UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $99.83 Million Position in Fidelity National Financial, Inc. (NYSE:FNF)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 16.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,778,245 shares of the financial services provider’s stock after buying an additional 247,821 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Fidelity National Financial were worth $99,831,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FNF. Capital Analysts LLC bought a new position in shares of Fidelity National Financial during the fourth quarter valued at $29,000. Parkside Financial Bank & Trust increased its holdings in Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 209 shares during the period. Kestra Investment Management LLC bought a new position in Fidelity National Financial during the 4th quarter worth $37,000. Kapitalo Investimentos Ltda acquired a new position in Fidelity National Financial during the 4th quarter worth about $44,000. Finally, Colonial Trust Co SC grew its position in shares of Fidelity National Financial by 130.1% in the 4th quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider’s stock valued at $45,000 after buying an additional 450 shares during the last quarter. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Trading Up 0.6%

NYSE FNF opened at $53.95 on Friday. The stock has a market capitalization of $14.82 billion, a P/E ratio of 11.60 and a beta of 1.14. The business has a 50 day simple moving average of $61.35 and a 200 day simple moving average of $60.13. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial, Inc. has a one year low of $47.79 and a one year high of $66.72.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data 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). The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The business’s quarterly revenue was down 17.3% compared to the same quarter last year. During the same period last year, the business earned $0.91 EPS. Research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, June 16th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.71%. The ex-dividend date is Monday, June 16th. Fidelity National Financial’s dividend payout ratio is presently 49.50%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wall Street Zen downgraded Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 price target for the company in a report on Tuesday, April 8th. Stephens boosted their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, February 24th. Finally, Barclays increased their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Monday, February 24th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and an average price target of $71.60.

Fidelity National Financial 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.