Steward Partners Investment Advisory LLC Has $412,000 Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Steward Partners Investment Advisory LLC raised its position in Fidelity National Financial, Inc. (NYSE:FNF) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,331 shares of the financial services provider’s stock after acquiring an additional 329 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Fidelity National Financial were worth $412,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Fidelity National Financial during the 3rd quarter worth about $35,000. Parkside Financial Bank & Trust boosted its stake in Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 209 shares during the last quarter. Kestra Investment Management LLC bought a new position in Fidelity National Financial in the fourth quarter valued at approximately $37,000. True Wealth Design LLC acquired a new stake in shares of Fidelity National Financial in the third quarter valued at approximately $41,000. Finally, Larson Financial Group LLC raised its holdings in shares of Fidelity National Financial by 141.1% in the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 402 shares during 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 $63.36 on Friday. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $65.65. The stock has a market cap of $17.42 billion, a PE ratio of 13.62 and a beta of 1.32. The stock’s fifty day simple moving average is $58.91 and its two-hundred day simple moving average is $59.63. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.11. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same quarter last year, the firm posted $0.75 EPS. As a group, analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.50 dividend. The ex-dividend date is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.16%. Fidelity National Financial’s payout ratio is 43.01%.

Insider Buying and Selling

In related news, Director Sandra Douglass Morgan sold 2,092 shares of the company’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the sale, the director now directly owns 32,386 shares of the company’s stock, valued at $1,824,303.38. This represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Halim Dhanidina sold 2,800 shares of the company’s stock in a transaction on Friday, January 10th. The stock was 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 in the company, valued at approximately $916,872.60. The trade was a 14.35 % 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 corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FNF shares. Keefe, Bruyette & Woods lowered 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 report on Wednesday, January 8th. Stephens increased their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, February 24th. Barclays upped their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the company an “equal weight” rating in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and increased their target price for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.40.

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.