Linden Thomas Advisory Services LLC Sells 182 Shares of Fidelity National Financial, Inc. $FNF

Linden Thomas Advisory Services LLC decreased its position in Fidelity National Financial, Inc. (NYSE:FNF) by 1.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 15,640 shares of the financial services provider’s stock after selling 182 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Fidelity National Financial were worth $877,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Fidelity National Financial by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 27,174,914 shares of the financial services provider’s stock valued at $1,768,543,000 after acquiring an additional 120,595 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Fidelity National Financial by 7.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,001,001 shares of the financial services provider’s stock valued at $585,785,000 after acquiring an additional 588,113 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Fidelity National Financial by 1.5% in the 1st quarter. Victory Capital Management Inc. now owns 8,214,280 shares of the financial services provider’s stock valued at $534,585,000 after acquiring an additional 121,096 shares in the last quarter. Millennium Management LLC lifted its stake in Fidelity National Financial by 93.3% in the 1st quarter. Millennium Management LLC now owns 3,764,086 shares of the financial services provider’s stock valued at $244,967,000 after acquiring an additional 1,817,124 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Fidelity National Financial in the 1st quarter valued at approximately $178,433,000. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Stock Up 0.6%

NYSE:FNF opened at $57.09 on Monday. The firm has a market capitalization of $15.51 billion, a price-to-earnings ratio of 14.49 and a beta of 1.05. Fidelity National Financial, Inc. has a twelve month low of $50.61 and a twelve month high of $66.72. The stock’s 50 day moving average price is $58.71 and its two-hundred day moving average price is $57.91. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.50.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. The firm had revenue of $3.17 billion for 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 fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. Fidelity National Financial’s payout ratio is presently 50.76%.

Analyst Upgrades and Downgrades

Several research firms have commented on FNF. Barclays restated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. National Bankshares set a $64.00 price target on Fidelity National Financial in a research report on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fidelity National Financial in a research report on Saturday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.