Sanctuary Advisors LLC Sells 838 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Sanctuary Advisors LLC cut its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 156,600 shares of the financial services provider’s stock after selling 838 shares during the period. Sanctuary Advisors LLC’s holdings in Fidelity National Financial were worth $9,171,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in shares of Fidelity National Financial during the third quarter valued at approximately $32,000. Brooklyn Investment Group bought a new stake in Fidelity National Financial in the third quarter valued at $35,000. True Wealth Design LLC bought a new stake in Fidelity National Financial in the third quarter valued at $41,000. Larson Financial Group LLC grew its position in Fidelity National Financial by 141.1% in the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 402 shares during the period. Finally, Covestor Ltd grew its position in Fidelity National Financial by 73.1% in the third quarter. Covestor Ltd now owns 812 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 343 shares during the period. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Price Performance

Fidelity National Financial stock opened at $58.25 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market cap of $15.94 billion, a P/E ratio of 21.18 and a beta of 1.39. The business’s fifty day moving average is $57.38 and its two-hundred day moving average is $58.95. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $64.83.

Insiders Place Their Bets

In related news, Director Sandra Douglass Morgan sold 2,092 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the transaction, the director now owns 32,386 shares in the company, valued at $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of the firm’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the transaction, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Keefe, Bruyette & Woods lowered their price target on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a “hold” rating to a “buy” rating and upped their price target for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, Truist Financial boosted their price objective on Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.40.

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.