Wealth Enhancement Advisory Services LLC increases holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Wealth Enhancement Advisory Services LLC raised its stake in Fidelity National Financial, Inc. (NYSE:FNF – Free Report) by 5.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 20,880 shares of the financial services provider’s stock after purchasing an additional 1,061 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity National Financial were worth $1,032,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FNF. KBC Group NV boosted its position in Fidelity National Financial by 845.5% in the 4th quarter. KBC Group NV now owns 631,801 shares of the financial services provider’s stock worth $32,234,000 after buying an additional 564,980 shares. shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Fidelity National Financial during the fourth quarter valued at $1,669,000. BNP Paribas Financial Markets boosted its holdings in Fidelity National Financial by 673.6% in the first quarter. BNP Paribas Financial Markets now owns 666,900 shares of the financial services provider’s stock worth $35,412,000 after purchasing an additional 580,694 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Fidelity National Financial by 7.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 327,206 shares of the financial services provider’s stock worth $17,375,000 after acquiring an additional 23,358 shares during the period. Finally, Principal Securities Inc. purchased a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $872,000. Institutional investors and hedge funds own 81.17% of the company’s shares.

Analysts set new price targets

FNF has been the subject of several recent analyst reports. Stephens restated an “overweight” rating and issued a $63.00 target price on shares of Fidelity National Financial in a research note on Thursday, August 15th. StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft boosted their target price on Fidelity National Financial from $61.00 to $63.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $53.00 price objective on shares of Fidelity National Financial in a research report on Tuesday, August 6th. Finally, Truist Financial raised their target price on shares of Fidelity National Financial from $62.00 to $64.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th . Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $59.80, based on data from MarketBeat.com.

Get the latest research report on Fidelity National Financial

Fidelity National Financial Trading falls 1.3%

Shares of FNF stock opened at $56.68 on Wednesday. Fidelity National Financial, Inc. it has a fifty-two week low of $37.10 and a fifty-two week high of $57.43. The firm has a market cap of $15.49 billion, a P/E ratio of 18.64 and a beta of 1.35. The stock’s fifty day moving average is $52.18 and the two hundred day moving average is $51.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.21, and a current ratio of 0.21.

Fidelity National Financial (NYSE:FNF – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.03). The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Fidelity National Financial had a return on equity of 14.24% and a net margin of 6.55%. The company’s revenue was up 2.9% compared to the same quarter last year. In the same quarter last year, the company posted earnings of $1.01 per share. Research analysts expect that Fidelity National Financial, Inc. to post 4.58 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, September 16. This represents a dividend of $1.92 on an annualized basis and a dividend yield of 3.39%. Fidelity National Financial’s dividend payout ratio (DPR) is currently 63.16%.

Insider trading at Fidelity National Financial

In other Fidelity National Financial news, CFO Anthony Park sold 85,000 shares of the business’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $50.82, for a total transaction of $4,319,700.00. Following the transaction, the chief financial officer now owns 99,049 shares of the company’s stock, valued at $5,033,670.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible via this link. Insiders own 5.20% of the company’s shares.

About Fidelity National Financial

(Free report)

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. Provides title insurance, escrow, and other title-related services, including trust activities, sales warranties, recording and conveyancing, and home warranty products.

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