Fidelity National Financial, Inc. (NYSE:FNF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Fidelity National Financial, Inc. (NYSE:FNF) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $66.40.

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Truist Financial upped their target price on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 8th.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, the director now directly owns 16,716 shares of the company’s stock, valued at approximately $916,872.60. This trade represents a 14.35 % decrease in their position. The sale 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 firm’s stock in a transaction on Tuesday, December 24th. The stock was 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 in the company, valued at $1,824,303.38. The trade was a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Institutional Trading of Fidelity National Financial

Hedge funds have recently made changes to their positions in the company. Swedbank AB raised its position in Fidelity National Financial by 25.1% during the third quarter. Swedbank AB now owns 42,375 shares of the financial services provider’s stock worth $2,630,000 after acquiring an additional 8,511 shares during the last quarter. Everence Capital Management Inc. purchased a new stake in Fidelity National Financial in the fourth quarter valued at approximately $621,000. Horizon Kinetics Asset Management LLC lifted its position in Fidelity National Financial by 35.1% during the third quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider’s stock valued at $3,604,000 after buying an additional 15,100 shares in the last quarter. Barclays PLC lifted its position in Fidelity National Financial by 4.4% during the third quarter. Barclays PLC now owns 216,755 shares of the financial services provider’s stock valued at $13,451,000 after buying an additional 9,146 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Fidelity National Financial by 19.8% during the fourth quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 1,233 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Fidelity National Financial Price Performance

Fidelity National Financial stock opened at $57.91 on Monday. The company’s 50 day simple moving average is $57.45 and its 200-day simple moving average is $58.91. The company has a market capitalization of $15.85 billion, a price-to-earnings ratio of 21.06 and a beta of 1.39. Fidelity National Financial has a 1 year low of $46.85 and a 1 year 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.

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.