Fjarde AP Fonden Fourth Swedish National Pension Fund Has $5.15 Million Stock Position in Fidelity National Financial, Inc. (NYSE:FNF)

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF) by 17.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,778 shares of the financial services provider’s stock after selling 19,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Fidelity National Financial were worth $5,152,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its stake in Fidelity National Financial by 257.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 19,498 shares of the financial services provider’s stock valued at $1,210,000 after purchasing an additional 14,042 shares during the last quarter. International Assets Investment Management LLC raised its stake in Fidelity National Financial by 6,061.9% during the 3rd quarter. International Assets Investment Management LLC now owns 43,380 shares of the financial services provider’s stock valued at $26,920,000 after purchasing an additional 42,676 shares during the last quarter. PFG Investments LLC acquired a new position in Fidelity National Financial during the 3rd quarter valued at $202,000. Wealth Enhancement Advisory Services LLC raised its stake in Fidelity National Financial by 18.5% during 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 purchasing an additional 3,866 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale raised its stake in Fidelity National Financial by 13.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 73,492 shares of the financial services provider’s stock valued at $4,469,000 after purchasing an additional 8,623 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the 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 sale, the director now owns 16,716 shares of the company’s stock, valued at $916,872.60. This represents a 14.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sandra Douglass Morgan sold 2,092 shares of the 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 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. 5.20% of the stock is owned by insiders.

Fidelity National Financial Stock Up 1.7 %

FNF opened at $60.95 on Wednesday. The firm’s 50-day simple moving average is $57.31 and its 200-day simple moving average is $59.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $64.83. The firm has a market cap of $16.68 billion, a price-to-earnings ratio of 13.11 and a beta of 1.39.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. Equities research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Monday, March 17th. Fidelity National Financial’s payout ratio is 43.01%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. StockNews.com upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Monday. Truist Financial upped their target price on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a research note on Wednesday, January 8th. 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. Finally, Deutsche Bank Aktiengesellschaft raised 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. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.40.

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.