Fidelity National Financial, Inc. (NYSE:FNF) Position Reduced by Augustine Asset Management Inc.

Augustine Asset Management Inc. trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,701 shares of the financial services provider’s stock after selling 455 shares during the quarter. Augustine Asset Management Inc.’s holdings in Fidelity National Financial were worth $264,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP purchased a new position in Fidelity National Financial during the 3rd quarter worth approximately $32,000. Brooklyn Investment Group purchased a new position in shares of Fidelity National Financial during the third quarter valued at $35,000. True Wealth Design LLC purchased a new position in shares of Fidelity National Financial during the third quarter valued at $41,000. UMB Bank n.a. raised its position in Fidelity National Financial by 280.6% during the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider’s stock valued at $43,000 after buying an additional 505 shares during the period. Finally, Larson Financial Group LLC lifted its stake in Fidelity National Financial by 141.1% in the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 402 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Trading Down 0.7 %

NYSE:FNF 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. The stock’s 50 day moving average price is $57.84 and its 200 day moving average price is $58.86. 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, Inc. has a 52 week low of $46.85 and a 52 week high of $64.83.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Truist Financial upped their target price on Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods dropped 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 research note on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Financial currently has a consensus rating of “Moderate Buy” and an average price target of $66.40.

Insiders Place Their Bets

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 stock was sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares of the company’s stock, valued at $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $117,842.36. Following the transaction, the director now directly owns 32,386 shares in the company, valued at approximately $1,824,303.38. This represents a 6.07 % 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 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.