Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC increased its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,018 shares of the financial services provider’s stock after purchasing an additional 29,513 shares during the period. Fidelity National Financial accounts for 1.7% of Crescent Grove Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Crescent Grove Advisors LLC owned about 0.11% of Fidelity National Financial worth $17,068,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of FNF. Swedbank AB boosted its holdings in shares of Fidelity National Financial by 25.1% in the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider’s stock valued at $2,630,000 after purchasing an additional 8,511 shares during the last quarter. Everence Capital Management Inc. purchased a new position in shares of Fidelity National Financial during the 4th quarter valued at approximately $621,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Fidelity National Financial by 61.0% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 49,707 shares of the financial services provider’s stock worth $2,457,000 after purchasing an additional 18,838 shares during the period. Horizon Kinetics Asset Management LLC increased its holdings in shares of Fidelity National Financial by 35.1% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider’s stock worth $3,604,000 after acquiring an additional 15,100 shares during the period. Finally, Barclays PLC boosted its position in Fidelity National Financial by 4.4% during the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider’s stock worth $13,451,000 after acquiring an additional 9,146 shares during the period. Institutional investors and hedge funds own 81.17% of the company’s stock.

Analyst Ratings Changes

FNF has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods lowered 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. Truist Financial lifted their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Barclays raised their target price on shares of Fidelity National Financial from $56.00 to $59.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and raised their price objective for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $66.40.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction that occurred on 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 sale, the director now directly owns 16,716 shares in the company, valued at $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the transaction, the director now owns 32,386 shares in the company, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.

Fidelity National Financial Stock Up 0.1 %

NYSE:FNF opened at $57.71 on Friday. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $64.83. The firm has a market capitalization of $15.79 billion, a price-to-earnings ratio of 20.99 and a beta of 1.38. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average price is $58.74 and its 200 day moving average price is $58.35.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.11). Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. The company had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same period last year, the company earned $1.23 earnings per share. Fidelity National Financial’s revenue for the quarter was up 29.7% compared to the same quarter last year. On average, sell-side analysts forecast that Fidelity National Financial, Inc. will post 4.57 earnings per share for the current fiscal year.

Fidelity National Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.50 per share. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Tuesday, December 17th. Fidelity National Financial’s payout ratio is currently 72.73%.

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.