Hanseatic Management Services Inc. grew its position in Fidelity National Financial, Inc. (NYSE:FNF – Free Report) by 8.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,173 shares of the financial services provider’s stock after purchasing an additional 328 shares during the quarter. Hanseatic Management Services Inc.’s holdings in Fidelity National Financial were worth $259,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in Fidelity National Financial in the 2nd quarter valued at $26,000. New Covenant Trust Company N.A. acquired a new position in shares of Fidelity National Financial in the first quarter valued at about $30,000. Covestor Ltd raised its stake in Fidelity National Financial by 109.0% in the 1st quarter. Covestor Ltd now owns 581 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 303 shares in the last quarter. UMB Bank n.a. grew its position in shares of Fidelity National Financial by 280.6% during the 3rd quarter. UMB Bank n.a. now owns 685 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 505 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Fidelity National Financial during the second quarter worth approximately $35,000. Institutional investors own 81.17% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Truist Financial raised their price objective on Fidelity National Financial from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Keefe, Bruyette & Woods raised their target price on shares of Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a report on Wednesday, September 4th. Stephens reiterated an “overweight” rating and set a $63.00 price target on shares of Fidelity National Financial in a research report on Thursday, August 15th. Barclays raised their target price on Fidelity National Financial from $56.00 to $59.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Finally, StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $62.40.
Fidelity National Financial Stock Up 2.3 %
NYSE:FNF opened at $60.88 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.23 and a quick ratio of 0.23. Fidelity National Financial, Inc. has a one year low of $41.31 and a one year high of $62.97. The firm’s 50 day simple moving average is $60.27 and its 200 day simple moving average is $54.92. The company has a market cap of $16.65 billion, a PE ratio of 18.17 and a beta of 1.37.
Fidelity National Financial (NYSE:FNF – Get Free Report) last announced its earnings results on Wednesday, August 7th. The financial services provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.03). The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 earnings per share. On average, research analysts anticipate that Fidelity National Financial, Inc. will post 4.53 earnings per share for the current 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 that occurred on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total transaction of $103,445.00. Following the completion of the transaction, the director now owns 13,206 shares in the company, valued at approximately $803,585.10. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.20% of the stock is owned by insiders.
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.
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