Creative Planning Sells 1,653 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Creative Planning decreased its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,352 shares of the financial services provider’s stock after selling 1,653 shares during the quarter. Creative Planning’s holdings in Fidelity National Financial were worth $1,302,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Chesley Taft & Associates LLC boosted its stake in shares of Fidelity National Financial by 1.9% during the second quarter. Chesley Taft & Associates LLC now owns 10,575 shares of the financial services provider’s stock valued at $523,000 after purchasing an additional 200 shares in the last quarter. Intech Investment Management LLC boosted its position in Fidelity National Financial by 1.3% during the 2nd quarter. Intech Investment Management LLC now owns 15,336 shares of the financial services provider’s stock worth $758,000 after buying an additional 202 shares during the period. GAMMA Investing LLC grew its holdings in Fidelity National Financial by 10.6% during the 1st quarter. GAMMA Investing LLC now owns 2,155 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 207 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Fidelity National Financial by 13.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,766 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 213 shares during the period. Finally, Woodward Diversified Capital LLC raised its stake in shares of Fidelity National Financial by 6.4% during the first quarter. Woodward Diversified Capital LLC now owns 4,219 shares of the financial services provider’s stock valued at $224,000 after acquiring an additional 254 shares during the last quarter. Institutional investors own 81.17% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on FNF shares. Truist Financial boosted their price objective on shares of Fidelity National Financial from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Keefe, Bruyette & Woods increased their price target on Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a research note on Wednesday, September 4th. Barclays lifted their price objective on Fidelity National Financial from $56.00 to $59.00 and gave the stock an “equal weight” rating in a research note on Tuesday. StockNews.com downgraded shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target 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. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $62.40.

Insider Transactions at Fidelity National Financial

In related news, Director Halim Dhanidina sold 1,700 shares of Fidelity National Financial 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 completion of the sale, the director now owns 13,206 shares of the company’s stock, valued at approximately $803,585.10. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.20% of the stock is owned by insiders.

Fidelity National Financial Trading Up 0.3 %

NYSE FNF opened at $60.16 on Wednesday. The stock has a market capitalization of $16.44 billion, a P/E ratio of 19.79 and a beta of 1.36. The business has a 50 day simple moving average of $58.34 and a 200 day simple moving average of $53.42. 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 $62.11.

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

Fidelity National Financial Dividend Announcement

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

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.