AQR Capital Management LLC Increases Stake in Fidelity National Financial, Inc. (NYSE:FNF)

AQR Capital Management LLC boosted its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 135.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,167,485 shares of the financial services provider's stock after buying an additional 672,323 shares during the period. AQR Capital Management LLC owned 0.43% of Fidelity National Financial worth $65,543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Capital Analysts LLC bought a new position in shares of Fidelity National Financial during the 4th quarter valued at about $29,000. Parkside Financial Bank & Trust grew its position in Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after acquiring an additional 209 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Fidelity National Financial during the fourth quarter worth approximately $37,000. Golden State Wealth Management LLC purchased a new stake in Fidelity National Financial during the fourth quarter valued at approximately $52,000. Finally, UMB Bank n.a. boosted its stake in shares of Fidelity National Financial by 68.9% during the 4th quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider's stock worth $65,000 after purchasing an additional 472 shares during the period. 81.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FNF has been the topic of several research analyst reports. Keefe, Bruyette & Woods raised Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective on the stock in a research report on Tuesday, April 8th. Stephens increased their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. StockNews.com cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Barclays lifted their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Stock Down 0.4 %

Shares of Fidelity National Financial stock traded down $0.23 during trading on Tuesday, reaching $64.33. The company's stock had a trading volume of 134,713 shares, compared to its average volume of 1,121,650. The company has a 50-day simple moving average of $62.89 and a two-hundred day simple moving average of $60.35. Fidelity National Financial, Inc. has a 1-year low of $47.79 and a 1-year high of $66.72. The company has a market cap of $17.67 billion, a price-to-earnings ratio of 13.85 and a beta of 1.14. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.11. The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates 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 period in the previous year, the company earned $0.75 earnings per share. As a group, equities analysts forecast 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 given a $0.50 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 3.11%. Fidelity National Financial's dividend payout ratio is currently 43.01%.

Fidelity National Financial Company 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.