Farringdon Capital Ltd. Takes Position in Fidelity National Financial, Inc. (NYSE:FNF)

Farringdon Capital Ltd. bought a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,958 shares of the financial services provider’s stock, valued at approximately $615,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parkside Financial Bank & Trust boosted its holdings in shares of Fidelity National Financial by 50.6% during the fourth 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 period. Kestra Investment Management LLC bought a new stake in Fidelity National Financial in the 4th quarter valued at $37,000. Golden State Wealth Management LLC bought a new stake in Fidelity National Financial in the 4th quarter valued at $52,000. UMB Bank n.a. grew its holdings in Fidelity National Financial by 68.9% in the 4th quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider’s stock valued at $65,000 after buying an additional 472 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in Fidelity National Financial by 19.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider’s stock worth $75,000 after buying an additional 223 shares during the period. Institutional investors and hedge funds own 81.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on FNF shares. StockNews.com downgraded shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and raised their target price for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Barclays boosted their price target 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. Stephens raised their price objective on Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, February 24th. Finally, Keefe, Bruyette & Woods upgraded Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 target price for the company in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and an average target price of $71.60.

Fidelity National Financial Stock Down 1.6 %

NYSE FNF opened at $61.43 on Thursday. The business has a fifty day moving average price of $61.79 and a two-hundred day moving average price of $60.20. The stock has a market capitalization of $16.89 billion, a PE ratio of 13.21 and a beta of 1.09. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $66.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24.

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 business had revenue of $3.62 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the company earned $0.75 EPS. Equities analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.26%. The ex-dividend date was Monday, March 17th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 43.01%.

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.