ValuEngine upgraded shares of Fidelity National Financial, Inc. (NYSE:FNF) from a hold rating to a buy rating in a report released on Friday morning.

FNF has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of Fidelity National Financial from a buy rating to a hold rating in a research report on Tuesday, September 5th. SunTrust Banks, Inc. reissued a buy rating and set a $41.00 target price on shares of Fidelity National Financial in a research report on Friday, October 20th. Keefe, Bruyette & Woods reissued a hold rating and set a $37.00 target price on shares of Fidelity National Financial in a research report on Sunday, October 29th. Finally, Barclays PLC increased their target price on shares of Fidelity National Financial from $36.00 to $41.00 and gave the stock an overweight rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. Fidelity National Financial currently has an average rating of Buy and a consensus target price of $44.17.

Fidelity National Financial (NYSE:FNF) traded down $0.21 during midday trading on Friday, hitting $38.55. 1,112,500 shares of the stock were exchanged, compared to its average volume of 1,770,520. Fidelity National Financial has a one year low of $22.83 and a one year high of $38.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $10,551.14, a P/E ratio of 14.88 and a beta of 0.93.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.04. Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.05%. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the prior year, the company posted $0.69 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. analysts expect that Fidelity National Financial will post 2.54 EPS for the current fiscal year.

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The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.25. Fidelity National Financial’s dividend payout ratio is currently 55.79%.

In other news, Director Janet Kerr sold 786 shares of the stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $48.41, for a total transaction of $38,050.26. Following the completion of the transaction, the director now directly owns 11,817 shares in the company, valued at approximately $572,060.97. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Brent B. Bickett sold 80,000 shares of the stock in a transaction that occurred on 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 transaction, the insider now owns 584,367 shares of the company’s stock, valued at $28,172,333.07. The disclosure for this sale can be found here. 5.00% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the company. Chevy Chase Trust Holdings Inc. lifted its stake in Fidelity National Financial by 0.7% during the second quarter. Chevy Chase Trust Holdings Inc. now owns 7,143 shares of the financial services provider’s stock worth $320,000 after purchasing an additional 53 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Fidelity National Financial by 0.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 6,051 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 56 shares during the last quarter. TNB Financial lifted its stake in Fidelity National Financial by 1.0% during the second quarter. TNB Financial now owns 5,608 shares of the financial services provider’s stock worth $251,000 after purchasing an additional 58 shares during the last quarter. Bessemer Group Inc. lifted its stake in Fidelity National Financial by 0.3% during the second quarter. Bessemer Group Inc. now owns 23,419 shares of the financial services provider’s stock worth $1,050,000 after purchasing an additional 67 shares during the last quarter. Finally, Bronfman E.L. Rothschild L.P. lifted its stake in Fidelity National Financial by 3.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,467 shares of the financial services provider’s stock worth $155,000 after purchasing an additional 131 shares during the last quarter. Institutional investors own 81.99% of the company’s stock.

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.

Analyst Recommendations for Fidelity National Financial (NYSE:FNF)

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