AE Wealth Management LLC lessened its position in shares of Fidelity National Financial, Inc. (NYSE:FNF – Free Report) by 28.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,531 shares of the financial services provider’s stock after selling 69,616 shares during the quarter. AE Wealth Management LLC owned approximately 0.06% of Fidelity National Financial worth $8,477,000 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 the company. V Square Quantitative Management LLC acquired a new position in Fidelity National Financial in the fourth quarter worth about $27,000. Opal Wealth Advisors LLC bought a new position in shares of Fidelity National Financial during the 2nd quarter worth approximately $26,000. New Covenant Trust Company N.A. bought a new stake in Fidelity National Financial in the first quarter valued at $30,000. Covestor Ltd raised its stake in Fidelity National Financial by 109.0% during the first quarter. Covestor Ltd now owns 581 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 303 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Fidelity National Financial by 231.0% during the first quarter. Salomon & Ludwin LLC now owns 609 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 425 shares during the period. 81.17% of the stock is currently owned by institutional investors.
Fidelity National Financial Stock Performance
FNF stock opened at $60.95 on Friday. The stock has a market capitalization of $16.65 billion, a PE ratio of 20.05 and a beta of 1.36. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.23 and a quick ratio of 0.23. The company has a 50 day moving average price of $56.83 and a 200 day moving average price of $52.62. Fidelity National Financial, Inc. has a fifty-two week low of $37.10 and a fifty-two week high of $62.00.
Fidelity National Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Monday, September 16th. Fidelity National Financial’s dividend payout ratio is 63.16%.
Analysts Set New Price Targets
FNF has been the topic of several analyst reports. Stephens reaffirmed an “overweight” rating and issued a $63.00 target price on shares of Fidelity National Financial in a report on Thursday, August 15th. Keefe, Bruyette & Woods raised their price objective on shares of Fidelity National Financial from $58.00 to $63.00 and gave the stock a “market perform” rating in a report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft boosted their target price on Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Truist Financial raised their price target on Fidelity National Financial from $62.00 to $64.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $61.80.
Get Our Latest Stock Report on Fidelity National Financial
Insider Transactions at Fidelity National Financial
In related news, Director Halim Dhanidina sold 1,700 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total value of $103,445.00. Following the transaction, the director now directly owns 13,206 shares in the company, valued at $803,585.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.20% of the stock is owned by corporate insiders.
Fidelity National Financial 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.
Read More
- Five stocks we like better than Fidelity National Financial
- What is a SEC Filing?
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- Are Penny Stocks a Good Fit for Your Portfolio?
- MarketBeat Week in Review – 9/16 – 9/20
- What is the S&P 500 and How It is Distinct from Other Indexes
- Don’t Miss These 3 Retail Stocks for Fall Gains
Want to see what other hedge funds are holding FNF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Financial, Inc. (NYSE:FNF – Free Report).
Receive News & Ratings for Fidelity National Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Financial and related companies with MarketBeat.com's FREE daily email newsletter.