Wealthspire Advisors LLC Purchases 484 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Wealthspire Advisors LLC grew its position in Fidelity National Financial, Inc. (NYSE:FNF) by 13.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,125 shares of the financial services provider’s stock after acquiring an additional 484 shares during the period. Wealthspire Advisors LLC’s holdings in Fidelity National Financial were worth $232,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FNF. Commerce Bank lifted its position in shares of Fidelity National Financial by 3.5% in the third quarter. Commerce Bank now owns 5,991 shares of the financial services provider’s stock valued at $372,000 after buying an additional 200 shares during the last quarter. Chesley Taft & Associates LLC raised its stake in Fidelity National Financial by 1.2% in the 4th quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider’s stock valued at $937,000 after acquiring an additional 200 shares during the period. Louisiana State Employees Retirement System boosted its position in Fidelity National Financial by 0.3% during the fourth quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider’s stock worth $4,053,000 after purchasing an additional 200 shares during the period. Essex Financial Services Inc. increased its holdings in shares of Fidelity National Financial by 5.3% in the fourth quarter. Essex Financial Services Inc. now owns 4,206 shares of the financial services provider’s stock valued at $236,000 after purchasing an additional 211 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of Fidelity National Financial by 32.6% in the third quarter. First Horizon Advisors Inc. now owns 878 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 216 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FNF has been the topic of a number of research reports. Stephens upped their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday. Truist Financial increased their target price on Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods dropped their price target on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a “hold” rating to a “buy” rating and increased their price objective for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, StockNews.com raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research report on Monday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $70.40.

Fidelity National Financial Stock Performance

NYSE:FNF opened at $62.77 on Friday. Fidelity National Financial, Inc. has a fifty-two week low of $46.85 and a fifty-two week high of $64.83. The company has a 50 day simple moving average of $57.58 and a two-hundred day simple moving average of $59.19. The company has a market capitalization of $17.18 billion, a PE ratio of 13.50 and a beta of 1.39. 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 (NYSE:FNF) last announced its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the business earned $0.75 earnings per share. Research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.19%. Fidelity National Financial’s dividend payout ratio (DPR) is 43.01%.

Insider Activity at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the completion of the transaction, the director now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total value of $117,842.36. Following the completion of the transaction, the director now owns 32,386 shares of the company’s stock, valued at approximately $1,824,303.38. This trade represents a 6.07 % 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.