D L Carlson Investment Group Inc. Has $4.30 Million Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

D L Carlson Investment Group Inc. trimmed its stake in shares of Fidelity National Financial, Inc. (NYSE:FNFFree Report) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,745 shares of the financial services provider’s stock after selling 6,994 shares during the quarter. D L Carlson Investment Group Inc.’s holdings in Fidelity National Financial were worth $4,301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. First Eagle Investment Management LLC raised its position in shares of Fidelity National Financial by 2.9% during the fourth quarter. First Eagle Investment Management LLC now owns 6,113,602 shares of the financial services provider’s stock worth $311,916,000 after acquiring an additional 171,521 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Fidelity National Financial by 195.2% during the fourth quarter. Victory Capital Management Inc. now owns 4,261,568 shares of the financial services provider’s stock worth $217,425,000 after acquiring an additional 2,818,001 shares during the last quarter. Northern Trust Corp raised its position in shares of Fidelity National Financial by 41.9% during the third 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 during the last quarter. Legal & General Group Plc raised its position in shares of Fidelity National Financial by 6.4% during the third quarter. Legal & General Group Plc now owns 1,930,540 shares of the financial services provider’s stock worth $79,731,000 after acquiring an additional 116,393 shares during the last quarter. Finally, AustralianSuper Pty Ltd raised its position in shares of Fidelity National Financial by 14.0% during the fourth quarter. AustralianSuper Pty Ltd now owns 1,570,956 shares of the financial services provider’s stock worth $80,150,000 after acquiring an additional 193,050 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FNF shares. Barclays lifted 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. Truist Financial lifted their target price on Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Stephens lifted their target price on Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, May 10th. Finally, Keefe, Bruyette & Woods lowered their target price on Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating for the company in a report on Monday, May 13th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fidelity National Financial has a consensus rating of “Hold” and an average target price of $55.80.

Get Our Latest Stock Analysis on FNF

Fidelity National Financial Stock Down 1.7 %

Shares of NYSE:FNF traded down $0.84 during mid-day trading on Friday, hitting $48.17. 421,095 shares of the company traded hands, compared to its average volume of 1,379,124. The stock has a market cap of $13.16 billion, a P/E ratio of 16.12 and a beta of 1.35. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 12-month low of $33.61 and a 12-month high of $53.96. The stock has a 50-day moving average price of $50.44 and a two-hundred day moving average price of $50.04.

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

Fidelity National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.48 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.92 annualized dividend and a yield of 3.99%. Fidelity National Financial’s dividend payout ratio is currently 63.16%.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of the business’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 sale, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of the business’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 sale, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Anthony Park sold 85,000 shares of the business’s stock in a transaction on Tuesday, June 4th. The shares were 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 $5,033,670.18. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Fidelity National Financial 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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