Shares of Fidelity National Financial, Inc. (NYSE:FNF) have received an average recommendation of “Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $45.00.

FNF has been the topic of several research reports. Zacks Investment Research lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, May 24th. Piper Jaffray Companies reissued a “buy” rating and issued a $48.00 price target on shares of Fidelity National Financial in a research report on Friday, July 14th. ValuEngine raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Barclays PLC boosted their price target on shares of Fidelity National Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Monday, July 3rd. Finally, Monness Crespi & Hardt boosted their price target on shares of Fidelity National Financial from $42.00 to $45.00 and gave the company a “buy” rating in a research report on Monday, May 15th.

In other Fidelity National Financial news, EVP Peter T. Sadowski sold 133,215 shares of the business’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $47.53, for a total value of $6,331,708.95. Following the completion of the transaction, the executive vice president now owns 89,575 shares of the company’s stock, valued at approximately $4,257,499.75. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Brent B. Bickett sold 58,896 shares of the business’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $44.77, for a total transaction of $2,636,773.92. Following the completion of the transaction, the insider now directly owns 562,658 shares of the company’s stock, valued at approximately $25,190,198.66. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in FNF. Bank of Montreal Can grew its stake in Fidelity National Financial by 6.0% in the 1st quarter. Bank of Montreal Can now owns 113,852 shares of the financial services provider’s stock worth $4,433,000 after buying an additional 6,492 shares in the last quarter. Capstone Asset Management Co. purchased a new position in Fidelity National Financial in the 1st quarter worth approximately $251,000. Candriam Luxembourg S.C.A. grew its stake in Fidelity National Financial by 29.7% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 17,258 shares of the financial services provider’s stock worth $672,000 after buying an additional 3,956 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its stake in Fidelity National Financial by 4.7% in the 1st quarter. Mn Services Vermogensbeheer B.V. now owns 6,527 shares of the financial services provider’s stock worth $238,000 after buying an additional 292 shares in the last quarter. Finally, Korea Investment CORP grew its stake in Fidelity National Financial by 116.7% in the 1st quarter. Korea Investment CORP now owns 133,700 shares of the financial services provider’s stock worth $5,206,000 after buying an additional 72,000 shares in the last quarter. 84.89% of the stock is owned by institutional investors and hedge funds.

Shares of Fidelity National Financial (FNF) traded down 1.38% on Friday, hitting $45.77. 1,199,464 shares of the company’s stock were exchanged. Fidelity National Financial has a 12 month low of $31.64 and a 12 month high of $49.37. The stock’s 50 day moving average is $47.63 and its 200 day moving average is $42.61. The firm has a market cap of $12.49 billion, a P/E ratio of 19.96 and a beta of 0.96.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.00 annualized dividend and a yield of 2.18%. Fidelity National Financial’s dividend payout ratio is currently 43.67%.

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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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