Dynamic Advisor Solutions LLC Sells 439 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Dynamic Advisor Solutions LLC trimmed its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 57,211 shares of the financial services provider’s stock after selling 439 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Fidelity National Financial were worth $3,551,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of FNF. Chesley Taft & Associates LLC raised its position in shares of Fidelity National Financial by 55.9% in the third quarter. Chesley Taft & Associates LLC now owns 16,486 shares of the financial services provider’s stock valued at $1,023,000 after buying an additional 5,911 shares in the last quarter. GAMMA Investing LLC increased its stake in Fidelity National Financial by 132.4% during the 3rd quarter. GAMMA Investing LLC now owns 6,225 shares of the financial services provider’s stock worth $386,000 after acquiring an additional 3,546 shares during the period. Park Avenue Securities LLC raised its holdings in Fidelity National Financial by 1.2% in the 3rd quarter. Park Avenue Securities LLC now owns 40,844 shares of the financial services provider’s stock valued at $2,535,000 after acquiring an additional 472 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Fidelity National Financial by 18.9% during the 3rd quarter. SG Americas Securities LLC now owns 35,253 shares of the financial services provider’s stock valued at $2,188,000 after acquiring an additional 5,611 shares during the period. Finally, Davis Capital Management grew its holdings in shares of Fidelity National Financial by 16.9% during the 3rd quarter. Davis Capital Management now owns 9,819 shares of the financial services provider’s stock worth $609,000 after purchasing an additional 1,421 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Fidelity National Financial Price Performance

Shares of NYSE:FNF opened at $60.16 on Wednesday. Fidelity National Financial, Inc. has a one year low of $37.10 and a one year high of $62.11. 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 market cap of $16.44 billion, a price-to-earnings ratio of 19.79 and a beta of 1.36. The firm has a 50 day simple moving average of $58.34 and a 200 day simple moving average of $53.42.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings results 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). Fidelity National Financial had a net margin of 7.19% and a return on equity of 14.48%. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the previous year, the company posted $1.01 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. Research analysts predict that Fidelity National Financial, Inc. will post 4.53 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend was Monday, September 16th. Fidelity National Financial’s dividend payout ratio is currently 63.16%.

Insider Activity at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the business’s stock in a transaction that occurred 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 directly owns 13,206 shares of the company’s stock, valued at $803,585.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

FNF has been the subject of a number of analyst reports. StockNews.com downgraded Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Keefe, Bruyette & Woods upped their price target 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. 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. Barclays upped their target price on Fidelity National Financial from $56.00 to $59.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Finally, 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 note on Wednesday, August 7th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Fidelity National Financial currently has an average rating of “Hold” and a consensus target price of $62.40.

About Fidelity National Financial

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.