Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by Huntington National Bank

Huntington National Bank grew its position in Fidelity National Financial, Inc. (NYSE:FNF) by 88.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,311 shares of the financial services provider’s stock after acquiring an additional 1,084 shares during the period. Huntington National Bank’s holdings in Fidelity National Financial were worth $130,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Trexquant Investment LP lifted its stake in Fidelity National Financial by 105.9% during the fourth quarter. Trexquant Investment LP now owns 134,140 shares of the financial services provider’s stock worth $7,531,000 after purchasing an additional 68,998 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Fidelity National Financial by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 4,497,471 shares of the financial services provider’s stock worth $252,037,000 after buying an additional 34,634 shares during the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Fidelity National Financial by 20.8% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 17,446 shares of the financial services provider’s stock valued at $979,000 after buying an additional 3,000 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Fidelity National Financial by 421.4% in the 4th quarter. Wellington Management Group LLP now owns 35,223 shares of the financial services provider’s stock valued at $1,977,000 after buying an additional 28,468 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in Fidelity National Financial by 16.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 30,711 shares of the financial services provider’s stock worth $1,724,000 after acquiring an additional 4,286 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fidelity National Financial

In other news, Director Halim Dhanidina sold 2,800 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at $916,872.60. This trade represents a 14.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.20% of the stock is owned by corporate insiders.

Fidelity National Financial Price Performance

Fidelity National Financial stock opened at $60.13 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The business has a 50 day simple moving average of $61.39 and a 200-day simple moving average of $60.23. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $66.72. The stock has a market capitalization of $16.54 billion, a PE ratio of 12.93 and a beta of 1.09.

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

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.50 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.33%. Fidelity National Financial’s payout ratio is currently 43.01%.

Analysts Set New Price Targets

Several analysts have recently weighed in on FNF shares. Barclays boosted their target price on Fidelity National Financial from $61.00 to $67.00 and gave the company an “equal weight” rating in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Stephens lifted their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, February 24th. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a research report on Wednesday, January 8th. Finally, StockNews.com downgraded shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $70.40.

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.