Iron Horse Wealth Management LLC Buys 311 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Iron Horse Wealth Management LLC lifted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 8.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,876 shares of the financial services provider’s stock after purchasing an additional 311 shares during the period. Iron Horse Wealth Management LLC’s holdings in Fidelity National Financial were worth $218,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of FNF. Capital Performance Advisors LLP bought a new position in shares of Fidelity National Financial during the third quarter valued at approximately $32,000. Brooklyn Investment Group bought a new position in shares of Fidelity National Financial during the 3rd quarter valued at approximately $35,000. True Wealth Design LLC bought a new stake in Fidelity National Financial during the third quarter valued at about $41,000. UMB Bank n.a. raised its position in shares of Fidelity National Financial by 280.6% during the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider’s stock valued at $43,000 after buying an additional 505 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Fidelity National Financial by 141.1% during the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 402 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on FNF. Truist Financial raised their price target on Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and boosted their price target for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods dropped 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 note on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.40.

Fidelity National Financial Stock Up 0.0 %

Shares of FNF opened at $58.41 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average price is $58.15 and its 200 day moving average price is $58.74. Fidelity National Financial, Inc. has a 12-month low of $46.85 and a 12-month high of $64.83. The firm has a market cap of $15.98 billion, a P/E ratio of 21.24 and a beta of 1.39.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Wednesday, November 6th. The financial services provider reported $1.30 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.11). The company had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.32 billion. Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. The company’s revenue for the quarter was up 29.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.23 earnings per share. On average, sell-side analysts forecast that Fidelity National Financial, Inc. will post 4.57 earnings per share for the current year.

Insider Activity at Fidelity National Financial

In other news, Director Halim Dhanidina sold 2,800 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 16,716 shares in the company, valued at $916,872.60. This represents a 14.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial 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 in the company, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

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.