Fidelity National Financial, Inc. (NYSE:FNF) Director Halim Dhanidina Sells 3,000 Shares of Stock

Fidelity National Financial, Inc. (NYSE:FNF) Director Halim Dhanidina sold 3,000 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $50.64, for a total value of $151,920.00. Following the completion of the sale, the director now directly owns 14,906 shares of the company’s stock, valued at $754,839.84. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Fidelity National Financial Trading Up 0.3 %

NYSE:FNF opened at $50.56 on Tuesday. The firm has a 50-day moving average price of $50.63 and a two-hundred day moving average price of $48.01. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.21 and a current ratio of 0.21. Fidelity National Financial, Inc. has a 52 week low of $32.02 and a 52 week high of $53.96. The firm has a market cap of $13.81 billion, a price-to-earnings ratio of 26.47 and a beta of 1.34.

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

Fidelity National Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.92 annualized dividend and a dividend yield of 3.80%. Fidelity National Financial’s payout ratio is currently 100.52%.

Institutional Investors Weigh In On Fidelity National Financial

Several large investors have recently modified their holdings of FNF. Baystate Wealth Management LLC increased its stake in shares of Fidelity National Financial by 5,300.0% during the 3rd quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 583 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $27,000. VisionPoint Advisory Group LLC grew its stake in Fidelity National Financial by 107.0% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider’s stock valued at $30,000 after buying an additional 381 shares in the last quarter. Mather Group LLC. purchased a new position in Fidelity National Financial in the 1st quarter valued at approximately $31,000. Finally, MCF Advisors LLC grew its stake in Fidelity National Financial by 116.0% in the 1st quarter. MCF Advisors LLC now owns 674 shares of the financial services provider’s stock valued at $36,000 after buying an additional 362 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on FNF shares. Barclays upped their target price on shares of Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 9th. Keefe, Bruyette & Woods increased their price objective on shares of Fidelity National Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a research note on Thursday, March 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Fidelity National Financial in a research note on Wednesday, January 10th. They issued a “hold” rating for the company. Finally, Truist Financial increased their price objective on shares of Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $54.20.

About Fidelity National Financial

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.