’s investment portfolio, making the stock its 17th biggest holding. Tiff Advisory Services LLC’s holdings in Fidelity National Financial were worth $2,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FNF. Blue Trust Inc. boosted its holdings in Fidelity National Financial by 4,545.5% in the second quarter. Blue Trust Inc. now owns 511 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 500 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its position in shares of 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 purchasing an additional 208 shares during the period. Rise Advisors LLC acquired a new position in shares of Fidelity National Financial during the first quarter worth approximately $32,000. REAP Financial Group LLC lifted its holdings in shares of Fidelity National Financial by 70.0% in the 2nd quarter. REAP Financial Group LLC now owns 697 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 287 shares in the last quarter. Finally, SVB Wealth LLC acquired a new stake in Fidelity National Financial in the 1st quarter valued at $41,000. 81.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FNF shares. Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a report on Wednesday, October 8th. National Bankshares set a $64.00 target price 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 report on Monday, October 6th. Finally, Keefe, Bruyette & Woods lifted their price target on Fidelity National Financial from $69.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Fidelity National Financial currently has a consensus rating of “Moderate Buy” and an average price target of $70.00.

Fidelity National Financial Stock Performance

NYSE FNF opened at $58.51 on Friday. The company has a fifty day moving average price of $57.74 and a 200-day moving average price of $57.44. The firm has a market cap of $15.90 billion, a price-to-earnings ratio of 14.85 and a beta of 1.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial, Inc. has a 1 year low of $50.61 and a 1 year high of $66.72.

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

Fidelity National Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Wednesday, December 17th. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.50. Fidelity National Financial’s dividend payout ratio (DPR) is presently 48.37%.

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.