Fidelity National Financial Inc (NYSE:FNF) EVP Peter T. Sadowski sold 64,883 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $43.86, for a total transaction of $2,845,768.38. Following the completion of the transaction, the executive vice president now directly owns 127,795 shares in the company, valued at $5,605,088.70. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of FNF traded down $0.32 during mid-day trading on Wednesday, reaching $43.94. The stock had a trading volume of 844,181 shares, compared to its average volume of 928,531. Fidelity National Financial Inc has a 52-week low of $29.50 and a 52-week high of $45.40. The firm has a market cap of $12.34 billion, a price-to-earnings ratio of 16.27 and a beta of 0.84. The business’s fifty day moving average is $43.76 and its 200 day moving average is $39.92. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.95 and a quick ratio of 0.95.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Tuesday, July 16th. The financial services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.08. The company had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.08 billion. Fidelity National Financial had a net margin of 9.84% and a return on equity of 16.10%. Fidelity National Financial’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.86 earnings per share. As a group, sell-side analysts anticipate that Fidelity National Financial Inc will post 2.94 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a $0.31 dividend. The ex-dividend date is Friday, September 13th. This represents a $1.24 annualized dividend and a dividend yield of 2.82%. Fidelity National Financial’s dividend payout ratio (DPR) is 45.93%.

Several hedge funds and other institutional investors have recently made changes to their positions in FNF. Penserra Capital Management LLC acquired a new position in Fidelity National Financial in the first quarter valued at approximately $26,000. Rockefeller Capital Management L.P. grew its position in Fidelity National Financial by 1,534.8% in the second quarter. Rockefeller Capital Management L.P. now owns 752 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 706 shares during the period. Griffin Asset Management Inc. acquired a new stake in Fidelity National Financial during the second quarter worth $36,000. Cutler Group LP increased its stake in Fidelity National Financial by 1,000.0% during the second quarter. Cutler Group LP now owns 1,100 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Icon Wealth Partners LLC acquired a new stake in Fidelity National Financial during the first quarter worth $42,000. Institutional investors and hedge funds own 83.12% of the company’s stock.

FNF has been the subject of a number of analyst reports. Compass Point upgraded Fidelity National Financial from a “neutral” rating to a “buy” rating in a research report on Monday, July 8th. Keefe, Bruyette & Woods increased their price target on Fidelity National Financial from $44.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, July 19th. Susquehanna Bancshares started coverage on Fidelity National Financial in a research report on Wednesday, June 19th. They set a “positive” rating and a $48.00 price objective on the stock. Finally, Zacks Investment Research raised Fidelity National Financial from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Monday. One analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company’s stock. Fidelity National Financial has an average rating of “Buy” and an average price target of $46.54.

About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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