Hudson Value Partners LLC Buys 13,876 Shares of Fidelity National Financial, Inc. $FNF

Hudson Value Partners LLC increased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 15.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 104,306 shares of the financial services provider’s stock after purchasing an additional 13,876 shares during the quarter. Fidelity National Financial accounts for 2.0% of Hudson Value Partners LLC’s holdings, making the stock its 17th biggest holding. Hudson Value Partners LLC’s holdings in Fidelity National Financial were worth $6,309,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of FNF. Rakuten Investment Management Inc. purchased a new position in Fidelity National Financial during the third quarter worth $172,000. Jackson Thornton Wealth Management LLC bought a new stake in shares of Fidelity National Financial in the 3rd quarter worth about $297,000. Americana Partners LLC bought a new stake in shares of Fidelity National Financial in the 3rd quarter worth about $1,085,000. Root Financial Partners LLC purchased a new position in shares of Fidelity National Financial during the 3rd quarter worth about $39,000. Finally, QTR Family Wealth LLC bought a new position in Fidelity National Financial during the 3rd quarter valued at about $212,000. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. National Bankshares set a $63.00 price objective on shares of Fidelity National Financial in a research note on Tuesday, January 6th. Wall Street Zen raised Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Weiss Ratings restated a “buy (b-)” rating on shares of Fidelity National Financial in a report on Monday, December 29th. Stephens began coverage on Fidelity National Financial in a research report on Friday, November 14th. They set an “overweight” rating for the company. Finally, Barclays lowered their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Fidelity National Financial presently has an average rating of “Moderate Buy” and a consensus target price of $68.25.

Fidelity National Financial Price Performance

FNF opened at $54.87 on Friday. The company has a market capitalization of $15.43 billion, a price-to-earnings ratio of 13.23 and a beta of 1.00. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a 12-month low of $50.61 and a 12-month high of $66.72. The business’s fifty day simple moving average is $56.15 and its 200-day simple moving average is $57.13.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings data on Monday, November 10th. The financial services provider reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.20. Fidelity National Financial had a net margin of 8.34% and a return on equity of 15.06%. The company had revenue of $4.03 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same period in the prior year, the firm earned $1.30 earnings per share. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. On average, equities research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was 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 is currently 50.12%.

Insider Buying and Selling

In related news, Director Halim Dhanidina sold 6,000 shares of Fidelity National Financial stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $55.90, for a total transaction of $335,400.00. Following the transaction, the director directly owned 13,186 shares of the company’s stock, valued at $737,097.40. This trade represents a 31.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Daniel D. Lane sold 6,367 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $57.63, for a total transaction of $366,930.21. Following the completion of the transaction, the director directly owned 276,308 shares of the company’s stock, valued at $15,923,630.04. This trade represents a 2.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.50% of the stock is currently owned by company insiders.

Fidelity National Financial Profile

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.