R Squared Ltd Decreases Position in Fidelity National Financial, Inc. $FNF

R Squared Ltd decreased its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 5.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 5,958 shares of the financial services provider’s stock after selling 362 shares during the quarter. R Squared Ltd’s holdings in Fidelity National Financial were worth $334,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Gilbert & Cook Inc. lifted its stake in Fidelity National Financial by 3.0% in the first quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock valued at $378,000 after buying an additional 168 shares during the last quarter. Journey Strategic Wealth LLC lifted its stake in Fidelity National Financial by 1.2% in the first quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock valued at $943,000 after buying an additional 175 shares during the last quarter. Commerce Bank lifted its stake in Fidelity National Financial by 3.1% in the first quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock valued at $389,000 after buying an additional 177 shares during the last quarter. Peddock Capital Advisors LLC lifted its stake in Fidelity National Financial by 3.2% in the first quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider’s stock valued at $369,000 after buying an additional 178 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV lifted its stake in Fidelity National Financial by 0.6% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock valued at $2,060,000 after buying an additional 197 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. National Bankshares set a $64.00 price objective on Fidelity National Financial in a research note on Monday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Fidelity National Financial in a research note on Wednesday, October 8th. Finally, Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.83.

Fidelity National Financial Price Performance

Fidelity National Financial stock opened at $57.09 on Friday. Fidelity National Financial, Inc. has a 12 month low of $50.61 and a 12 month high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. The business has a 50 day simple moving average of $58.71 and a 200-day simple moving average of $57.94. The stock has a market capitalization of $15.51 billion, a PE ratio of 14.49 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings results on Thursday, July 13th. The financial services provider reported $0.76 EPS for the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%.The business had revenue of $3.17 billion during the quarter. 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 business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were paid 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 50.76%.

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.