Tiff Advisory Services LLC Reduces Position in Fidelity National Financial, Inc. (NYSE:FNF)

Tiff Advisory Services LLC trimmed its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 64.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 43,993 shares of the financial services provider’s stock after selling 81,521 shares during the period. Fidelity National Financial makes up about 0.8% of Tiff Advisory Services LLC’s investment portfolio, making the stock its 16th biggest position. Tiff Advisory Services LLC’s holdings in Fidelity National Financial were worth $2,470,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FNF. Wealth Enhancement Advisory Services LLC boosted its position in Fidelity National Financial by 18.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,746 shares of the financial services provider’s stock valued at $1,536,000 after buying an additional 3,866 shares during the period. abrdn plc boosted its position in Fidelity National Financial by 28.1% in the 3rd quarter. abrdn plc now owns 69,950 shares of the financial services provider’s stock valued at $4,341,000 after buying an additional 15,355 shares during the period. First Trust Direct Indexing L.P. boosted its position in Fidelity National Financial by 40.1% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 6,117 shares of the financial services provider’s stock valued at $380,000 after buying an additional 1,751 shares during the period. US Bancorp DE boosted its position in Fidelity National Financial by 4.0% in the 3rd quarter. US Bancorp DE now owns 20,718 shares of the financial services provider’s stock valued at $1,286,000 after buying an additional 799 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Fidelity National Financial by 28.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,248 shares of the financial services provider’s stock valued at $201,000 after purchasing an additional 712 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FNF shares. Stephens boosted their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and boosted their price target for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Barclays boosted their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an “equal weight” rating in a report on Monday, February 24th. Truist Financial boosted their price target on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $70.40.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the firm’s stock in a transaction on 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 of the company’s stock, 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 the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the firm’s 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 completion of the transaction, the director now directly 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. 5.20% of the stock is currently owned by company insiders.

Fidelity National Financial Trading Up 0.3 %

NYSE FNF opened at $64.74 on Tuesday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The firm has a market cap of $17.72 billion, a PE ratio of 13.92 and a beta of 1.39. The company has a 50 day moving average price of $57.92 and a 200 day moving average price of $59.37. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $65.65.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.23 by $0.11. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates 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 quarter in the previous year, the business posted $0.75 EPS. As a group, sell-side analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.09%. Fidelity National Financial’s dividend payout ratio (DPR) is presently 43.01%.

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.