KPP Advisory Services LLC Has $405,000 Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

KPP Advisory Services LLC lessened its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 3.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,947 shares of the financial services provider’s stock after selling 308 shares during the quarter. KPP Advisory Services LLC’s holdings in Fidelity National Financial were worth $405,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FNF. VisionPoint Advisory Group LLC lifted its holdings in Fidelity National Financial by 107.0% in the third 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 period. Atlantic Edge Private Wealth Management LLC acquired a new position in Fidelity National Financial in the fourth quarter valued at $44,000. Orion Capital Management LLC acquired a new position in Fidelity National Financial in the third quarter valued at $51,000. SRS Capital Advisors Inc. lifted its holdings in Fidelity National Financial by 57.9% in the third quarter. SRS Capital Advisors Inc. now owns 1,415 shares of the financial services provider’s stock valued at $58,000 after buying an additional 519 shares during the period. Finally, Neo Ivy Capital Management acquired a new position in Fidelity National Financial in the third quarter valued at $63,000. Institutional investors and hedge funds own 81.17% of the company’s stock.

Fidelity National Financial Stock Down 1.0 %

Shares of Fidelity National Financial stock traded down $0.48 on Friday, hitting $49.23. The company had a trading volume of 841,539 shares, compared to its average volume of 871,248. The stock has a market capitalization of $13.45 billion, a price-to-earnings ratio of 16.19 and a beta of 1.35. Fidelity National Financial, Inc. has a 1 year low of $33.61 and a 1 year high of $53.96. The stock has a 50 day moving average of $50.72 and a 200-day moving average of $50.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.21 and a current ratio of 0.21.

Fidelity National Financial (NYSE:FNFGet Free Report) last released its earnings results on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.08). Fidelity National Financial had a net margin of 6.55% and a return on equity of 14.24%. The business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the prior year, the company earned $0.52 earnings per share. The business’s revenue was up 33.3% on a year-over-year basis. As a group, sell-side analysts forecast that Fidelity National Financial, Inc. will post 4.67 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 3.90%. The ex-dividend date is Friday, June 14th. Fidelity National Financial’s dividend payout ratio (DPR) is 63.16%.

Insider Buying and Selling at Fidelity National Financial

In other news, CFO Anthony Park sold 85,000 shares of the firm’s stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $50.82, for a total value of $4,319,700.00. Following the completion of the transaction, the chief financial officer now directly owns 99,049 shares of the company’s stock, valued at $5,033,670.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Halim Dhanidina sold 3,000 shares of the firm’s stock in a transaction 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 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Anthony Park sold 85,000 shares of the stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $50.82, for a total value of $4,319,700.00. Following the completion of the sale, the chief financial officer now owns 99,049 shares in the company, valued at approximately $5,033,670.18. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FNF shares. Truist Financial raised their target price on Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Keefe, Bruyette & Woods decreased their target price on Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating for the company in a research report on Monday, May 13th. Stephens upped their target price on Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, May 10th. Finally, Barclays increased their target price on Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 9th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Fidelity National Financial has an average rating of “Hold” and an average target price of $55.80.

Read Our Latest Report on FNF

Fidelity National Financial Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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