Essex Financial Services Inc. Has $236,000 Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Essex Financial Services Inc. lifted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,206 shares of the financial services provider’s stock after purchasing an additional 211 shares during the quarter. Essex Financial Services Inc.’s holdings in Fidelity National Financial were worth $236,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FNF. Capital Performance Advisors LLP acquired a new stake in Fidelity National Financial during the third quarter worth about $32,000. Brooklyn Investment Group acquired a new stake in shares of Fidelity National Financial during the 3rd quarter worth approximately $35,000. True Wealth Design LLC bought a new position in Fidelity National Financial in the third quarter valued at approximately $41,000. Larson Financial Group LLC increased its stake in Fidelity National Financial by 141.1% in the third quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 402 shares during the last quarter. Finally, Covestor Ltd raised its position in Fidelity National Financial by 73.1% during the third quarter. Covestor Ltd now owns 812 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 343 shares in the last quarter. Institutional investors own 81.17% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on FNF. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and raised their target price for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Keefe, Bruyette & Woods decreased their target price on 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. Finally, Truist Financial increased their target price on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.40.

Insider Activity

In other news, Director Sandra Douglass Morgan sold 2,092 shares of the firm’s stock in a transaction on Tuesday, December 24th. The shares were 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 owns 32,386 shares of the company’s stock, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction on Friday, January 10th. The stock was sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Fidelity National Financial Trading Up 1.5 %

Shares of FNF stock opened at $57.68 on Friday. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $64.83. The stock’s fifty day simple moving average is $57.62 and its 200 day simple moving average is $58.87. 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 capitalization of $15.78 billion, a P/E ratio of 20.98 and a beta of 1.39.

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.