River Road Asset Management LLC Has $7.43 Million Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

River Road Asset Management LLC trimmed its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 119,700 shares of the financial services provider’s stock after selling 4,922 shares during the quarter. River Road Asset Management LLC’s holdings in Fidelity National Financial were worth $7,429,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Fidelity National Financial during the second quarter valued at about $26,000. New Covenant Trust Company N.A. acquired a new stake in shares of Fidelity National Financial during the first quarter valued at about $30,000. Covestor Ltd boosted its stake in shares of 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 purchasing an additional 303 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Fidelity National Financial by 280.6% during the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 505 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Fidelity National Financial during the second quarter valued at about $35,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FNF has been the topic of a number of recent research reports. StockNews.com lowered Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Keefe, Bruyette & Woods raised their price objective on Fidelity National Financial from $58.00 to $63.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 4th. Stephens restated an “overweight” rating and set a $63.00 price objective on shares of Fidelity National Financial in a research report on Thursday, August 15th. Deutsche Bank Aktiengesellschaft raised their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Finally, Truist Financial raised their price objective 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 research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Fidelity National Financial presently has an average rating of “Hold” and an average price target of $62.40.

Insiders Place Their Bets

In other news, Director Halim Dhanidina sold 1,700 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total transaction of $103,445.00. Following the completion of the sale, the director now owns 13,206 shares in the company, valued at $803,585.10. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.20% of the stock is currently owned by corporate insiders.

Fidelity National Financial Trading Up 0.9 %

Shares of FNF stock opened at $59.50 on Wednesday. The company has a market cap of $16.27 billion, a P/E ratio of 17.76 and a beta of 1.37. The stock has a 50 day simple moving average of $60.23 and a two-hundred day simple moving average of $54.88. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.23 and a current ratio of 0.23. Fidelity National Financial, Inc. has a fifty-two week low of $41.31 and a fifty-two week high of $62.97.

Fidelity National Financial (NYSE:FNF) last issued 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 the consensus estimate of $3.20 billion. Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 earnings per share. Research analysts forecast that Fidelity National Financial, Inc. will post 4.53 earnings per share for the current year.

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.