Fidelity National Financial, Inc. (NYSE:FNF) Stock Holdings Boosted by Xponance Inc.

Xponance Inc. raised its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,735 shares of the financial services provider’s stock after purchasing an additional 315 shares during the quarter. Xponance Inc.’s holdings in Fidelity National Financial were worth $1,619,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its stake in Fidelity National Financial by 7.7% during the 3rd quarter. Principal Financial Group Inc. now owns 6,686,401 shares of the financial services provider’s stock valued at $276,143,000 after purchasing an additional 477,493 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Fidelity National Financial by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,020,265 shares of the financial services provider’s stock valued at $248,637,000 after purchasing an additional 86,446 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in Fidelity National Financial by 34.8% during the 3rd quarter. First Eagle Investment Management LLC now owns 5,942,081 shares of the financial services provider’s stock valued at $245,408,000 after purchasing an additional 1,535,401 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Fidelity National Financial by 62.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,061,024 shares of the financial services provider’s stock worth $126,420,000 after acquiring an additional 1,179,506 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Fidelity National Financial by 41.9% during the 3rd quarter. Northern Trust Corp now owns 2,364,867 shares of the financial services provider’s stock worth $97,669,000 after acquiring an additional 698,322 shares in the last quarter. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Trading Up 2.9 %

Shares of NYSE:FNF opened at $50.85 on Wednesday. The company has a market cap of $13.89 billion, a P/E ratio of 26.62 and a beta of 1.34. The stock’s 50-day moving average is $50.79 and its 200-day moving average is $47.70. Fidelity National Financial, Inc. has a 52-week low of $32.02 and a 52-week high of $53.96. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.21 and a current ratio of 0.21.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.27). The business had revenue of $3.43 billion during the quarter, compared to analyst estimates of $2.80 billion. Fidelity National Financial had a net margin of 4.40% and a return on equity of 13.91%. During the same period in the prior year, the business posted $1.06 earnings per share. Equities research analysts predict that Fidelity National Financial, Inc. will post 4.81 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $0.48 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.78%. Fidelity National Financial’s dividend payout ratio is currently 100.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Barclays raised their price objective on Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Fidelity National Financial in a research report on Wednesday, January 10th. They issued a “hold” rating for the company. Truist Financial raised their target price on Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, Keefe, Bruyette & Woods increased their price objective on Fidelity National Financial from $54.00 to $56.00 and gave the stock a “market perform” rating in a report on Thursday, March 21st. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $54.20.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of Fidelity National Financial stock in a transaction on Monday, March 4th. The shares were sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the sale, the director now owns 40,317 shares in the company, valued at $2,060,601.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.40% of the stock is owned by insiders.

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.