658,250 Shares in Fidelity National Financial, Inc. $FNF Purchased by PFA Pension Forsikringsaktieselskab

PFA Pension Forsikringsaktieselskab bought a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 658,250 shares of the financial services provider’s stock, valued at approximately $36,362,000. PFA Pension Forsikringsaktieselskab owned 0.23% of Fidelity National Financial as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in Fidelity National Financial during the third quarter worth about $26,000. Atlantic Union Bankshares Corp grew its holdings in Fidelity National Financial by 997.7% in the third quarter. Atlantic Union Bankshares Corp now owns 472 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 429 shares during the period. Mather Group LLC. acquired a new stake in Fidelity National Financial in the third quarter valued at approximately $29,000. Canton Hathaway LLC acquired a new stake in Fidelity National Financial in the fourth quarter valued at approximately $26,000. Finally, Headlands Technologies LLC acquired a new stake in Fidelity National Financial in the second quarter valued at approximately $32,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FNF has been the topic of several research analyst reports. Wall Street Zen lowered Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Monday, January 26th. Keefe, Bruyette & Woods dropped their price objective on Fidelity National Financial from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. National Bank Financial set a $67.00 price objective on Fidelity National Financial in a report on Friday, April 10th. Barclays dropped their price objective on Fidelity National Financial from $63.00 to $54.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Finally, Weiss Ratings lowered Fidelity National Financial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $62.67.

Fidelity National Financial Stock Performance

Shares of NYSE:FNF opened at $51.66 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.24 and a quick ratio of 0.24. The business’s 50 day moving average price is $48.66 and its 200-day moving average price is $53.48. The firm has a market capitalization of $13.90 billion, a PE ratio of 24.30, a P/E/G ratio of 0.66 and a beta of 1.00. Fidelity National Financial, Inc. has a 1 year low of $42.78 and a 1 year high of $65.33.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings results on Thursday, February 19th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.10). The firm had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.66 billion. Fidelity National Financial had a return on equity of 15.06% and a net margin of 4.17%.The business’s revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 earnings per share. As a group, equities research analysts expect that Fidelity National Financial, Inc. will post 6 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a $0.52 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.0%. Fidelity National Financial’s payout ratio is currently 97.65%.

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.