Kingsview Wealth Management LLC Trims Position in Fidelity National Financial, Inc. (NYSE:FNF)

Kingsview Wealth Management LLC trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,835 shares of the financial services provider’s stock after selling 1,065 shares during the period. Kingsview Wealth Management LLC’s holdings in Fidelity National Financial were worth $608,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Fidelity National Financial by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,025,159 shares of the financial services provider’s stock worth $498,041,000 after purchasing an additional 289,962 shares during the period. Geode Capital Management LLC increased its holdings in Fidelity National Financial by 1.6% during the third quarter. Geode Capital Management LLC now owns 4,462,837 shares of the financial services provider’s stock valued at $276,343,000 after buying an additional 69,643 shares during the last quarter. AustralianSuper Pty Ltd raised its position in Fidelity National Financial by 0.4% in the third quarter. AustralianSuper Pty Ltd now owns 1,833,765 shares of the financial services provider’s stock worth $113,803,000 after acquiring an additional 6,976 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Fidelity National Financial by 3.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,530,424 shares of the financial services provider’s stock worth $94,978,000 after acquiring an additional 57,316 shares during the last quarter. Finally, FMR LLC grew its position in shares of Fidelity National Financial by 11.4% during the 3rd quarter. FMR LLC now owns 872,017 shares of the financial services provider’s stock valued at $54,117,000 after acquiring an additional 89,031 shares during the period. 81.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the business’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total value of $117,842.36. Following the transaction, the director now owns 32,386 shares of the company’s stock, valued at approximately $1,824,303.38. The trade was a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of the company’s stock in a transaction on Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, the director now owns 16,716 shares of the company’s stock, valued at approximately $916,872.60. This represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and raised their target price for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Keefe, Bruyette & Woods decreased their price objective on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 8th. Finally, Truist Financial lifted their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $66.40.

Fidelity National Financial Trading Down 0.9 %

Shares of FNF stock opened at $56.78 on Thursday. The stock has a fifty day simple moving average of $57.73 and a two-hundred day simple moving average of $58.88. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $64.83. The firm has a market capitalization of $15.54 billion, a PE ratio of 20.65 and a beta of 1.39. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

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.