Life Planning Partners Inc Boosts Position in Fidelity National Financial, Inc. (NYSE:FNF)

Life Planning Partners Inc grew its position in Fidelity National Financial, Inc. (NYSE:FNF) by 5,166.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,227 shares of the financial services provider’s stock after buying an additional 183,672 shares during the quarter. Fidelity National Financial accounts for approximately 1.5% of Life Planning Partners Inc’s holdings, making the stock its 20th biggest holding. Life Planning Partners Inc owned 0.07% of Fidelity National Financial worth $10,511,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new position in Fidelity National Financial during the 3rd quarter valued at about $35,000. Parkside Financial Bank & Trust grew its position in shares of Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 209 shares during the last quarter. Kestra Investment Management LLC purchased a new position in shares of Fidelity National Financial during the 4th quarter worth approximately $37,000. True Wealth Design LLC acquired a new position in shares of Fidelity National Financial during the 3rd quarter worth approximately $41,000. 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 valued at $43,000 after buying an additional 402 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insider Buying and Selling at Fidelity National Financial

In other 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 transaction of $153,580.00. Following the completion of the sale, 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 position. The sale 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 company insiders.

Analyst Ratings Changes

Several research firms have weighed in on FNF. Stephens raised their price target on Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, February 24th. StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods reduced their target price on shares of 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. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Finally, Barclays boosted their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an “equal weight” rating in a research report on Monday, February 24th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Fidelity National Financial presently has an average rating of “Moderate Buy” and a consensus target price of $70.40.

Fidelity National Financial Trading Down 0.2 %

NYSE FNF opened at $64.77 on Friday. The company has a market cap of $17.81 billion, a P/E ratio of 13.93 and a beta of 1.32. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $66.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The company has a 50-day moving average of $60.76 and a 200-day moving average of $60.07.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.23 by $0.11. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same quarter in the prior year, the business posted $0.75 earnings per share. As a group, equities analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend is Monday, March 17th. Fidelity National Financial’s payout ratio is currently 43.01%.

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.