Fidelity National Financial, Inc. (NYSE:FNF) Shares Acquired by US Bancorp DE

US Bancorp DE lifted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 210.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 64,406 shares of the financial services provider’s stock after buying an additional 43,688 shares during the period. US Bancorp DE’s holdings in Fidelity National Financial were worth $3,616,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Parkside Financial Bank & Trust lifted its holdings in shares of Fidelity National Financial by 50.6% during the 4th 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 in the last quarter. Prosperitas Financial LLC lifted its holdings in shares of Fidelity National Financial by 5.4% during the 4th quarter. Prosperitas Financial LLC now owns 4,997 shares of the financial services provider’s stock valued at $281,000 after acquiring an additional 256 shares in the last quarter. Hahn Capital Management LLC lifted its holdings in shares of Fidelity National Financial by 64.9% during the 4th quarter. Hahn Capital Management LLC now owns 136,030 shares of the financial services provider’s stock valued at $7,637,000 after acquiring an additional 53,545 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Fidelity National Financial by 6.9% during the 4th quarter. QRG Capital Management Inc. now owns 110,147 shares of the financial services provider’s stock valued at $6,184,000 after acquiring an additional 7,066 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of Fidelity National Financial during the 4th quarter valued at $2,332,000. Institutional investors and hedge funds own 81.17% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Truist Financial boosted their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods cut their price objective on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Stephens boosted their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, February 24th. Finally, StockNews.com lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Fidelity National Financial currently has an average rating of “Moderate Buy” and a consensus price target of $70.40.

Insider Transactions at Fidelity National Financial

In related news, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total transaction of $117,842.36. Following the sale, the director now owns 32,386 shares in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the sale, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This trade represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Fidelity National Financial Price Performance

FNF opened at $63.54 on Thursday. The company has a 50-day moving average of $58.17 and a 200-day moving average of $59.44. The company has a market capitalization of $17.39 billion, a P/E ratio of 13.67 and a beta of 1.31. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $65.65. 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 released its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.11. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same quarter in the previous year, the firm earned $0.75 EPS. Equities analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Monday, March 17th. Fidelity National Financial’s payout ratio is currently 43.01%.

About Fidelity National Financial

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.