Bronfman E.L. Rothschild L.P. Has $155,000 Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Bronfman E.L. Rothschild L.P. increased its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,467 shares of the financial services provider’s stock after purchasing an additional 131 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Fidelity National Financial were worth $155,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Principal Financial Group Inc. increased its holdings in shares of Fidelity National Financial by 65.0% in the second quarter. Principal Financial Group Inc. now owns 17,770,127 shares of the financial services provider’s stock worth $796,636,000 after purchasing an additional 7,000,057 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in Fidelity National Financial by 0.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 6,051 shares of the financial services provider’s stock worth $271,000 after acquiring an additional 56 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Fidelity National Financial by 3.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,562 shares of the financial services provider’s stock worth $1,908,000 after acquiring an additional 1,289 shares in the last quarter. Neuberger Berman Group LLC grew its position in Fidelity National Financial by 8.9% in the second quarter. Neuberger Berman Group LLC now owns 13,934 shares of the financial services provider’s stock worth $625,000 after acquiring an additional 1,144 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Fidelity National Financial by 20.1% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 76,821 shares of the financial services provider’s stock worth $3,444,000 after acquiring an additional 12,833 shares in the last quarter. 84.89% of the stock is currently owned by institutional investors and hedge funds.

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In other news, insider Brent B. Bickett sold 58,896 shares of the company’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $44.77, for a total transaction of $2,636,773.92. Following the completion of the transaction, the insider now owns 562,658 shares of the company’s stock, valued at approximately $25,190,198.66. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Peter T. Sadowski sold 133,215 shares of the company’s stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $47.53, for a total transaction of $6,331,708.95. Following the transaction, the executive vice president now directly owns 89,575 shares of the company’s stock, valued at approximately $4,257,499.75. The disclosure for this sale can be found here. Insiders own 5.00% of the company’s stock.

Shares of Fidelity National Financial, Inc. (NYSE:FNF) traded down 0.02% during trading on Friday, hitting $47.27. 79,495 shares of the company’s stock were exchanged. The stock has a market cap of $12.90 billion, a P/E ratio of 20.61 and a beta of 0.96. Fidelity National Financial, Inc. has a one year low of $31.64 and a one year high of $49.37. The firm has a 50-day moving average price of $47.70 and a 200-day moving average price of $42.95.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, July 19th. The financial services provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. Fidelity National Financial had a net margin of 7.49% and a return on equity of 10.41%. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.14 billion. During the same period in the previous year, the firm earned $0.74 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Equities research analysts expect that Fidelity National Financial, Inc. will post $2.55 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.00 annualized dividend and a dividend yield of 2.11%. Fidelity National Financial’s dividend payout ratio is presently 43.67%.

Separately, Zacks Investment Research upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a research report on Monday, June 19th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $46.60.

About Fidelity National Financial

Fidelity National Financial, Inc (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF’s title insurance underwriters and related businesses.

Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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