Xponance Inc. Purchases 315 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Xponance Inc. raised its position in Fidelity National Financial, Inc. (NYSE:FNF) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,735 shares of the financial services provider’s stock after buying an additional 315 shares during the quarter. Xponance Inc.’s holdings in Fidelity National Financial were worth $1,619,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Teachers Retirement System of The State of Kentucky acquired a new stake in Fidelity National Financial during the 3rd quarter worth approximately $2,778,000. Lecap Asset Management Ltd. bought a new stake in Fidelity National Financial during the 4th quarter valued at $1,335,000. CENTRAL TRUST Co boosted its holdings in Fidelity National Financial by 30.0% during the 4th quarter. CENTRAL TRUST Co now owns 2,230 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 515 shares during the last quarter. AustralianSuper Pty Ltd boosted its holdings in Fidelity National Financial by 14.0% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,570,956 shares of the financial services provider’s stock worth $80,150,000 after acquiring an additional 193,050 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Fidelity National Financial by 5.0% in the 3rd quarter. FMR LLC now owns 513,836 shares of the financial services provider’s stock worth $21,221,000 after buying an additional 24,469 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the transaction, the director now directly owns 40,317 shares in the company, valued at $2,060,601.87. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.40% of the stock is owned by company insiders.

Fidelity National Financial Trading Up 2.9 %

Shares of FNF opened at $50.85 on Wednesday. The business’s 50-day moving average price is $50.79 and its 200-day moving average price is $47.70. Fidelity National Financial, Inc. has a twelve month low of $32.02 and a twelve month high of $53.96. The stock has a market cap of $13.89 billion, a PE ratio of 26.62 and a beta of 1.34. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.52.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.27). The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $2.80 billion. Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. During the same quarter last year, the company posted $1.06 earnings per share. On average, equities analysts forecast that Fidelity National Financial, Inc. will post 4.81 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Thursday, March 14th. Fidelity National Financial’s dividend payout ratio (DPR) is 100.52%.

Analyst Ratings Changes

FNF has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Fidelity National Financial in a report on Wednesday, January 10th. They issued a “hold” rating on the stock. Truist Financial boosted their price target on shares of Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Keefe, Bruyette & Woods boosted their price target on shares of Fidelity National Financial from $54.00 to $56.00 and gave the stock a “market perform” rating in a report on Thursday, March 21st. Finally, Barclays boosted their price target on shares of Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 9th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $54.20.

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.