Savant Capital LLC Has $1.20 Million Stock Holdings in Fidelity National Financial, Inc. $FNF

Savant Capital LLC trimmed its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 38.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,336 shares of the financial services provider’s stock after selling 13,446 shares during the quarter. Savant Capital LLC’s holdings in Fidelity National Financial were worth $1,196,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FNF. Stephens Inc. AR boosted its stake in shares of Fidelity National Financial by 29.3% in the 2nd quarter. Stephens Inc. AR now owns 180,087 shares of the financial services provider’s stock valued at $10,096,000 after purchasing an additional 40,835 shares in the last quarter. Cerity Partners LLC raised its holdings in Fidelity National Financial by 39.0% during the 1st quarter. Cerity Partners LLC now owns 51,647 shares of the financial services provider’s stock worth $3,361,000 after purchasing an additional 14,485 shares during the last quarter. OLD National Bancorp IN boosted its position in Fidelity National Financial by 2.5% during the second quarter. OLD National Bancorp IN now owns 171,145 shares of the financial services provider’s stock valued at $9,594,000 after acquiring an additional 4,204 shares during the last quarter. New York State Teachers Retirement System increased its holdings in Fidelity National Financial by 22.5% in the second quarter. New York State Teachers Retirement System now owns 135,764 shares of the financial services provider’s stock worth $7,611,000 after purchasing an additional 24,916 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of Fidelity National Financial in the 1st quarter valued at $509,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on FNF. Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a report on Wednesday, October 8th. Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. National Bankshares set a $64.00 price objective on Fidelity National Financial in a report on Monday, October 6th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Fidelity National Financial from $69.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.00.

Fidelity National Financial Trading Down 0.4%

Shares of FNF opened at $58.48 on Thursday. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The firm has a market capitalization of $15.89 billion, a price-to-earnings ratio of 14.84 and a beta of 1.05. The firm’s 50-day moving average price is $57.78 and its 200-day moving average price is $57.43. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.50.

Fidelity National Financial (NYSE:FNF) last released its 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 for the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%. Sell-side analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be paid a $0.52 dividend. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, December 17th. This represents a $2.08 annualized dividend and a dividend yield of 3.6%. Fidelity National Financial’s dividend payout ratio (DPR) is currently 48.37%.

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.