Prudent Man Advisors LLC Decreases Position in Fidelity National Financial, Inc. $FNF

Prudent Man Advisors LLC decreased its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 15.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,690 shares of the financial services provider’s stock after selling 1,922 shares during the period. Prudent Man Advisors LLC’s holdings in Fidelity National Financial were worth $599,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FNF. GAMMA Investing LLC lifted its stake in shares of Fidelity National Financial by 29.1% in the first quarter. GAMMA Investing LLC now owns 9,629 shares of the financial services provider’s stock worth $627,000 after acquiring an additional 2,171 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Fidelity National Financial by 29.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,249 shares of the financial services provider’s stock worth $2,750,000 after acquiring an additional 9,616 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Fidelity National Financial by 4.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 85,118 shares of the financial services provider’s stock worth $5,540,000 after acquiring an additional 3,510 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Fidelity National Financial by 5.8% in the first quarter. Oppenheimer & Co. Inc. now owns 23,189 shares of the financial services provider’s stock worth $1,509,000 after acquiring an additional 1,267 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in shares of Fidelity National Financial by 3.0% in the first quarter. Asset Management One Co. Ltd. now owns 97,207 shares of the financial services provider’s stock worth $6,326,000 after acquiring an additional 2,807 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Fidelity National Financial Stock Up 0.6%

Shares of Fidelity National Financial stock opened at $57.09 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.50. The business’s 50 day simple moving average is $58.71 and its 200-day simple moving average is $57.94. The stock has a market capitalization of $15.51 billion, a price-to-earnings ratio of 14.49 and a beta of 1.05. Fidelity National Financial, Inc. has a twelve month low of $50.61 and a twelve month high of $66.72.

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

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.5%. The ex-dividend date was Tuesday, September 16th. Fidelity National Financial’s dividend payout ratio (DPR) is currently 50.76%.

Wall Street Analyst Weigh In

Several research analysts recently commented on FNF shares. National Bankshares set a $64.00 price target on Fidelity National Financial in a research note on Monday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Fidelity National Financial in a research note on Saturday. Finally, Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and an average price target of $69.83.

Fidelity National Financial 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.