CWS Financial Advisors LLC Acquires New Shares in Fidelity National Financial, Inc. $FNF

CWS Financial Advisors LLC purchased a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,525 shares of the financial services provider’s stock, valued at approximately $254,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FNF. Cary Street Partners Investment Advisory LLC grew its stake in shares of Fidelity National Financial by 80.0% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 208 shares in the last quarter. Rise Advisors LLC acquired a new position in Fidelity National Financial in the first quarter worth approximately $32,000. Blue Trust Inc. grew its holdings in shares of Fidelity National Financial by 4,545.5% in the 2nd 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. SVB Wealth LLC purchased a new position in Fidelity National Financial in the 1st quarter worth about $41,000. Finally, REAP Financial Group LLC raised its holdings in shares of Fidelity National Financial by 70.0% during the second quarter. REAP Financial Group LLC now owns 697 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 287 shares during the period. 81.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FNF shares. Barclays reissued a “cautious” rating on shares of Fidelity National Financial in a research report on Monday, October 6th. Stephens assumed coverage on shares of Fidelity National Financial in a research note on Friday. They issued an “overweight” rating for the company. Keefe, Bruyette & Woods boosted their target price on Fidelity National Financial from $69.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. National Bankshares set a $64.00 price target on shares of Fidelity National Financial in a report on Monday, October 6th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Fidelity National Financial in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $70.00.

Fidelity National Financial Stock Down 0.6%

NYSE FNF opened at $58.24 on Friday. The stock’s 50 day moving average is $57.70 and its two-hundred day moving average is $57.40. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The company has a market capitalization of $15.82 billion, a price-to-earnings ratio of 14.78 and a beta of 1.05. 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 quarterly earnings data on Thursday, July 13th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter. The firm had revenue of $3.17 billion during the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%. Equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th will be issued a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a $2.08 dividend on an annualized basis and a yield of 3.6%. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.50. Fidelity National Financial’s payout ratio is 48.37%.

Fidelity National Financial 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.