Blair William & Co. IL Sells 1,185 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Blair William & Co. IL reduced its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 1.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 83,220 shares of the financial services provider’s stock after selling 1,185 shares during the period. Blair William & Co. IL’s holdings in Fidelity National Financial were worth $4,113,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in shares of Fidelity National Financial in the 4th quarter worth approximately $27,000. Opal Wealth Advisors LLC purchased a new position in shares of Fidelity National Financial during the 2nd quarter valued at $26,000. New Covenant Trust Company N.A. bought a new position in shares of Fidelity National Financial during the 1st quarter worth $30,000. Covestor Ltd increased its holdings in Fidelity National Financial by 109.0% in the 1st quarter. Covestor Ltd now owns 581 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 303 shares during the last quarter. Finally, Salomon & Ludwin LLC raised its stake in Fidelity National Financial by 231.0% in the 1st 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 owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Stephens reiterated an “overweight” rating and issued a $63.00 price objective on shares of Fidelity National Financial in a research note on Thursday, August 15th. StockNews.com downgraded Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Truist Financial lifted their price target on Fidelity National Financial from $62.00 to $64.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. Finally, Keefe, Bruyette & Woods increased their price objective on Fidelity National Financial from $58.00 to $63.00 and gave the stock a “market perform” rating in a report on Wednesday, September 4th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Financial has an average rating of “Hold” and a consensus price target of $61.80.

Fidelity National Financial Stock Up 0.1 %

FNF opened at $60.95 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.23 and a quick ratio of 0.23. Fidelity National Financial, Inc. has a one year low of $37.10 and a one year high of $62.00. The firm has a market capitalization of $16.65 billion, a P/E ratio of 20.05 and a beta of 1.36. The company has a fifty day moving average price of $56.83 and a 200-day moving average price of $52.62.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.03). The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. Fidelity National Financial’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.01 earnings per share. Equities research analysts expect that Fidelity National Financial, Inc. will post 4.53 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Monday, September 16th. Fidelity National Financial’s dividend payout ratio is currently 63.16%.

Insider Buying and Selling at Fidelity National Financial

In other news, Director Halim Dhanidina sold 1,700 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total transaction of $103,445.00. Following the sale, the director now owns 13,206 shares in the company, valued at approximately $803,585.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 5.20% of the stock is currently owned by company insiders.

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.