Captrust Financial Advisors Has $1.01 Million Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Captrust Financial Advisors lifted its position in Fidelity National Financial, Inc. (NYSE:FNF) by 13.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,975 shares of the financial services provider’s stock after buying an additional 2,124 shares during the quarter. Captrust Financial Advisors’ holdings in Fidelity National Financial were worth $1,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of FNF. Barclays PLC lifted its stake in shares of Fidelity National Financial by 4.4% in the third quarter. Barclays PLC now owns 216,755 shares of the financial services provider’s stock worth $13,451,000 after buying an additional 9,146 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Fidelity National Financial by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,094 shares of the financial services provider’s stock worth $1,557,000 after buying an additional 348 shares during the last quarter. Pallas Capital Advisors LLC lifted its stake in shares of Fidelity National Financial by 8.0% in the fourth quarter. Pallas Capital Advisors LLC now owns 5,836 shares of the financial services provider’s stock worth $328,000 after buying an additional 430 shares during the last quarter. Accurate Wealth Management LLC lifted its stake in shares of Fidelity National Financial by 11.9% in the fourth quarter. Accurate Wealth Management LLC now owns 5,238 shares of the financial services provider’s stock worth $284,000 after buying an additional 556 shares during the last quarter. Finally, Oak Thistle LLC acquired a new stake in shares of Fidelity National Financial in the fourth quarter worth $431,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Stephens boosted their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 target price for the company in a research note on Tuesday, April 8th. StockNews.com cut shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, Barclays upped their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an “equal weight” rating in a research note on Monday, February 24th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $71.60.

Fidelity National Financial Price Performance

NYSE:FNF opened at $57.54 on Friday. The stock has a market cap of $15.80 billion, a P/E ratio of 12.37 and a beta of 1.14. Fidelity National Financial, Inc. has a one year low of $47.79 and a one year high of $66.72. The company has a fifty day moving average price of $62.28 and a 200 day moving average price of $60.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Wednesday, May 7th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.35). The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. Fidelity National Financial’s revenue for the quarter was down 17.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 earnings per share. Analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 16th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend is Monday, June 16th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 49.50%.

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.