Foster & Motley Inc. Sells 4,094 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Foster & Motley Inc. trimmed its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 7.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,668 shares of the financial services provider’s stock after selling 4,094 shares during the period. Foster & Motley Inc.’s holdings in Fidelity National Financial were worth $3,269,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ZWJ Investment Counsel Inc. boosted its stake in Fidelity National Financial by 1.0% during the third quarter. ZWJ Investment Counsel Inc. now owns 19,740 shares of the financial services provider’s stock worth $1,225,000 after buying an additional 195 shares during the period. Chesley Taft & Associates LLC lifted its holdings in Fidelity National Financial by 1.9% during the 2nd quarter. Chesley Taft & Associates LLC now owns 10,575 shares of the financial services provider’s stock valued at $523,000 after buying an additional 200 shares in the last quarter. Intech Investment Management LLC boosted its position in Fidelity National Financial by 1.3% in the 2nd quarter. Intech Investment Management LLC now owns 15,336 shares of the financial services provider’s stock valued at $758,000 after buying an additional 202 shares during the period. EverSource Wealth Advisors LLC grew its stake in Fidelity National Financial by 13.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,766 shares of the financial services provider’s stock worth $87,000 after acquiring an additional 213 shares in the last quarter. Finally, QRG Capital Management Inc. increased its position in shares of Fidelity National Financial by 0.3% during the second quarter. QRG Capital Management Inc. now owns 99,224 shares of the financial services provider’s stock worth $4,904,000 after acquiring an additional 300 shares during the period. 81.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FNF has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Barclays raised their price target on Fidelity National Financial from $56.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. StockNews.com lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Truist Financial raised their target price on shares of Fidelity National Financial from $62.00 to $64.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. Finally, Stephens reaffirmed an “overweight” rating and issued a $63.00 price target on shares of Fidelity National Financial in a research report on Thursday, August 15th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $62.40.

Fidelity National Financial Stock Performance

FNF stock opened at $60.88 on Thursday. Fidelity National Financial, Inc. has a one year low of $41.31 and a one year high of $62.97. The firm has a market cap of $16.65 billion, a price-to-earnings ratio of 18.17 and a beta of 1.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a 50-day simple moving average of $60.27 and a two-hundred day simple moving average of $54.92.

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

Insider Buying and Selling

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total value of $103,445.00. Following the completion of the sale, the director now owns 13,206 shares of the company’s stock, valued at approximately $803,585.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.20% of the stock is owned by company insiders.

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.