Fidelity National Financial, Inc. (NYSE:FNF) Stake Raised by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC increased its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 10.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,567 shares of the financial services provider’s stock after acquiring an additional 623 shares during the period. Centennial Wealth Advisory LLC’s holdings in Fidelity National Financial were worth $427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Capital Analysts LLC acquired a new position in Fidelity National Financial during the fourth quarter worth $29,000. Opal Wealth Advisors LLC acquired a new position in Fidelity National Financial in the 1st quarter valued at approximately $32,000. Parkside Financial Bank & Trust lifted its position 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 worth $35,000 after purchasing an additional 209 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of Fidelity National Financial during the 4th quarter valued at about $37,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in Fidelity National Financial during the fourth quarter valued at approximately $44,000. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Trading Up 0.3%

NYSE:FNF opened at $54.07 on Thursday. Fidelity National Financial, Inc. has a twelve month low of $47.79 and a twelve month high of $66.72. The business has a 50 day moving average price of $58.30 and a two-hundred day moving average price of $59.28. The company has a market cap of $14.85 billion, a P/E ratio of 13.38 and a beta of 1.02. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.50.

Fidelity National Financial (NYSE:FNF) last issued 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 net margin of 8.43% and a return on equity of 14.88%. The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period last year, the company posted $0.91 earnings per share. The business’s revenue for the quarter was down 17.3% on a year-over-year basis. As a group, 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 declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 16th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend was Monday, June 16th. Fidelity National Financial’s payout ratio is currently 49.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Barclays upped their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a report on Monday, February 24th. Stephens upped their price target on Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 8th. Finally, Wall Street Zen lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $71.60.

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.