Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by Prosperitas Financial LLC

Prosperitas Financial LLC raised its position in Fidelity National Financial, Inc. (NYSE:FNF) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,997 shares of the financial services provider’s stock after purchasing an additional 256 shares during the quarter. Prosperitas Financial LLC’s holdings in Fidelity National Financial were worth $281,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of FNF. Capital Performance Advisors LLP acquired a new position in shares of Fidelity National Financial in the 3rd quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in shares of Fidelity National Financial in the 3rd quarter worth approximately $35,000. Kestra Investment Management LLC acquired a new position in shares of Fidelity National Financial in the 4th quarter worth approximately $37,000. True Wealth Design LLC acquired a new position in shares of Fidelity National Financial in the 3rd quarter worth approximately $41,000. Finally, Larson Financial Group LLC increased its stake in Fidelity National Financial by 141.1% during the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after buying an additional 402 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Fidelity National Financial

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FNF. Truist Financial upped their target price on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Barclays upped their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Monday. StockNews.com raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Fidelity National Financial has a consensus rating of “Moderate Buy” and a consensus target price of $70.40.

Fidelity National Financial Trading Up 2.0 %

Shares of NYSE:FNF opened at $62.77 on Friday. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $64.83. The company’s 50 day moving average is $57.58 and its two-hundred day moving average is $59.19. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The company has a market cap of $17.18 billion, a PE ratio of 13.50 and a beta of 1.39.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.11. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same period last year, the firm posted $0.75 EPS. Equities analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Monday, March 17th. Fidelity National Financial’s dividend payout ratio (DPR) is 43.01%.

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.