Liberty Capital Management Inc. purchased a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,091 shares of the financial services provider’s stock, valued at approximately $398,000.
Several other institutional investors have also recently bought and sold shares of FNF. Charles Schwab Investment Management Inc. increased its position in shares of Fidelity National Financial by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 8,025,159 shares of the financial services provider’s stock worth $498,041,000 after acquiring an additional 289,962 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in Fidelity National Financial during the 3rd quarter valued at about $11,469,000. CWA Asset Management Group LLC bought a new stake in Fidelity National Financial during the 3rd quarter worth approximately $11,100,000. Strategic Financial Concepts LLC purchased a new stake in shares of Fidelity National Financial in the fourth quarter worth approximately $7,760,000. Finally, Prana Capital Management LP lifted its holdings in shares of Fidelity National Financial by 1,104.7% in the third quarter. Prana Capital Management LP now owns 124,715 shares of the financial services provider’s stock valued at $7,740,000 after purchasing an additional 114,363 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.
Insider Transactions at Fidelity National Financial
In related news, 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 transaction of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This trade represents a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the sale, the director now directly owns 32,386 shares in the company, 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. Company insiders own 5.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on Fidelity National Financial
Fidelity National Financial Stock Down 0.7 %
FNF stock opened at $58.04 on Monday. The stock has a market cap of $15.88 billion, a P/E ratio of 21.11 and a beta of 1.39. 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 stock’s fifty day simple moving average is $57.94 and its two-hundred day simple moving average is $58.79. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $64.83.
About Fidelity National Financial
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.
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