Hanseatic Management Services Inc. Has $259,000 Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Hanseatic Management Services Inc. lifted its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 8.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,173 shares of the financial services provider’s stock after buying an additional 328 shares during the period. Hanseatic Management Services Inc.’s holdings in Fidelity National Financial were worth $259,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. TPG GP A LLC acquired a new stake in Fidelity National Financial in the second quarter worth $83,798,000. Windacre Partnership LLC boosted its holdings in Fidelity National Financial by 9.6% in the first quarter. Windacre Partnership LLC now owns 16,249,267 shares of the financial services provider’s stock worth $862,836,000 after acquiring an additional 1,424,767 shares in the last quarter. Vanguard Group Inc. grew its stake in Fidelity National Financial by 2.8% in the first quarter. Vanguard Group Inc. now owns 26,875,738 shares of the financial services provider’s stock valued at $1,427,102,000 after acquiring an additional 728,768 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Fidelity National Financial by 8.5% during the second quarter. Victory Capital Management Inc. now owns 8,181,554 shares of the financial services provider’s stock valued at $404,332,000 after acquiring an additional 640,829 shares in the last quarter. Finally, Cooke & Bieler LP raised its position in shares of Fidelity National Financial by 3.2% during the second quarter. Cooke & Bieler LP now owns 5,937,596 shares of the financial services provider’s stock worth $293,436,000 after purchasing an additional 184,078 shares during the period. Institutional investors own 81.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on FNF shares. Keefe, Bruyette & Woods lifted their price target on shares of Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a research report on Wednesday, September 4th. Stephens reissued an “overweight” rating and set a $63.00 price objective on shares of Fidelity National Financial in a report on Thursday, August 15th. Truist Financial upped their price target on Fidelity National Financial from $62.00 to $64.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Barclays raised their price objective on Fidelity National Financial from $56.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Finally, StockNews.com cut shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Financial currently has a consensus rating of “Hold” and an average price target of $62.40.

Insider Activity

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $60.85, for a total value of $103,445.00. Following the completion of the transaction, the director now owns 13,206 shares in the company, valued at $803,585.10. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.20% of the stock is owned by company insiders.

Fidelity National Financial Price Performance

NYSE FNF opened at $60.88 on Thursday. The company has a market cap of $16.65 billion, a PE ratio of 18.17 and a beta of 1.37. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.52. The firm’s 50-day simple moving average is $60.27 and its two-hundred day simple moving average is $54.92. Fidelity National Financial, Inc. has a 52 week low of $41.31 and a 52 week high of $62.97.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.03). Fidelity National Financial had a net margin of 7.19% and a return on equity of 14.48%. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the firm earned $1.01 EPS. The company’s revenue was up 2.9% compared to the same quarter last year. Research analysts predict that Fidelity National Financial, Inc. will post 4.53 earnings per share for the current year.

Fidelity National Financial Company 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.