Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Stephens Inc. AR

Stephens Inc. AR lowered its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 1.2% during the third quarter, Holdings Channel reports. The fund owned 181,309 shares of the financial services provider’s stock after selling 2,190 shares during the quarter. Stephens Inc. AR’s holdings in Fidelity National Financial were worth $11,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in FNF. Opal Wealth Advisors LLC purchased a new stake in Fidelity National Financial in the second quarter valued at $26,000. New Covenant Trust Company N.A. acquired a new stake in Fidelity National Financial during the first quarter worth about $30,000. Covestor Ltd raised 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 valued at $31,000 after acquiring an additional 303 shares in the last quarter. Salomon & Ludwin LLC lifted its holdings in Fidelity National Financial by 231.0% in the first quarter. Salomon & Ludwin LLC now owns 609 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 425 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in Fidelity National Financial in the 2nd quarter worth approximately $35,000. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Analyst Ratings Changes

FNF has been the subject of several recent research reports. Keefe, Bruyette & Woods lifted their target price 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, September 4th. Deutsche Bank Aktiengesellschaft upped their price objective 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. Stephens restated an “overweight” rating and set a $63.00 target price on shares of Fidelity National Financial in a research report on Thursday, August 15th. StockNews.com lowered Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Truist Financial increased their price target on Fidelity National Financial from $62.00 to $64.00 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $62.40.

Fidelity National Financial Stock Down 2.3 %

Shares of NYSE FNF opened at $58.80 on Friday. The firm has a market cap of $16.08 billion, a price-to-earnings ratio of 17.55 and a beta of 1.36. The company’s 50-day simple moving average is $60.21 and its 200-day simple moving average is $54.62. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.52. Fidelity National Financial, Inc. has a 52-week low of $40.35 and a 52-week high of $62.97.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.27 by ($0.03). Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. 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 previous year, the firm posted $1.01 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. Equities analysts predict that Fidelity National Financial, Inc. will post 4.53 EPS for the current fiscal year.

Insider Transactions at Fidelity National Financial

In related news, Director Halim Dhanidina sold 1,700 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total value of $103,445.00. Following the completion of the transaction, the director now directly owns 13,206 shares of the company’s stock, valued at approximately $803,585.10. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.20% of the company’s stock.

About Fidelity National Financial

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.