Strs Ohio Acquires 13,825 Shares of Fidelity National Financial, Inc. $FNF

Strs Ohio raised its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 49.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 41,606 shares of the financial services provider’s stock after buying an additional 13,825 shares during the period. Strs Ohio’s holdings in Fidelity National Financial were worth $2,332,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Gilbert & Cook Inc. grew its stake in shares of Fidelity National Financial by 3.0% during the 1st quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock worth $378,000 after acquiring an additional 168 shares in the last quarter. Journey Strategic Wealth LLC grew its stake in shares of Fidelity National Financial by 1.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock worth $943,000 after acquiring an additional 175 shares in the last quarter. Commerce Bank grew its stake in shares of Fidelity National Financial by 3.1% during the 1st quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock worth $389,000 after acquiring an additional 177 shares in the last quarter. Peddock Capital Advisors LLC grew its stake in shares of Fidelity National Financial by 3.2% during the 1st quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider’s stock worth $369,000 after acquiring an additional 178 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV grew its stake in shares of Fidelity National Financial by 0.6% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock worth $2,060,000 after acquiring an additional 197 shares in the last quarter. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Price Performance

NYSE:FNF opened at $55.34 on Tuesday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.50. The firm has a fifty day simple moving average of $58.21 and a 200 day simple moving average of $57.65. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The stock has a market capitalization of $15.04 billion, a PE ratio of 14.05 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last released 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 firm had revenue of $3.17 billion during the quarter. On average, research analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. Fidelity National Financial’s dividend payout ratio (DPR) is currently 50.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Barclays reaffirmed a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. National Bankshares set a $64.00 target price on shares of Fidelity National Financial in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Fidelity National Financial in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Fidelity National Financial has an average rating of “Moderate Buy” and a consensus target price of $69.83.

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.