Fidelity National Financial, Inc. $FNF Shares Sold by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC lowered its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 8.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,428 shares of the financial services provider’s stock after selling 7,533 shares during the period. Hunter Associates Investment Management LLC’s holdings in Fidelity National Financial were worth $4,726,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC raised its position in Fidelity National Financial by 80.0% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 208 shares during the last quarter. Rise Advisors LLC acquired a new position in Fidelity National Financial during the first quarter worth about $32,000. Blue Trust Inc. raised its position in Fidelity National Financial by 4,545.5% during the second quarter. Blue Trust Inc. now owns 511 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 500 shares during the last quarter. Synergy Investment Management LLC acquired a new position in Fidelity National Financial during the first quarter worth about $36,000. Finally, Olde Wealth Management LLC acquired a new position in Fidelity National Financial during the first quarter worth about $40,000. Institutional investors and hedge funds own 81.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on FNF shares. Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a research report on Wednesday, October 8th. National Bankshares set a $64.00 price target on shares of Fidelity National Financial in a report on Monday, October 6th. Finally, Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a report on Monday, October 6th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Financial presently has an average rating of “Moderate Buy” and an average price target of $69.83.

Fidelity National Financial Stock Performance

Shares of NYSE FNF opened at $55.18 on Monday. The company has a market cap of $14.99 billion, a PE ratio of 14.00 and a beta of 1.05. Fidelity National Financial, Inc. has a 12 month low of $50.61 and a 12 month high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. The company has a 50-day simple moving average of $58.31 and a 200-day simple moving average of $57.69.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings results on Thursday, July 13th. The financial services provider reported $0.76 EPS for the quarter. The business had revenue of $3.17 billion during the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. On average, equities analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Tuesday, September 16th. Fidelity National Financial’s payout ratio is presently 50.76%.

Fidelity National Financial Company Profile

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.