OLD National Bancorp IN Has $9.32 Million Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

OLD National Bancorp IN lessened its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 0.4% during the fourth quarter, HoldingsChannel reports. The firm owned 166,089 shares of the financial services provider’s stock after selling 681 shares during the quarter. OLD National Bancorp IN’s holdings in Fidelity National Financial were worth $9,324,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of FNF. ZWJ Investment Counsel Inc. boosted its position in shares of Fidelity National Financial by 1.0% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 19,740 shares of the financial services provider’s stock valued at $1,225,000 after purchasing an additional 195 shares in the last quarter. Commerce Bank raised its stake in shares of Fidelity National Financial by 3.5% in the third quarter. Commerce Bank now owns 5,991 shares of the financial services provider’s stock worth $372,000 after purchasing an additional 200 shares during the last quarter. Chesley Taft & Associates LLC raised its stake in shares of Fidelity National Financial by 1.2% in the fourth quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider’s stock worth $937,000 after purchasing an additional 200 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of Fidelity National Financial by 32.6% in the third quarter. First Horizon Advisors Inc. now owns 878 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 216 shares during the last quarter. Finally, Centennial Wealth Advisory LLC grew its holdings in shares of Fidelity National Financial by 4.6% in the third quarter. Centennial Wealth Advisory LLC now owns 5,463 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 239 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the sale, the director now directly owns 16,716 shares of the company’s stock, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total value of $117,842.36. Following the sale, the director now directly owns 32,386 shares in the company, valued at approximately $1,824,303.38. The trade was a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

FNF has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reduced their target price on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a report on Wednesday, January 8th. Barclays upped their target price on Fidelity National Financial from $56.00 to $59.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. 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. Finally, Truist Financial raised their price target on Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $66.40.

Fidelity National Financial Stock Down 0.0 %

FNF opened at $58.06 on Thursday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The company has a market cap of $15.89 billion, a P/E ratio of 21.11 and a beta of 1.38. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $64.83. The business’s 50-day moving average price is $58.65 and its 200-day moving average price is $58.59.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.11). The business had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.32 billion. Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. The firm’s revenue for the quarter was up 29.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.23 earnings per share. On average, equities analysts expect that Fidelity National Financial, Inc. will post 4.57 EPS for the current year.

Fidelity National Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.45%. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, December 17th. Fidelity National Financial’s payout ratio is presently 72.73%.

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.