California Public Employees Retirement System Has $25.68 Million Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

California Public Employees Retirement System grew its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 503,293 shares of the financial services provider’s stock after buying an additional 699 shares during the quarter. California Public Employees Retirement System owned 0.18% of Fidelity National Financial worth $25,678,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FNF. Baystate Wealth Management LLC boosted its holdings in Fidelity National Financial by 5,300.0% during the third quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 583 shares during the last quarter. VisionPoint Advisory Group LLC boosted its holdings in Fidelity National Financial by 107.0% during the third quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 381 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new position in Fidelity National Financial during the third quarter worth $41,000. Orion Capital Management LLC acquired a new position in Fidelity National Financial during the third quarter worth $51,000. Finally, SRS Capital Advisors Inc. boosted its holdings in Fidelity National Financial by 57.9% during the third quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 519 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insider Buying and Selling

In related news, Director Cary H. Thompson sold 23,410 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 40,317 shares of the company’s stock, valued at $2,060,601.87. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.40% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on FNF shares. Barclays increased their price target on shares of Fidelity National Financial from $52.00 to $56.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 9th. Truist Financial increased their price target on shares of Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Fidelity National Financial in a research note on Wednesday, January 10th. They issued a “hold” rating for the company. Finally, Keefe, Bruyette & Woods increased their price target on shares of Fidelity National Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a research note on Thursday, March 21st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $54.20.

Fidelity National Financial Price Performance

Shares of FNF opened at $50.39 on Friday. The firm has a market capitalization of $13.77 billion, a PE ratio of 26.38 and a beta of 1.34. The company’s 50-day moving average is $50.66 and its 200-day moving average is $47.87. Fidelity National Financial, Inc. has a fifty-two week low of $32.02 and a fifty-two week high of $53.96. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.21 and a quick ratio of 0.21.

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

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date was Thursday, March 14th. Fidelity National Financial’s dividend payout ratio is 100.52%.

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.