Atlas Capital Advisors Inc. Sells 2,110 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Atlas Capital Advisors Inc. decreased its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 34.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,017 shares of the financial services provider’s stock after selling 2,110 shares during the period. Atlas Capital Advisors Inc.’s holdings in Fidelity National Financial were worth $226,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust raised its position in shares of Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 209 shares during the period. Kestra Investment Management LLC bought a new stake in Fidelity National Financial during the fourth quarter valued at about $37,000. Golden State Wealth Management LLC purchased a new position in shares of Fidelity National Financial in the fourth quarter valued at about $52,000. UMB Bank n.a. boosted its stake in shares of Fidelity National Financial by 68.9% in the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider’s stock worth $65,000 after acquiring an additional 472 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in shares of Fidelity National Financial by 19.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 223 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Insider Transactions at Fidelity National Financial

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the business’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 transaction, the director now owns 16,716 shares in the company, valued at $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.20% of the company’s stock.

Fidelity National Financial Stock Down 6.4 %

Shares of NYSE:FNF opened at $60.13 on Friday. The company has a market cap of $16.54 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09. Fidelity National Financial, Inc. has a 12 month low of $46.85 and a 12 month high of $66.72. 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 has a 50-day moving average price of $61.39 and a 200 day moving average price of $60.24.

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

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.33%. The ex-dividend date was Monday, March 17th. Fidelity National Financial’s dividend payout ratio is currently 43.01%.

Analysts Set New Price Targets

A number of research analysts recently commented on FNF shares. Keefe, Bruyette & Woods lowered their price target on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a report on Wednesday, January 8th. Barclays upped their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Monday, February 24th. Stephens lifted their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, February 24th. StockNews.com downgraded shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $70.40.

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.