Advisor Group Inc. grew its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 3.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,266 shares of the financial services provider’s stock after purchasing an additional 756 shares during the quarter. Advisor Group Inc.’s holdings in Fidelity National Financial were worth $211,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FNF. Neuberger Berman Group LLC grew its position in shares of Fidelity National Financial by 33.6% in the first quarter. Neuberger Berman Group LLC now owns 12,790 shares of the financial services provider’s stock valued at $498,000 after purchasing an additional 3,214 shares during the period. Global X Management Co. LLC grew its position in shares of Fidelity National Financial by 36.4% in the first quarter. Global X Management Co. LLC now owns 8,841 shares of the financial services provider’s stock valued at $344,000 after purchasing an additional 2,360 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Fidelity National Financial in the first quarter valued at about $233,000. Dimensional Fund Advisors LP grew its position in shares of Fidelity National Financial by 7.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,338,595 shares of the financial services provider’s stock valued at $52,126,000 after purchasing an additional 90,956 shares during the period. Finally, King Luther Capital Management Corp acquired a new stake in shares of Fidelity National Financial in the first quarter valued at about $204,000. Institutional investors and hedge funds own 82.13% of the company’s stock.

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Several brokerages have recently issued reports on FNF. Zacks Investment Research lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Barclays PLC raised their price target on shares of Fidelity National Financial from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Monday, July 3rd. Piper Jaffray Companies reissued a “buy” rating and issued a $48.00 price target on shares of Fidelity National Financial in a research note on Friday, July 14th. Finally, ValuEngine raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $46.60.

Fidelity National Financial, Inc. (FNF) opened at 35.02 on Thursday. The stock has a 50 day moving average of $34.32 and a 200 day moving average of $32.22. The stock has a market capitalization of $9.55 billion, a P/E ratio of 15.27 and a beta of 0.91. Fidelity National Financial, Inc. has a 1-year low of $22.84 and a 1-year high of $35.65.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.03. The firm had revenue of $2.29 billion for 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 firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.74 EPS. On average, analysts expect that Fidelity National Financial, Inc. will post $2.42 earnings per share for the current year.

The firm also recently disclosed a dividend, which was paid on Monday, October 2nd. Investors of record on Monday, October 2nd were paid a $30.66 dividend. The ex-dividend date of this dividend was Monday, October 2nd. Fidelity National Financial’s payout ratio is 56.77%.

In related news, insider Brent B. Bickett sold 80,000 shares of the stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $48.21, for a total value of $3,856,800.00. Following the sale, the insider now directly owns 584,367 shares of the company’s stock, valued at approximately $28,172,333.07. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Janet Kerr sold 786 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $48.41, for a total transaction of $38,050.26. Following the completion of the sale, the director now directly owns 11,817 shares in the company, valued at $572,060.97. The disclosure for this sale can be found here. Over the last three months, insiders sold 214,001 shares of company stock worth $10,226,559. 5.00% of the stock is owned by corporate insiders.

Fidelity National Financial Profile

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.

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

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