Arthur M. Cohen & Associates LLC Acquires 1,600 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Arthur M. Cohen & Associates LLC increased its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 21.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,190 shares of the financial services provider’s stock after purchasing an additional 1,600 shares during the quarter. Arthur M. Cohen & Associates LLC’s holdings in Fidelity National Financial were worth $562,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Opal Wealth Advisors LLC purchased a new position in shares of Fidelity National Financial during the 2nd quarter valued at about $26,000. New Covenant Trust Company N.A. purchased a new position in Fidelity National Financial during the first quarter valued at approximately $30,000. Covestor Ltd boosted its position in shares of Fidelity National Financial by 109.0% in the first quarter. Covestor Ltd now owns 581 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 303 shares during the period. Salomon & Ludwin LLC increased its stake in shares of Fidelity National Financial by 231.0% in the first quarter. Salomon & Ludwin LLC now owns 609 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 425 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Fidelity National Financial during the 2nd quarter valued at $35,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FNF has been the subject of a number of analyst reports. Stephens reiterated an “overweight” rating and issued a $63.00 price target on shares of Fidelity National Financial in a research note on Thursday, August 15th. Truist Financial increased their target price 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. StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Keefe, Bruyette & Woods increased their price objective 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. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Fidelity National Financial from $61.00 to $63.00 and gave the company a “hold” 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 stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $62.40.

Fidelity National Financial Price Performance

Shares of Fidelity National Financial stock opened at $58.96 on Tuesday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.52. Fidelity National Financial, Inc. has a 12 month low of $41.31 and a 12 month high of $62.97. The stock has a 50 day moving average of $60.21 and a 200 day moving average of $54.80. The firm has a market cap of $16.12 billion, a PE ratio of 17.60 and a beta of 1.37.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.03). The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Fidelity National Financial had a net margin of 7.19% and a return on equity of 14.48%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the business posted $1.01 earnings per share. On average, research analysts expect that Fidelity National Financial, Inc. will post 4.53 EPS for the current fiscal year.

Insider Buying and Selling at Fidelity National Financial

In other news, Director Halim Dhanidina sold 1,700 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total value of $103,445.00. Following the sale, the director now directly owns 13,206 shares in the company, valued at $803,585.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 5.20% of the stock is owned by company insiders.

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.