138,231 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in Fidelity National Financial, Inc. (NYSE:FNF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 138,231 shares of the financial services provider’s stock, valued at approximately $7,760,000.

Several other large investors also recently modified their holdings of the business. Commerce Bank raised its holdings in shares of Fidelity National Financial by 3.5% during the third quarter. Commerce Bank now owns 5,991 shares of the financial services provider’s stock valued at $372,000 after buying an additional 200 shares during the last quarter. Chesley Taft & Associates LLC raised its stake in shares of Fidelity National Financial by 1.2% during the fourth quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider’s stock valued at $937,000 after purchasing an additional 200 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Fidelity National Financial by 0.3% during the 4th quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider’s stock worth $4,053,000 after buying an additional 200 shares in the last quarter. Essex Financial Services Inc. lifted its stake in shares of Fidelity National Financial by 5.3% in the 4th quarter. Essex Financial Services Inc. now owns 4,206 shares of the financial services provider’s stock worth $236,000 after acquiring an additional 211 shares during the period. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Fidelity National Financial by 32.6% in the third quarter. First Horizon Advisors Inc. now owns 878 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 216 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FNF has been the topic of several recent analyst reports. Keefe, Bruyette & Woods dropped their target price on 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. Truist Financial boosted their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Finally, Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and raised their target price for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.40.

Fidelity National Financial Trading Up 0.4 %

Fidelity National Financial stock opened at $57.91 on Friday. Fidelity National Financial, Inc. has a 1 year low of $46.85 and a 1 year high of $64.83. The firm’s 50 day moving average price is $57.45 and its two-hundred day moving average price is $58.88. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 21.06 and a beta of 1.39. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

Insider Buying and Selling

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

Fidelity National Financial Company 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.