14,272 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Purchased by Virtu Financial LLC

Virtu Financial LLC purchased a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,272 shares of the financial services provider’s stock, valued at approximately $929,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Entropy Technologies LP grew its holdings in shares of Fidelity National Financial by 14.4% during the first quarter. Entropy Technologies LP now owns 48,434 shares of the financial services provider’s stock worth $3,152,000 after buying an additional 6,109 shares during the last quarter. Atlas Capital Advisors Inc. grew its holdings in shares of Fidelity National Financial by 172.2% during the first quarter. Atlas Capital Advisors Inc. now owns 10,933 shares of the financial services provider’s stock worth $712,000 after buying an additional 6,916 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Fidelity National Financial by 4.0% during the first quarter. Benjamin Edwards Inc. now owns 52,468 shares of the financial services provider’s stock worth $3,415,000 after buying an additional 2,011 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Fidelity National Financial by 14.0% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 223,385 shares of the financial services provider’s stock worth $14,538,000 after buying an additional 27,519 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Fidelity National Financial by 20.9% during the first quarter. Deutsche Bank AG now owns 541,595 shares of the financial services provider’s stock worth $35,247,000 after buying an additional 93,754 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Stock Up 0.5%

Fidelity National Financial stock opened at $58.52 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The company has a market cap of $15.90 billion, a PE ratio of 14.85 and a beta of 1.02. The stock’s 50 day moving average price is $55.72 and its 200 day moving average price is $58.81.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.24). Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The business had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter last year, the firm earned $1.24 earnings per share. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. On average, sell-side analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Tuesday, September 16th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 50.76%.

Wall Street Analysts Forecast Growth

Separately, Barclays reduced their price objective on shares of Fidelity National Financial from $67.00 to $65.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 8th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.20.

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.