Fidelity National Financial Inc (FNF) Stake Raised by Victory Capital Management Inc.

Victory Capital Management Inc. grew its stake in Fidelity National Financial Inc (NYSE:FNF) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,651,014 shares of the financial services provider’s stock after purchasing an additional 471,809 shares during the quarter. Victory Capital Management Inc. owned approximately 2.05% of Fidelity National Financial worth $177,667,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of FNF. Alliancebernstein L.P. raised its stake in shares of Fidelity National Financial by 26.5% in the 3rd quarter. Alliancebernstein L.P. now owns 11,670,565 shares of the financial services provider’s stock valued at $459,237,000 after purchasing an additional 2,446,019 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd raised its stake in shares of Fidelity National Financial by 77.3% in the 3rd quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 2,448,841 shares of the financial services provider’s stock valued at $96,361,000 after purchasing an additional 1,067,814 shares in the last quarter. BlackRock Inc. raised its stake in shares of Fidelity National Financial by 5.0% in the 3rd quarter. BlackRock Inc. now owns 15,587,711 shares of the financial services provider’s stock valued at $613,376,000 after purchasing an additional 735,784 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Fidelity National Financial by 225.0% in the 3rd quarter. Marshall Wace LLP now owns 951,156 shares of the financial services provider’s stock valued at $37,428,000 after purchasing an additional 658,528 shares in the last quarter. Finally, Pictet Asset Management Ltd. raised its stake in shares of Fidelity National Financial by 95.7% in the 3rd quarter. Pictet Asset Management Ltd. now owns 953,925 shares of the financial services provider’s stock valued at $37,537,000 after purchasing an additional 466,450 shares in the last quarter. Institutional investors and hedge funds own 82.20% of the company’s stock.

Several equities research analysts recently weighed in on FNF shares. Barclays set a $42.00 price objective on shares of Fidelity National Financial and gave the stock a “buy” rating in a research note on Friday, December 14th. Compass Point started coverage on shares of Fidelity National Financial in a research note on Thursday, January 24th. They set a “buy” rating and a $43.25 price objective on the stock. Zacks Investment Research upgraded shares of Fidelity National Financial from a “sell” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Tuesday, January 15th. Finally, ValuEngine upgraded shares of Fidelity National Financial from a “sell” rating to a “hold” rating in a research note on Thursday, January 24th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Fidelity National Financial presently has a consensus rating of “Buy” and an average target price of $40.56.

FNF traded up $0.42 on Tuesday, hitting $35.84. 297,281 shares of the company’s stock were exchanged, compared to its average volume of 1,269,464. The firm has a market cap of $9.67 billion, a price-to-earnings ratio of 15.79 and a beta of 0.93. Fidelity National Financial Inc has a twelve month low of $29.50 and a twelve month high of $42.52. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.18.

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About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage industries in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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

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