Natixis Advisors L.P. Buys 22,060 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Natixis Advisors L.P. lifted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 292,310 shares of the financial services provider’s stock after acquiring an additional 22,060 shares during the period. Natixis Advisors L.P.’s holdings in Fidelity National Financial were worth $14,913,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baystate Wealth Management LLC increased its holdings in Fidelity National Financial by 5,300.0% during the 3rd 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 in the last quarter. VisionPoint Advisory Group LLC raised its position in Fidelity National Financial by 107.0% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock valued at $30,000 after buying an additional 381 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new stake in Fidelity National Financial in the 3rd quarter valued at approximately $41,000. Orion Capital Management LLC bought a new stake in Fidelity National Financial in the 3rd quarter valued at approximately $51,000. Finally, SRS Capital Advisors Inc. boosted its position in Fidelity National Financial by 57.9% during the 3rd quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 519 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on FNF shares. Keefe, Bruyette & Woods lifted their price objective on shares of Fidelity National Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a report on Thursday, March 21st. Truist Financial lifted 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 began coverage on shares of Fidelity National Financial in a research note on Wednesday, January 10th. They set a “hold” rating for the company. Finally, Barclays lifted their target price on Fidelity National Financial from $52.00 to $56.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 9th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $54.20.

Insider Activity at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of Fidelity National Financial stock in a transaction on Friday, April 26th. The shares were sold at an average price of $50.64, for a total transaction of $151,920.00. Following the completion of the transaction, the director now directly owns 14,906 shares of the company’s stock, valued at $754,839.84. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Halim Dhanidina sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $50.64, for a total value of $151,920.00. Following the transaction, the director now owns 14,906 shares of the company’s stock, valued at $754,839.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Cary H. Thompson sold 23,410 shares of Fidelity National Financial stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $51.11, for a total value of $1,196,485.10. Following the sale, the director now directly owns 40,317 shares of the company’s stock, valued at $2,060,601.87. The disclosure for this sale can be found here. 5.40% of the stock is owned by company insiders.

Fidelity National Financial Stock Up 0.9 %

Fidelity National Financial stock opened at $51.98 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.21 and a quick ratio of 0.21. The company’s 50-day moving average is $50.62 and its 200-day moving average is $48.41. The firm has a market capitalization of $14.20 billion, a PE ratio of 27.21 and a beta of 1.33. Fidelity National Financial, Inc. has a fifty-two week low of $33.61 and a fifty-two week high of $53.96.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.27). The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $2.80 billion. Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. During the same quarter in the previous year, the business posted $1.06 EPS. Sell-side analysts anticipate that Fidelity National Financial, Inc. will post 4.83 earnings per share 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 paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date was Thursday, March 14th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 100.52%.

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.