Versor Investments LP Cuts Position in Fidelity National Financial, Inc. $FNF

Versor Investments LP decreased its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 77.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 7,535 shares of the financial services provider’s stock after selling 25,657 shares during the period. Versor Investments LP’s holdings in Fidelity National Financial were worth $422,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Gilbert & Cook Inc. grew its position in Fidelity National Financial by 3.0% in the first quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock valued at $378,000 after acquiring an additional 168 shares in the last quarter. Journey Strategic Wealth LLC grew its position in Fidelity National Financial by 1.2% in the first quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock valued at $943,000 after acquiring an additional 175 shares in the last quarter. Commerce Bank grew its position in Fidelity National Financial by 3.1% in the first quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock valued at $389,000 after acquiring an additional 177 shares in the last quarter. Peddock Capital Advisors LLC grew its position in Fidelity National Financial by 3.2% in the first quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider’s stock valued at $369,000 after acquiring an additional 178 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV grew its position in Fidelity National Financial by 0.6% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock valued at $2,060,000 after acquiring an additional 197 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on FNF shares. Barclays reaffirmed a “cautious” rating on shares of Fidelity National Financial in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fidelity National Financial in a research report on Wednesday, October 8th. Finally, National Bankshares set a $64.00 price objective on shares of Fidelity National Financial in a research report on Monday, October 6th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.83.

Fidelity National Financial Stock Down 1.2%

FNF stock opened at $55.17 on Thursday. Fidelity National Financial, Inc. has a twelve month low of $50.61 and a twelve month high of $66.72. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $14.99 billion, a P/E ratio of 14.00 and a beta of 1.05. The firm has a 50 day simple moving average of $58.01 and a 200-day simple moving average of $57.59.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The business had revenue of $3.17 billion during the quarter. On average, equities research analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

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.