Linden Thomas Advisory Services LLC Has $877,000 Position in Fidelity National Financial, Inc. $FNF

Linden Thomas Advisory Services LLC cut its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,640 shares of the financial services provider’s stock after selling 182 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Fidelity National Financial were worth $877,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FNF. Blue Trust Inc. grew its holdings in Fidelity National Financial by 4,545.5% in the 2nd quarter. Blue Trust Inc. now owns 511 shares of the financial services provider’s stock valued at $29,000 after buying an additional 500 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of Fidelity National Financial by 80.0% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 208 shares in the last quarter. Rise Advisors LLC acquired a new position in shares of Fidelity National Financial in the first quarter valued at about $32,000. Synergy Investment Management LLC acquired a new position in shares of Fidelity National Financial in the first quarter valued at about $36,000. Finally, REAP Financial Group LLC grew its stake in shares of Fidelity National Financial by 70.0% in the second quarter. REAP Financial Group LLC now owns 697 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 287 shares in the last quarter. 81.17% of the stock is owned by institutional investors and hedge funds.

Fidelity National Financial Stock Performance

FNF opened at $57.09 on Monday. Fidelity National Financial, Inc. has a 52-week low of $50.61 and a 52-week high of $66.72. The firm has a market cap of $15.51 billion, a P/E ratio of 14.49 and a beta of 1.05. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.24 and a current ratio of 0.24. The business’s fifty day moving average is $58.71 and its 200-day moving average is $57.91.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Thursday, July 13th. The financial services provider reported $0.76 EPS for the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The business had revenue of $3.17 billion during the quarter. Sell-side analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Tuesday, September 16th. Fidelity National Financial’s dividend payout ratio is currently 50.76%.

Wall Street Analysts Forecast Growth

FNF has been the topic of several research reports. Barclays restated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. National Bankshares set a $64.00 price target on shares of Fidelity National Financial in a research note on Monday, October 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a research note on Saturday. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $69.83.

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.