216,698 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Acquired by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super bought a new position in Fidelity National Financial, Inc. (NYSE:FNF) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 216,698 shares of the financial services provider’s stock, valued at approximately $12,165,000.

A number of other hedge funds have also added to or reduced their stakes in FNF. Parkside Financial Bank & Trust increased its position in Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 209 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Fidelity National Financial during the 4th quarter valued at about $37,000. Golden State Wealth Management LLC purchased a new stake in shares of Fidelity National Financial during the 4th quarter valued at about $52,000. UMB Bank n.a. lifted its stake in shares of Fidelity National Financial by 68.9% in the 4th quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider’s stock worth $65,000 after purchasing an additional 472 shares during the period. Finally, Sunbelt Securities Inc. boosted its holdings in shares of Fidelity National Financial by 867.7% in the third quarter. Sunbelt Securities Inc. now owns 1,287 shares of the financial services provider’s stock worth $80,000 after buying an additional 1,154 shares during the last quarter. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and upped their target price for the company from $76.00 to $77.00 in a report on Friday, January 3rd. StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Barclays boosted their price target on Fidelity National Financial from $61.00 to $67.00 and gave the company an “equal weight” rating in a report on Monday, February 24th. Keefe, Bruyette & Woods raised Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 8th. Finally, Stephens lifted their price objective on Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, February 24th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Financial currently has an average rating of “Moderate Buy” and a consensus target price of $71.60.

Fidelity National Financial Trading Up 3.4 %

Shares of FNF stock opened at $62.04 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The stock has a fifty day simple moving average of $61.64 and a two-hundred day simple moving average of $60.18. The firm has a market capitalization of $17.06 billion, a PE ratio of 13.34 and a beta of 1.09. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $66.72.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter last year, the business posted $0.75 earnings per share. On average, analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.22%. The ex-dividend date was Monday, March 17th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 43.01%.

Fidelity National Financial 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.