Capital Investment Advisory Services LLC Sells 300 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Capital Investment Advisory Services LLC decreased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,376 shares of the financial services provider’s stock after selling 300 shares during the period. Capital Investment Advisory Services LLC’s holdings in Fidelity National Financial were worth $274,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FNF. CWM LLC increased its position in shares of Fidelity National Financial by 117.6% during the third quarter. CWM LLC now owns 2,692 shares of the financial services provider’s stock worth $111,000 after acquiring an additional 1,455 shares in the last quarter. IFP Advisors Inc increased its position in shares of Fidelity National Financial by 95.3% during the third quarter. IFP Advisors Inc now owns 1,801 shares of the financial services provider’s stock worth $74,000 after acquiring an additional 879 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Fidelity National Financial by 91.9% during the third quarter. SG Americas Securities LLC now owns 21,811 shares of the financial services provider’s stock worth $901,000 after acquiring an additional 10,445 shares in the last quarter. GHP Investment Advisors Inc. increased its position in shares of Fidelity National Financial by 7.6% during the third quarter. GHP Investment Advisors Inc. now owns 27,956 shares of the financial services provider’s stock worth $1,101,000 after acquiring an additional 1,986 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in Fidelity National Financial by 8.7% during the third quarter. Asset Management One Co. Ltd. now owns 98,857 shares of the financial services provider’s stock worth $4,083,000 after purchasing an additional 7,903 shares during the last quarter. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Stock Performance

Shares of FNF stock opened at $50.85 on Wednesday. The stock has a market cap of $13.89 billion, a P/E ratio of 26.62 and a beta of 1.34. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.21 and a quick ratio of 0.21. The company has a fifty day moving average price of $50.79 and a two-hundred day moving average price of $47.70. Fidelity National Financial, Inc. has a one year low of $32.02 and a one year high of $53.96.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.27). Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the prior year, the business posted $1.06 earnings per share. As a group, equities analysts predict that Fidelity National Financial, Inc. will post 4.81 EPS for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date was Thursday, March 14th. Fidelity National Financial’s dividend payout ratio is 100.52%.

Insider Buying and Selling

In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $51.11, for a total value of $1,196,485.10. Following the transaction, the director now directly owns 40,317 shares of the company’s stock, valued at approximately $2,060,601.87. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 5.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FNF shares. Barclays increased their target price on shares of Fidelity National Financial from $52.00 to $56.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 9th. Deutsche Bank Aktiengesellschaft started coverage on shares of Fidelity National Financial in a report on Wednesday, January 10th. They set a “hold” rating for the company. Keefe, Bruyette & Woods increased their target price on shares of Fidelity National Financial from $54.00 to $56.00 and gave the stock a “market perform” rating in a report on Thursday, March 21st. Finally, Truist Financial increased their target price on shares of Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $54.20.

About Fidelity National Financial

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