GAMMA Investing LLC Has $609,000 Holdings in Fidelity National Financial, Inc. $FNF

GAMMA Investing LLC raised its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 12.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,863 shares of the financial services provider’s stock after acquiring an additional 1,234 shares during the quarter. GAMMA Investing LLC’s holdings in Fidelity National Financial were worth $609,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of FNF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $62,000. Two Sigma Advisers LP grew its position in shares of Fidelity National Financial by 5.7% during the 4th quarter. Two Sigma Advisers LP now owns 31,700 shares of the financial services provider’s stock worth $1,780,000 after buying an additional 1,700 shares during the period. GTS Securities LLC acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $218,000. Toronto Dominion Bank grew its position in shares of Fidelity National Financial by 6.9% during the 4th quarter. Toronto Dominion Bank now owns 33,943 shares of the financial services provider’s stock worth $1,906,000 after buying an additional 2,198 shares during the period. Finally, Siemens Fonds Invest GmbH acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $63,000. Institutional investors and hedge funds own 81.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered their price target 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. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $71.20.

Fidelity National Financial Stock Up 1.0%

Shares of NYSE FNF opened at $59.86 on Thursday. The stock has a market cap of $16.27 billion, a P/E ratio of 15.19 and a beta of 1.05. The firm has a 50 day moving average price of $58.71 and a 200 day moving average price of $58.86. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial, Inc. has a 52-week low of $50.61 and a 52-week high of $66.72.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.24). The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.64 billion. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.24 EPS. Analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 16th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Fidelity National Financial’s payout ratio is currently 50.76%.

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.