Alpine Woods Capital Investors LLC decreased its position in Fidelity National Financial, Inc. (NYSE:FNF) by 9.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,000 shares of the financial services provider’s stock after selling 500 shares during the period. Alpine Woods Capital Investors LLC’s holdings in Fidelity National Financial were worth $224,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. FTB Advisors Inc. boosted its position in Fidelity National Financial by 234.3% in the first quarter. FTB Advisors Inc. now owns 3,891 shares of the financial services provider’s stock worth $159,000 after buying an additional 2,727 shares during the last quarter. Atria Investments LLC purchased a new position in Fidelity National Financial during the second quarter worth approximately $205,000. Probity Advisors Inc. purchased a new position in Fidelity National Financial during the second quarter worth approximately $213,000. Gilbert & Cook Inc. purchased a new position in Fidelity National Financial during the second quarter worth approximately $217,000. Finally, S&CO Inc. purchased a new position in Fidelity National Financial during the second quarter worth approximately $224,000. 86.92% of the stock is currently owned by institutional investors and hedge funds.

Shares of Fidelity National Financial, Inc. (NYSE FNF) opened at 47.35 on Monday. The company has a 50-day moving average of $46.75 and a 200 day moving average of $41.63. The firm has a market capitalization of $12.92 billion, a PE ratio of 20.65 and a beta of 0.95. Fidelity National Financial, Inc. has a 12-month low of $31.64 and a 12-month high of $49.37.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.03. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.14 billion. Fidelity National Financial had a net margin of 7.49% and a return on equity of 10.41%. Fidelity National Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $0.74 earnings per share. On average, analysts predict that Fidelity National Financial, Inc. will post $2.55 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.25 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.00 annualized dividend and a dividend yield of 2.11%. Fidelity National Financial’s payout ratio is 43.67%.

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A number of research analysts have recently commented on the stock. Zacks Investment Research cut shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Monness Crespi & Hardt upped their price target on shares of Fidelity National Financial from $42.00 to $45.00 and gave the company a “buy” rating in a report on Monday, May 15th. Barclays PLC upped their price target on shares of Fidelity National Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Monday, July 3rd. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $48.00 price target on shares of Fidelity National Financial in a report on Friday, July 14th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $46.80.

In other news, insider Brent B. Bickett sold 58,896 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $44.77, for a total value of $2,636,773.92. Following the sale, the insider now owns 562,658 shares in the company, valued at $25,190,198.66. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, President Michael Joseph Nolan sold 80,748 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $43.52, for a total transaction of $3,514,152.96. Following the completion of the sale, the president now owns 176,062 shares in the company, valued at approximately $7,662,218.24. The disclosure for this sale can be found here. In the last 90 days, insiders sold 272,859 shares of company stock worth $12,482,636. 5.00% of the stock is currently owned by corporate insiders.

About Fidelity National Financial

Fidelity National Financial, Inc (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF’s title insurance underwriters and related businesses.

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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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