Hancock Whitney Corp Has $2.25 Million Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Hancock Whitney Corp reduced its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 7.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,533 shares of the financial services provider’s stock after selling 3,768 shares during the period. Hancock Whitney Corp’s holdings in Fidelity National Financial were worth $2,250,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. KBC Group NV raised its holdings in shares of Fidelity National Financial by 845.5% during the 4th quarter. KBC Group NV now owns 631,801 shares of the financial services provider’s stock worth $32,234,000 after buying an additional 564,980 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Fidelity National Financial by 673.6% during the first quarter. BNP Paribas Financial Markets now owns 666,900 shares of the financial services provider’s stock worth $35,412,000 after acquiring an additional 580,694 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in shares of Fidelity National Financial by 7.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 327,206 shares of the financial services provider’s stock worth $17,375,000 after acquiring an additional 23,358 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Fidelity National Financial by 49.0% in the 1st quarter. Advisors Asset Management Inc. now owns 39,644 shares of the financial services provider’s stock valued at $2,105,000 after purchasing an additional 13,039 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Fidelity National Financial during the 1st quarter valued at approximately $1,010,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fidelity National Financial

In related news, Director Halim Dhanidina sold 1,700 shares of the business’s stock in a transaction 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 owns 13,206 shares in the company, valued at $803,585.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. 5.20% of the stock is currently owned by corporate insiders.

Fidelity National Financial Stock Up 0.1 %

Shares of FNF opened at $60.95 on Friday. The stock’s 50-day moving average price is $56.83 and its two-hundred day moving average price is $52.62. Fidelity National Financial, Inc. has a 12 month low of $37.10 and a 12 month high of $62.00. The company has a market capitalization of $16.65 billion, a PE ratio of 20.05 and a beta of 1.36. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.52.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.03). The company had revenue of $3.16 billion during the quarter, compared to analyst estimates 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 period in the prior year, the firm earned $1.01 earnings per share. On average, analysts anticipate that Fidelity National Financial, Inc. will post 4.53 EPS for the current year.

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders 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 dividend 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%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Stephens reissued an “overweight” rating and issued a $63.00 price objective on shares of Fidelity National Financial in a research note on Thursday, August 15th. Truist Financial increased their price target on Fidelity National Financial from $62.00 to $64.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. StockNews.com lowered Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft increased their target price on Fidelity National Financial from $61.00 to $63.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Finally, Keefe, Bruyette & Woods boosted their price target 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 analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $61.80.

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.