Fidelity National Financial, Inc. $FNF Shares Purchased by Inceptionr LLC

Inceptionr LLC raised its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 188.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,501 shares of the financial services provider’s stock after buying an additional 15,343 shares during the period. Inceptionr LLC’s holdings in Fidelity National Financial were worth $1,283,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. lifted its holdings in shares of Fidelity National Financial by 1.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 17,542 shares of the financial services provider’s stock valued at $958,000 after buying an additional 192 shares during the period. Fiduciary Trust Co lifted its holdings in shares of Fidelity National Financial by 2.0% in the third quarter. Fiduciary Trust Co now owns 11,813 shares of the financial services provider’s stock valued at $715,000 after buying an additional 228 shares during the period. Centennial Wealth Advisory LLC lifted its holdings in shares of Fidelity National Financial by 5.3% in the fourth quarter. Centennial Wealth Advisory LLC now owns 4,822 shares of the financial services provider’s stock valued at $263,000 after buying an additional 243 shares during the period. 44 Wealth Management LLC lifted its holdings in shares of Fidelity National Financial by 1.7% in the fourth quarter. 44 Wealth Management LLC now owns 15,090 shares of the financial services provider’s stock valued at $824,000 after buying an additional 255 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Fidelity National Financial by 7.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,781 shares of the financial services provider’s stock valued at $212,000 after purchasing an additional 277 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Fidelity National Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 2nd. Barclays reduced their price objective on shares of Fidelity National Financial from $54.00 to $50.00 and set an “equal weight” rating for the company in a research report on Monday, May 11th. Stephens reduced their price objective on shares of Fidelity National Financial from $61.00 to $58.00 and set an “overweight” rating for the company in a research report on Tuesday, May 12th. Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Financial from $71.00 to $67.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Finally, National Bank Financial set a $50.00 price objective on shares of Fidelity National Financial in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $56.25.

Fidelity National Financial Stock Up 0.1%

Shares of Fidelity National Financial stock opened at $47.74 on Thursday. The stock’s fifty day moving average is $48.56 and its 200-day moving average is $51.90. The firm has a market capitalization of $12.85 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 0.69 and a beta of 0.96. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 12-month low of $42.78 and a 12-month high of $61.40.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.16). Fidelity National Financial had a return on equity of 15.49% and a net margin of 5.10%.The company had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same period last year, the firm earned $0.78 earnings per share. The firm’s revenue for the quarter was up 18.2% on a year-over-year basis. Equities analysts anticipate that Fidelity National Financial, Inc. will post 5.29 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, June 16th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 75.91%.

Fidelity National Financial Profile

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.