Fidelity National Financial Inc (NYSE:FNF) Shares Bought by Stifel Financial Corp

Stifel Financial Corp grew its holdings in Fidelity National Financial Inc (NYSE:FNF) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,023 shares of the financial services provider’s stock after purchasing an additional 1,226 shares during the quarter. Stifel Financial Corp’s holdings in Fidelity National Financial were worth $568,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FNF. Vanguard Group Inc. raised its holdings in Fidelity National Financial by 1.4% during the third quarter. Vanguard Group Inc. now owns 25,173,378 shares of the financial services provider’s stock worth $990,572,000 after purchasing an additional 338,979 shares in the last quarter. Vanguard Group Inc raised its holdings in Fidelity National Financial by 1.4% during the third quarter. Vanguard Group Inc now owns 25,173,378 shares of the financial services provider’s stock worth $990,572,000 after purchasing an additional 338,979 shares in the last quarter. BlackRock Inc. raised its holdings in Fidelity National Financial by 3.2% during the fourth quarter. BlackRock Inc. now owns 16,085,953 shares of the financial services provider’s stock worth $505,740,000 after purchasing an additional 498,242 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Fidelity National Financial by 9.1% during the fourth quarter. Victory Capital Management Inc. now owns 5,651,014 shares of the financial services provider’s stock worth $177,667,000 after purchasing an additional 471,809 shares in the last quarter. Finally, Confluence Investment Management LLC raised its holdings in Fidelity National Financial by 2.9% during the fourth quarter. Confluence Investment Management LLC now owns 2,449,202 shares of the financial services provider’s stock worth $77,003,000 after purchasing an additional 68,577 shares in the last quarter. 83.95% of the stock is owned by institutional investors and hedge funds.

FNF has been the topic of a number of research analyst reports. Piper Jaffray Companies raised their price objective on shares of Fidelity National Financial from $44.00 to $49.00 and gave the stock an “overweight” rating in a report on Monday, April 1st. Zacks Investment Research raised shares of Fidelity National Financial from a “sell” rating to a “hold” rating in a report on Wednesday, April 17th. ValuEngine raised shares of Fidelity National Financial from a “sell” rating to a “hold” rating in a report on Thursday, March 7th. Compass Point started coverage on shares of Fidelity National Financial in a report on Thursday, January 24th. They set a “buy” rating and a $43.25 price objective on the stock. Finally, Barclays reaffirmed a “buy” rating and issued a $42.00 target price on shares of Fidelity National Financial in a report on Friday, February 15th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $43.79.

Shares of Fidelity National Financial stock traded down $0.03 during trading on Friday, reaching $39.52. The company’s stock had a trading volume of 903,025 shares, compared to its average volume of 1,258,810. Fidelity National Financial Inc has a fifty-two week low of $29.50 and a fifty-two week high of $41.41. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.84. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of 14.64 and a beta of 0.94.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. Fidelity National Financial had a net margin of 9.67% and a return on equity of 16.03%. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the firm posted $0.42 EPS. Fidelity National Financial’s quarterly revenue was up 1.7% on a year-over-year basis. Analysts anticipate that Fidelity National Financial Inc will post 2.74 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.24 annualized dividend and a dividend yield of 3.14%. Fidelity National Financial’s payout ratio is currently 45.93%.

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Fidelity National Financial Company Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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