Cannell Peter B & Co. Inc. trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF) by 1.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,803,569 shares of the financial services provider’s stock after selling 30,091 shares during the period. Fidelity National Financial makes up about 3.0% of Cannell Peter B & Co. Inc.’s holdings, making the stock its 3rd biggest position. Cannell Peter B & Co. Inc. owned approximately 0.66% of Fidelity National Financial worth $85,597,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Chevy Chase Trust Holdings Inc. boosted its position in shares of Fidelity National Financial by 0.7% during the 2nd 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 in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Fidelity National Financial by 0.9% during the 2nd 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 in the last quarter. Bessemer Group Inc. boosted its position in shares of Fidelity National Financial by 0.3% during the 2nd 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 in the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in shares of Fidelity National Financial by 3.9% during the 2nd 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 in the last quarter. Finally, Shell Asset Management Co. boosted its position in shares of Fidelity National Financial by 0.6% during the 2nd quarter. Shell Asset Management Co. now owns 32,341 shares of the financial services provider’s stock worth $1,450,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 82.28% of the company’s stock.

Fidelity National Financial, Inc. (NYSE:FNF) traded down $0.21 during trading on Tuesday, hitting $39.70. 1,338,600 shares of the company traded hands, compared to its average volume of 1,591,131. Fidelity National Financial, Inc. has a 1-year low of $22.83 and a 1-year high of $40.12. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.17. The stock has a market cap of $10,920.00, a price-to-earnings ratio of 15.41 and a beta of 0.66.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.71 EPS for the quarter, topping the 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 business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period in the previous year, the firm earned $0.69 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. research analysts forecast that Fidelity National Financial, Inc. will post 2.41 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a $0.27 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 2.72%. Fidelity National Financial’s payout ratio is currently -1,857.14%.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, September 5th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $41.00 price objective on shares of Fidelity National Financial in a research report on Friday, October 20th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $37.00 price objective on shares of Fidelity National Financial in a research report on Sunday, October 29th. Finally, Barclays PLC boosted their price objective 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 given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $44.17.

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In related news, insider Brent B. Bickett sold 80,000 shares of the business’s 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 completion of the transaction, the insider now 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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Janet Kerr sold 786 shares of the business’s 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 transaction, the director now directly owns 11,817 shares of the company’s stock, valued at approximately $572,060.97. The disclosure for this sale can be found here. 5.00% of the stock is owned by 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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