Fidelity National Financial, Inc. $FNF Shares Purchased by Blair William & Co. IL

Blair William & Co. IL increased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 0.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 79,519 shares of the financial services provider’s stock after purchasing an additional 519 shares during the period. Blair William & Co. IL’s holdings in Fidelity National Financial were worth $4,458,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FNF. Nuveen LLC purchased a new stake in Fidelity National Financial during the 1st quarter worth about $178,433,000. Millennium Management LLC lifted its holdings in Fidelity National Financial by 93.3% during the 1st quarter. Millennium Management LLC now owns 3,764,086 shares of the financial services provider’s stock worth $244,967,000 after buying an additional 1,817,124 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Fidelity National Financial by 70.6% during the 1st quarter. AQR Capital Management LLC now owns 1,992,047 shares of the financial services provider’s stock worth $129,264,000 after buying an additional 824,562 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Fidelity National Financial by 7.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,001,001 shares of the financial services provider’s stock worth $585,785,000 after buying an additional 588,113 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in Fidelity National Financial during the 1st quarter worth about $25,037,000. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Down 0.9%

Fidelity National Financial stock opened at $54.91 on Monday. Fidelity National Financial, Inc. has a fifty-two week low of $50.61 and a fifty-two week high of $66.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.24 and a current ratio of 0.24. The company has a market capitalization of $14.92 billion, a P/E ratio of 13.94 and a beta of 1.05. The stock has a 50-day simple moving average of $59.29 and a 200-day simple moving average of $58.34.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. The business had revenue of $3.17 billion during the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%. Equities 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 disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 annualized dividend and a yield of 3.6%. Fidelity National Financial’s dividend payout ratio is currently 50.76%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FNF. Barclays reaffirmed a “cautious” rating on shares of Fidelity National Financial in a report on Monday, October 6th. National Bankshares set a $64.00 price target on Fidelity National Financial in a report on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fidelity National Financial in a report on Wednesday, October 8th. Five equities research 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, Fidelity National Financial has a consensus rating of “Moderate Buy” and an average price target of $69.83.

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.