Blue Trust Inc. Purchases 500 Shares of Fidelity National Financial, Inc. $FNF

Blue Trust Inc. raised its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 4,545.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 511 shares of the financial services provider’s stock after purchasing an additional 500 shares during the quarter. Blue Trust Inc.’s holdings in Fidelity National Financial were worth $29,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC grew its stake in shares of Fidelity National Financial by 80.0% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 208 shares during the period. Rise Advisors LLC bought a new position in shares of Fidelity National Financial during the 1st quarter valued at approximately $32,000. Synergy Investment Management LLC bought a new position in shares of Fidelity National Financial during the 1st quarter valued at approximately $36,000. Olde Wealth Management LLC bought a new position in shares of Fidelity National Financial during the 1st quarter valued at approximately $40,000. Finally, SVB Wealth LLC bought a new position in shares of Fidelity National Financial during the 1st quarter valued at approximately $41,000. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Trading Up 0.2%

FNF stock opened at $55.20 on Friday. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. The company has a market capitalization of $15.00 billion, a price-to-earnings ratio of 14.01 and a beta of 1.05. The business has a 50 day simple moving average of $59.04 and a two-hundred day simple moving average of $58.04.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%.The business had revenue of $3.17 billion during the quarter. Research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 dividend on an annualized basis and a yield of 3.6%. Fidelity National Financial’s dividend payout ratio is presently 50.76%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. National Bankshares set a $64.00 price objective on Fidelity National Financial in a research note on Monday, October 6th. Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Fidelity National Financial in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $69.83.

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.