Stratos Wealth Partners LTD. Grows Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Stratos Wealth Partners LTD. boosted its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,147 shares of the financial services provider’s stock after buying an additional 412 shares during the period. Stratos Wealth Partners LTD.’s holdings in Fidelity National Financial were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in shares of Fidelity National Financial by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,025,159 shares of the financial services provider’s stock valued at $498,041,000 after purchasing an additional 289,962 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Fidelity National Financial during the 3rd quarter valued at $11,469,000. CWA Asset Management Group LLC purchased a new position in shares of Fidelity National Financial during the 3rd quarter valued at $11,100,000. Prana Capital Management LP grew its position in shares of Fidelity National Financial by 1,104.7% during the 3rd quarter. Prana Capital Management LP now owns 124,715 shares of the financial services provider’s stock valued at $7,740,000 after purchasing an additional 114,363 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its position in shares of Fidelity National Financial by 136.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 157,438 shares of the financial services provider’s stock valued at $9,752,000 after purchasing an additional 90,968 shares in the last quarter. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FNF has been the subject of a number of recent analyst reports. Truist Financial boosted their price target on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Fidelity National Financial currently has an average rating of “Moderate Buy” and a consensus target price of $66.40.

Fidelity National Financial Stock Performance

NYSE FNF opened at $56.78 on Thursday. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $64.83. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The company has a market capitalization of $15.54 billion, a P/E ratio of 20.65 and a beta of 1.39. The company has a fifty day moving average of $57.73 and a 200-day moving average of $58.88.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the business’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now directly owns 16,716 shares of the company’s stock, valued at $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total transaction of $117,842.36. Following the transaction, the director now directly owns 32,386 shares of the company’s stock, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by 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.