Css LLC Il Has $545,000 Stock Position in Fidelity National Financial, Inc. (NYSE:FNF)

Css LLC Il boosted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 26.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,700 shares of the financial services provider’s stock after buying an additional 2,000 shares during the period. Css LLC Il’s holdings in Fidelity National Financial were worth $545,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FNF. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Fidelity National Financial by 16.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,778,245 shares of the financial services provider’s stock valued at $99,831,000 after acquiring an additional 247,821 shares during the period. Twinbeech Capital LP acquired a new stake in Fidelity National Financial during the 4th quarter valued at $5,020,000. Two Sigma Advisers LP raised its stake in Fidelity National Financial by 5.7% during the 4th quarter. Two Sigma Advisers LP now owns 31,700 shares of the financial services provider’s stock valued at $1,780,000 after purchasing an additional 1,700 shares during the period. Toronto Dominion Bank lifted its holdings in shares of Fidelity National Financial by 6.9% in the fourth quarter. Toronto Dominion Bank now owns 33,943 shares of the financial services provider’s stock valued at $1,906,000 after purchasing an additional 2,198 shares in the last quarter. Finally, Siemens Fonds Invest GmbH acquired a new stake in shares of Fidelity National Financial in the fourth quarter worth $63,000. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on FNF shares. StockNews.com lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 target price for the company in a research note on Tuesday, April 8th. Stephens boosted their price target 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. Finally, Barclays increased their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a report on Monday, February 24th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $71.60.

Fidelity National Financial Price Performance

Shares of FNF opened at $54.17 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market cap of $14.88 billion, a PE ratio of 11.65 and a beta of 1.14. The firm’s 50 day moving average price is $61.78 and its 200 day moving average price is $60.21. Fidelity National Financial, Inc. has a twelve month low of $47.79 and a twelve month high of $66.72.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.35). Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the company earned $0.91 EPS. The business’s revenue for the quarter was down 17.3% compared to the same quarter last year. As a group, research analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 16th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.69%. The ex-dividend date is Monday, June 16th. Fidelity National Financial’s payout ratio is 49.50%.

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.