Augustine Asset Management Inc. Sells 455 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Augustine Asset Management Inc. reduced its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 8.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,701 shares of the financial services provider’s stock after selling 455 shares during the period. Augustine Asset Management Inc.’s holdings in Fidelity National Financial were worth $264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of FNF. Capital Performance Advisors LLP acquired a new position in Fidelity National Financial in the 3rd quarter valued at approximately $32,000. Brooklyn Investment Group bought a new stake in shares of Fidelity National Financial during the third quarter valued at approximately $35,000. True Wealth Design LLC bought a new stake in shares of Fidelity National Financial during the third quarter valued at approximately $41,000. UMB Bank n.a. raised its stake in shares of Fidelity National Financial by 280.6% in the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 505 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in Fidelity National Financial by 141.1% during the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after buying an additional 402 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the transaction, the director now directly owns 16,716 shares of the company’s stock, valued at approximately $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction that occurred on 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 directly owns 32,386 shares in the company, valued at $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 corporate insiders.

Fidelity National Financial Trading Down 0.7 %

Shares of FNF stock opened at $57.33 on Wednesday. The company has a market capitalization of $15.69 billion, a P/E ratio of 20.85 and a beta of 1.39. Fidelity National Financial, Inc. has a 12-month low of $46.85 and a 12-month high of $64.83. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $57.84 and a 200 day moving average price of $58.86.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Truist Financial increased their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their price objective for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods lowered their price objective on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.40.

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.