Oxford Asset Management LLP Buys New Position in Fidelity National Financial, Inc. (NYSE:FNF)

Oxford Asset Management LLP purchased a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,360 shares of the financial services provider's stock, valued at approximately $301,000.

Other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its holdings in shares of Fidelity National Financial by 4.4% in the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after buying an additional 9,146 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity National Financial during the 3rd quarter worth about $672,000. Tidal Investments LLC increased its stake in shares of Fidelity National Financial by 38.9% during the 3rd quarter. Tidal Investments LLC now owns 6,756 shares of the financial services provider's stock worth $419,000 after purchasing an additional 1,892 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Fidelity National Financial by 17.1% during the 4th quarter. Versant Capital Management Inc now owns 1,729 shares of the financial services provider's stock worth $97,000 after purchasing an additional 252 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Fidelity National Financial by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock worth $419,000 after purchasing an additional 1,233 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FNF. Barclays boosted their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and upped their price target for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Stephens upped their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target on the stock in a research note on Tuesday, April 8th. Finally, StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Fidelity National Financial has an average rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Price Performance

NYSE:FNF traded down $0.58 on Thursday, hitting $63.47. The company had a trading volume of 1,665,243 shares, compared to its average volume of 1,121,535. The stock has a market capitalization of $17.45 billion, a price-to-earnings ratio of 13.65 and a beta of 1.09. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average of $62.67 and a two-hundred day moving average of $60.33. Fidelity National Financial, Inc. has a 52 week low of $47.79 and a 52 week high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.23 by $0.11. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same quarter in the prior year, the firm earned $0.75 EPS. On average, research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.50 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.15%. Fidelity National Financial's payout ratio is 43.01%.

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.