Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. reduced its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,011 shares of the financial services provider’s stock after selling 1,627 shares during the period. Hantz Financial Services Inc.’s holdings in Fidelity National Financial were worth $2,583,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Forsta AP Fonden lifted its holdings in Fidelity National Financial by 62.5% in the 4th quarter. Forsta AP Fonden now owns 79,800 shares of the financial services provider’s stock worth $4,480,000 after buying an additional 30,700 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Fidelity National Financial by 0.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 74,015 shares of the financial services provider’s stock worth $4,155,000 after acquiring an additional 579 shares in the last quarter. R Squared Ltd purchased a new position in Fidelity National Financial in the fourth quarter valued at about $128,000. Pacer Advisors Inc. grew its stake in Fidelity National Financial by 31.6% during the 4th quarter. Pacer Advisors Inc. now owns 49,927 shares of the financial services provider’s stock valued at $2,803,000 after purchasing an additional 11,982 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Fidelity National Financial by 33.7% during the 4th quarter. Blue Trust Inc. now owns 1,739 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 438 shares in the last quarter. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Barclays raised their price target on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and increased their price target for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, Truist Financial upped their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.40.

Fidelity National Financial Trading Up 0.9 %

NYSE FNF opened at $58.54 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial, Inc. has a one year low of $46.85 and a one year high of $64.83. The company has a 50-day simple moving average of $58.61 and a 200-day simple moving average of $58.58. The firm has a market capitalization of $16.02 billion, a PE ratio of 21.29 and a beta of 1.38.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.11). The company had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.32 billion. Fidelity National Financial had a net margin of 5.57% and a return on equity of 13.72%. The business’s revenue was up 29.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.23 earnings per share. On average, equities analysts forecast that Fidelity National Financial, Inc. will post 4.57 earnings per share for the current year.

Fidelity National Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a $0.50 dividend. The ex-dividend date was Tuesday, December 17th. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.42%. Fidelity National Financial’s dividend payout ratio (DPR) is currently 72.73%.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Sandra Douglass Morgan sold 2,092 shares of the business’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the transaction, the director now owns 32,386 shares in the company, valued at approximately $1,824,303.38. The trade was a 6.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Halim Dhanidina sold 2,800 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the transaction, the director now directly owns 16,716 shares in the company, valued at $916,872.60. This trade represents a 14.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently 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.