Rhumbline Advisers Sells 17,031 Shares of Fidelity National Financial, Inc. $FNF

Rhumbline Advisers lessened its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 742,299 shares of the financial services provider’s stock after selling 17,031 shares during the quarter. Rhumbline Advisers’ holdings in Fidelity National Financial were worth $44,902,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of FNF. Quent Capital LLC acquired a new position in shares of Fidelity National Financial in the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp raised its stake in shares of Fidelity National Financial by 997.7% in the third quarter. Atlantic Union Bankshares Corp now owns 472 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 429 shares during the last quarter. Mather Group LLC. bought a new position in Fidelity National Financial in the 3rd quarter valued at $29,000. Blue Trust Inc. lifted its position in Fidelity National Financial by 4,545.5% during the 2nd quarter. Blue Trust Inc. now owns 511 shares of the financial services provider’s stock worth $29,000 after buying an additional 500 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Fidelity National Financial during the second quarter worth approximately $29,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Halim Dhanidina sold 6,000 shares of Fidelity National Financial stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $55.90, for a total transaction of $335,400.00. Following the completion of the sale, the director owned 13,186 shares of the company’s stock, valued at approximately $737,097.40. The trade was a 31.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Daniel D. Lane sold 6,367 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $57.63, for a total transaction of $366,930.21. Following the completion of the transaction, the director owned 276,308 shares in the company, valued at approximately $15,923,630.04. This trade represents a 2.25% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.50% of the stock is owned by insiders.

Fidelity National Financial Stock Down 0.4%

FNF opened at $56.76 on Friday. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The stock’s fifty day simple moving average is $55.25 and its 200 day simple moving average is $57.22. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.47. The stock has a market cap of $15.96 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.72 and a beta of 0.98.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Fidelity National Financial in a research report on Monday, December 29th. National Bank Financial set a $63.00 price objective on Fidelity National Financial in a research note on Tuesday, January 6th. Stephens initiated coverage on shares of Fidelity National Financial in a research note on Friday, November 14th. They issued an “overweight” rating on the stock. Barclays reduced their price objective on Fidelity National Financial from $64.00 to $63.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 6th. Finally, Wall Street Zen downgraded shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Monday, January 26th. Three investment 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, Fidelity National Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.25.

Fidelity National Financial Company Profile

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.