Mayflower Financial Advisors LLC Has $807,000 Position in Fidelity National Financial, Inc. (NYSE:FNF)

Mayflower Financial Advisors LLC raised its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 2.3% in the second quarter, Holdings Channel.com reports. The fund owned 16,327 shares of the financial services provider’s stock after acquiring an additional 373 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Fidelity National Financial were worth $807,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Fidelity National Financial in the second quarter worth $26,000. V Square Quantitative Management LLC bought a new position in Fidelity National Financial during the fourth quarter worth $27,000. New Covenant Trust Company N.A. bought a new position in Fidelity National Financial during the first quarter worth $30,000. Mather Group LLC. bought a new position in Fidelity National Financial during the first quarter worth $31,000. Finally, Covestor Ltd increased its position in Fidelity National Financial by 109.0% during the first quarter. Covestor Ltd now owns 581 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 303 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Stock Down 0.3 %

Shares of NYSE:FNF opened at $58.99 on Friday. Fidelity National Financial, Inc. has a 52 week low of $37.10 and a 52 week high of $60.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.23 and a current ratio of 0.23. The company’s fifty day moving average is $54.48 and its 200-day moving average is $51.92. The company has a market capitalization of $16.12 billion, a PE ratio of 19.40 and a beta of 1.36.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, August 7th. The financial services provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.03). Fidelity National Financial had a net margin of 7.19% and a return on equity of 14.48%. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the prior year, the firm posted $1.01 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities research analysts predict that Fidelity National Financial, Inc. will post 4.57 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $1.92 annualized dividend and a dividend yield of 3.25%. Fidelity National Financial’s dividend payout ratio is presently 63.16%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FNF. StockNews.com lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Truist Financial boosted their target price on shares of Fidelity National Financial from $62.00 to $64.00 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Keefe, Bruyette & Woods boosted their price target on shares of Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a report on Wednesday. Finally, Stephens reissued an “overweight” rating and issued a $63.00 price target on shares of Fidelity National Financial in a report on Thursday, August 15th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $61.80.

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.