Eaton Vance Management grew its position in Fidelity National Financial, Inc. (NYSE:FNF) by 14.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 57,509 shares of the financial services provider’s stock after buying an additional 7,222 shares during the period. Eaton Vance Management’s holdings in Fidelity National Financial were worth $2,578,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in Fidelity National Financial by 4,066.1% during the first quarter. BlackRock Inc. now owns 14,703,507 shares of the financial services provider’s stock worth $572,554,000 after acquiring an additional 14,350,573 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Fidelity National Financial by 65.0% during the second quarter. Principal Financial Group Inc. now owns 17,770,127 shares of the financial services provider’s stock worth $796,636,000 after acquiring an additional 7,000,057 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Fidelity National Financial by 1,675.0% during the second quarter. Victory Capital Management Inc. now owns 4,323,096 shares of the financial services provider’s stock worth $193,805,000 after acquiring an additional 4,079,547 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Fidelity National Financial by 4.3% during the first quarter. Vanguard Group Inc. now owns 21,623,652 shares of the financial services provider’s stock worth $842,024,000 after acquiring an additional 884,191 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in Fidelity National Financial by 1,644.4% during the first quarter. Prudential Financial Inc. now owns 299,687 shares of the financial services provider’s stock worth $11,670,000 after acquiring an additional 282,507 shares in the last quarter. 82.09% of the stock is owned by institutional investors.

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Several research analysts have weighed in on the company. Zacks Investment Research upgraded Fidelity National Financial from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Thursday, September 14th. ValuEngine upgraded Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $46.60.

Shares of Fidelity National Financial, Inc. (NYSE:FNF) opened at 48.12 on Tuesday. The stock has a 50 day moving average price of $47.71 and a 200-day moving average price of $43.17. Fidelity National Financial, Inc. has a one year low of $31.64 and a one year high of $49.37. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 20.99 and a beta of 0.96.

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 Zacks’ consensus estimate of $0.72 by $0.03. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.14 billion. Fidelity National Financial had a net margin of 7.49% and a return on equity of 10.41%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.74 earnings per share. On average, equities research analysts expect that Fidelity National Financial, Inc. will post $2.55 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given 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 2.08%. Fidelity National Financial’s dividend payout ratio (DPR) is currently 43.67%.

In other news, EVP Peter T. Sadowski sold 133,215 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now owns 89,575 shares in the company, valued at approximately $4,257,499.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brent B. Bickett sold 58,896 shares of the firm’s stock in a transaction dated 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 sale, the insider now 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 owned by company 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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